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Altus Explorations Inc. Provides Kansas Update.


OLIVE BRANCH olive branch

symbol of peace and serenity. [Gk. and Rom. Myth.: Brewer Handbook; O.T.: Genesis, 8:11]

See : Peace
, Miss. -- Altus Explorations Inc. (the "Company") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:ATUX) announces that the Elizabeth McNowan Trust No.1 Well, which falls within the Company's Lake Creek Prospect area in Chataqua County, Kansas, was surveyed and permitted for drilling on August 3, 2004. C & G Drilling Rig rig

see cryptorchid.
 No. 3 was moved to location on August 15, 2004 and drilling began on August 16, 2004. 8 5/8" surface casing was set August 17, 2004. Drilling reached a depth at 1,107 feet on August 19, 2004 heading to a target depth 2,878 feet.

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
," as that term is defined in Section 27A of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the target depth of 2,878 feet.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 24, 2004
Words:170
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