AM Oil Resources & Technology Inc. to Build 3 Portable Steam Generators and Receives Continued Interest.

VALENCIA, Calif. -- AM Oil Resources & Technology Inc. (OTCBB: AMOR) announced today it has finished pre-engineering and will immediately start construction of 3 (three) 10 (ten) Million B.T.U. portable steam systems. The units, targeted for California's oil fields, should be producing revenue for the Company by the end of the first quarter or the beginning of the second quarter. Each of the Company's MTO-06 portable steam systems is capable of producing from $2 - $6 million in annual revenues for the Company. AM Oil Resources & Technology expects to construct between 10 and 20 units in 2009.

According to Anthony K. Miller, CEO, "Our technology is market ready and we are rapidly moving to construct the first of many units we intend to sell and utilize this year. Since we launched our website at www.am-oil.com we have been receiving consistent interest both domestically and internationally, which reinforces that we are on the right track."

"Our initial target market is the more than 400,000 marginal wells in the U.S. alone. California has produced over 9 billion barrels of oil since steaming has been employed and 77 billion barrels of crude oil is still waiting to be produced by technology and innovation. We believe that our technology can provide a solution to independent oil producers as well as larger producers," continued Miller.

CNN Article and Video on Stripper Wells available at http://us.cnn.com/2008/US/09/17/stripper.wells/index.html?iref=24hours

Article from Stripperwells.com:

In the United States of America, one out of every six barrels of crude oil produced comes from a marginal oil well, and over 78 percent of the total number of U.S. oil wells are now classified as such. There are over 400,000 of these wells in the United States, and together they produce nearly 900 thousand barrels of oil per day, 15 percent of U.S. production.

About AM Oil Resources & Technology Inc.:

Our mission is to use, sell and produce our patent and patent pending technologies, providing environmentally safe and cost-effective apparatus designed to maximize oil production in oil fields, in both domestic and international markets, and to provide solutions to the world with technology that will recover crude oil that would otherwise remain in the ground forever. By utilizing proper development, partnership and strategic alliances, we will attain this goal. Our website is: www.am-oil.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act: This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of AM Oil Resources & Technology Inc. and related companies (hereafter collectively referred to as "the Company," "we," "our" or "us") to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be," "may allow," "intends to," "may likely," "are expected to," "may continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties, including: (a) intense competition in the oil and gas sector; (b) whether we are able to manage our planned growth efficiently, including whether our management will be able to identify, hire, train, retain, motivate, and manage required personnel or that management will be able to manage and exploit existing and potential market opportunities successfully; (c) whether we are able to generate sufficient revenues or obtain financing to sustain and grow our operations. Any agreements and event coverage should not be construed by any means whatsoever as having any impact on or a reflection of the Company's future stock price or future financial results.