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Tamm Oil and Gas Becomes Biggest Player In The Sawn Lake Oil Sands, Says Investrend Research Affiliate SISM Research

Posted on: Wednesday, 12 December 2007, 09:00 CST

(Investrend Research Syndicate) In an initial report dated December 10, 2007, Ernest C. Schlotter, a senior analyst with SISM Research and a StarMine four-star analyst, has initiated coverage on Tamm Oil and Gas Corp. (OTCBB: TAMO) with a 12-month target price of $5.20.

The full SISM report on TAMO, including important disclosures, disclaimers and analyst qualifications is available at http://www.sism.com and http://www.investrendresearch.com, or may be directly accessed via this link: http://investrend.com/Admin/Topics/ Articles/Resources/913_1197433618.pdf. (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.) Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

According to SISM analyst Schlotter:

"Heavy oil is becoming an increasingly important part of the world's oil production since it's becoming more and more difficult to find so-called conventional oil. Significant acquisitions of heavy oil can be expected in the near future from supermajors. Tamm Oil and Gas Corp., in a very short time, has become the largest stakeholder in the Sawn Lake Project in Peace River in Northern Alberta, which covers 43,964 acres. Tamm beneficially owns approximately 45.7% on leaseholds, and in addition, a 2% Gross Overriding Royalty Right providing Tamm with a revenue source of 2% from every barrel of oil sold in the project.

"During 2006, three wells were tested in the Sawn Lake Project. The initial drilled well confirmed cold flow production at 10.79° API oil quality of the reservoir at commercial rates. The second and third wells drilled indicated an oil quality in the range of 6.2 to 7.6° API, and log analysis assigned net oil pays of between 22 and 23 meters. This is above the average net oil pay of 15 to 20 meters as reported by the Canadian Society of Petroleum Geology for Peace River Bluesky Oil Sands, indicating much more original oil-in-place than earlier estimated by Ryder Scott. In 2004, Ryder Scott and AJM both estimated the Sawn Lake Project to contain between 819 million and 1.2 billion barrels of oil-in-place."

Analyst Schlotter added:

"Tamm Oil and Gas has positioned itself as an aggressive acquirer and developer of heavy oil projects in Canada and its future business opportunities will continue to focus on heavy oil. In 2007, a few acquisitions in the Alberta Oil sands were priced at approximately US$1.00/recoverable barrel across the Proven, Probable, and Possible categories. These parameters would value Tamm's Sawn Lake at $462 million or $5.20 per share, before proving up the assets."

SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM Research writes, publishes and distributes research coverage on micro- to small-cap public companies trading on the OTC, NASDAQ and AMEX. This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall and Investext, Reuters Multex, Knobias and Investrend.

Both SISM Research and Investrend Research subscribe to the exacting "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com, as well as the CFA-NIRI Guidelines at http://www.cfainstitute.org. SISM's Research platform is also executed in accordance with Guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies at http://www.sec.gov/info/smallbus/acspc/acspc-finalreport_d.pdf.

Tamm Oil and Gas Corp. has retained and pays SISM Research $1,850 per month over a two-year period to ensure independent coverage. SISM and Investrend Research take steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, analysts may not trade in any security under coverage.

Complete information about this company is available at the company's InvestorPower page accessible from http://www.investrend.com/company/list.asp?sPathParam=yes, and the full report is available at http://www.sism.com and http://www.investrendresearch.com. Investors are advised to read disclosures carefully before trading in the equities of any enrolled company.

Anyone interested in receiving alerts regarding Tamm Oil and Gas research should email contact@investrend.com or info@sism.com with "TAMO" in the subject line, or click on http://www.investrend.com/contact.asp.

Forward-Looking Statements: Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results.

Source: Business Wire

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