July 7, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Alamo Energy Corp. (OTCBB: ALME) said that work has started on the Valentine #1 Well, Ritchie County, West Virginia. The recompletion of the Valentine #1 well drilled in 1981 is targeting the upper shallow zones identified as the, 5th sand formation from 2810' – 2714'; Gordon sand from 2642' – 2528', 30’; Sand from 2348' – 2320'; Gantz sand from 2294' – 2226;' Berea sand from 2196 – 2190'.

Alamo conducted a three stage, 5,500 barrel slick water fracture using 50,000 lbs of 20/40 mesh sand for propping up the formation, averaging a 1,658 psi injection rate at 38.8 barrels per minute of fluid during the fracturing process.

A company spokesperson said, "Initial results are very encouraging as we now have 216.0 feet of oil/gas formations open down to the top of the 5th Sand with 1,000 psi on the wellhead. The well is now in the process of being hooked up to the processing and metering facilities to commence production of oil and gas."

Headquartered in London, England and with operational offices in Houston, Texas, Alamo Energy Corp. (OTCBB: ALME) is an independent company focused on the exploration, development and production of onshore oil and gas reserves in the United Kingdom and United States.

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