Gastem Inc.: St-Jean North Permit Spud for Coring and Analysis

Gastem (TSX VENTURE: GMR) is pleased to announce that drilling is underway on Questerre et al #1 Saint-Jean-sur-Richelieu test well in the St. Lawrence Lowlands. Gastem holds a 20% working interest on this permit and Questerre is Operator with an 80% working interest.

The St-Jean North permit, 54,000 gross acres, was obtained by Questerre in 2007 from a third party and Gastem, as a result of a previous agreement with Questerre, has a 20% participating interest. The St-Jean North permit is adjacent to Gastem’s 50% owned St-Jean Block, comprising 198,000 gross acres.

The well is being drilled to obtain core samples and logs to evaluate the shale gas potential in shallower Utica and Lorraine formations in the southern portion of this permit. Subject to final drilling results, Gastem and Questerre may fracture stimulate and test the well.

Gastem is an independent oil and gas exploration company based in Montreal. The company holds exploration and storage rights to over 1.1M acres of land in the St. Lawrence Lowlands and the Gaspe Peninsula in Quebec. Gastem USA is a wholly owned subsidiary of Gastem and has an option to acquire a 65% interest in properties situated in New York State and has revenues from a minority participation in the Amber Bank shale gas project in West Virginia. Other development projects are being evaluated.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

 Contacts: Gastem David Vincent 514-875-9034 david.vincent@gastem.ca

SOURCE: Gastem Inc.