LEWISVILLE, TX -- (Marketwire) -- 08/07/08 -- American Resource Technologies, Inc.
(PINKSHEETS: ARUR) has been informed by the operator that the initial swab
testing of the Linn 1-08 located in Montgomery County, Kansas has been
completed. The result from three fifteen-minute swabs was the recovery of
approximately 4 barrels of fluid per hour with an oil cut of approximately
30%. While swab tests do not necessarily result in actual production, this
recovery indicates that the well may be able to produce in excess of 100
barrels of fluid per day and if the oil-water ratio remains constant the
well could produce in excess 30 barrels of oil per day. The Company is
pleased and encouraged by these results.
About American Resource Technologies, Inc.
The company is based in Lewisville, Texas. Additional information about the
Company is available at www.arur.us
Where this statement includes "forward-looking" statements within the
meaning of Section 27A of the Securities Act, the Company desires to take
advantage of the "safe harbor" provisions thereof. Therefore, the Company
is including this statement for the express purpose of availing itself of
the protections of such safe harbor provisions with respect to all of such
forward-looking statements. The forward-looking statements in this
announcement reflect the Company's current views with respect to future
events and financial performance. These forward-looking statements are
subject to certain risks and uncertainties that could cause actual results
to differ from those anticipated. In this announcement, the words
"anticipates," "believes”, "expects," "intends," "future" and similar
expressions identify forward-looking statements. The Company undertakes no
obligation to publicly revise these forward-looking statements to reflect
events or circumstances that may arise after the date hereof. All
subsequent written and oral forward-looking statements attributable to the
Company or persons acting on its behalf are expressly qualified in their
entirety by this statement.