CALGARY, ALBERTA — (Marketwire) — 01/23/12 — TAMM Oil and Gas Corp. (“TAMM”) (OTCBB: TAMO) is pleased to provide information and our analysis on recent advancements in Major Carbonates Projects and updates to it–s Manning Project via a Letter to the Shareholders published on the TAMM web site at
Bill Tighe – CEO and President is quoted – “We are excited with the technical and commercial progress being made by industry leaders in the development of the Grosmont Carbonates – part of the Alberta Carbonate Triangle which includes TAMM carbonate oilsands leases. These operations have progressed to the point where applications for commercial licenses are being made based on innovations in technology and economic returns on capital. This progress has resulted in TAMM forming the previously announced Joint Venture with industry partners for the development of our common projects and working to advance our schedules where possible.”
Further information on TAMM and the TAMM projects can be found on the website at: .
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS AND RISKS
Some of the statements in this press release are forward-looking statements and are based on current expectations, assumptions, and estimates. Words and phrases such as “believes”, “expect, anticipate”, are intended to identify forward-looking statements. Forward-looking statements carry certain risks regarding an assumed set of economic conditions and courses of action, including: (a) whether we will have sufficient financial resources to continue to meet our operational goals and future plans; and (b) the Report and its findings although completed in compliance with Canadian NI- 51-101 standards, were not necessarily prepared in conformity with SEC disclosure principals or guidelines. There is a significant risk that actual material results will vary from projected results. No information provided in this press release should be construed as a representation or indication in any manner whatsoever of the present or future value of the Company or its common stock. Readers of information contained in this press release should carefully review the Company–s filings with the Securities and Exchange Commission that contain important information regarding the Company–s financial results, its future plans, and their limitations, and the risks involved with the Company–s operations. The Company disclaims any responsibility to update forward-looking statements made herein.
Contacts:
TAMM Oil and Gas Corp.
(403) 513-2663