(Investrend Research Syndicate) -- Ernest C. Schlotter, senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on TAMM Oil & Gas, Inc. (OTCBB: TAMO). The 18-page report, dated July 1, 2011, includes detailed information regarding progress being made toward unlocking oil from carbonates at the company‘s Manning project in Peace River, Alberta. An updated analyst's rating/recommendation from Schlotter is also included in the report. The full report includes important disclosures, disclaimers and analyst information. SISM Research advises investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. SISM Research further advises that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor’s total investigative process. A complimentary copy of the 18-page update report, which includes important disclosures, disclaimers and analyst’s qualifications, can be directly downloaded for a limited time via the Investrend Research Syndicate (at http://www.investrend.com/TAMO-Update.pdf), as well as via the SISM Research website (at http://www.sism.com/researchreportstamm.htm). According to analyst Schlotter’s report: “A just-released feasibility study clearly indicates that the potential of the Manning project is of sufficient merit to justify the work program targeting the carbonates in the Project. While the engineering firm valued TAMM’s Manning project at $130 million (or approximately $1.30 per share) it is very important to note that only four sections (or approximately 7%) of the entire leaseholds has been validated. “The two most significant potential carbonate reservoir zones in the Manning area are the Elkton and the Lower Debolt formations. Based on the report, 2.7 billion barrels of oil are estimated on TAMM’s leaseholds. In May, 2011, privately held Laricina Energy, Ltd., reported a breakthrough in extracting heavy oil from carbonate formations and began selling oil to the market.
“Five years ago, nobody in the industry believed that such a technology could work in extracting oil from carbonate-hosted formations, but now it has been proven that it works. In our view TAMM’s Project geology is very favourable for carbonate commercialization when compared with data from Laricina, which will be extensively discussed in our report.”TAMM’s farm-in partner, Cougar Oil & Gas (OTCBB: COUGF), is preparing to drill a well late this summer, testing cold flow production potential, and according to SISM’s Schlotter, “Cougar has identified a ‘sweet spot’ of the Elkton and Debolt reservoir.” Schlotter further stated, “If cold flow production from the carbonates is confirmed, we would see a major revaluation of the entire TAMM Project.” “By drilling this well,” the research update continues, “key information to the planning and development of this area would be obtained. The preserved core that will be recovered will provide key reservoir information including oil and water saturations and oil viscosity. Cougar/TAMM will also be able to use samples of the core to test the effectiveness of various thermal and solvent treatments which may be utilized throughout TAMM’s lands.” Schlotter concludes: “We believe that emerging oil sands companies are an attractive investment opportunity in the near, medium, and longer term, and very importantly, we believe TAMM’s Manning project has very good asset quality and the Company will have ability to execute the project.” SISM Research SISM Research ( http://www.sism.com) is a private investment research firm, based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Research publishes research on micro- to small-cap companies trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and in Europe. SISM Research, as a member-provider of the FIRST Research Consortium, takes steps to ensure the independence and integrity of SISM’s published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting “Standards for Independent Research Providers”, which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies. The Investrend Research Syndicate The Investrend Research Syndicate, a proprietary entity of Investrend Communications, Inc., distributes reports published by sources dedicated to unbiased, reliable analytics and complete transparency. The primary measure for determining those sources is the “Standards for Independent Research Providers.”
“Safe Harbor” StatementThis announcement may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of TAMM Oil & Gas, Inc., to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and TAMM Oil & Gas, Inc., management assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade. Cautionary Note to U.S. Investors The United States Securities and Exchange Commission permits resource companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms on this press release, such as those related to prospective resources, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. US investors are urged to consider closely the disclosure in our Form 10K. You can also obtain this form from the SEC by calling 1-800-SEC-0330. Additional information may be found at the SEC website.
DisclaimerThe OTC Bulletin Board Exchange has neither approved nor accepts responsibility for the adequacy or accuracy of the above news release. Disclosures SISM Research has researched and written the above-referenced report without any input, contact, advice, or review from the subject company. Any information has been gathered from public sources of information including, but not limited to press releases, company websites, and SEC filings. Morgarten Financial Services ("Morgarten") paid SISM Research ("SISM") an initial retainer of six thousand eight hundred and fifty US dollars to resume continuing coverage of TAMM Oil and Gas, and Morgarten is under contract and is paying SISM an ongoing fee of one thousand eight hundred and fifty US dollars per month over a two-year period to ensure continuation of SISM’s independent coverage of TAMM Oil and Gas. SISM has paid Investrend Communications, Inc. (“Investrend”) a portion of SISM's collected fees from Morgarten for a “distribution and visibility” program, provided by the Investrend Research Syndicate (Div., Investrend) in support of SISM's TAMM Oil and Gas coverage. No promise of favorable point of view or opinion was or has been made by SISM or the analyst(s) writing for SISM, to the subject company. Further, it is SISM’s policy that neither the firm nor its principals, nor the firm's assigned and/or other writing analyst(s) own or trade shares of any subject companies or subject companies' "competitors". Additional information about TAMM Oil & Gas is available via the company’s website (at http://www.tammoilandgas.com), and additional information about Cougar Oil & Gas Canada is available via Cougar’s company website (at http://www.cougarenergyinc.com).