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Tuesday, 05/04/2004 10:55:15 AM

Tuesday, May 04, 2004 10:55:15 AM

Post# of 3023
SAN TELMO ENERGY APPOINTS INTERIM CHIEF

FINANCIAL OFFICER


VANCOUVER, B.C., May 3, 2004 – San Telmo Energy Ltd. (OTCBB: STUOF; TSX-V: STU) announced today that Bill Schmidt has been appointed Chief Financial Officer on an interim basis. The appointment of Mr. Schmidt, who also serves as a Director of San Telmo Energy, is effective immediately.

Chris Dyakowski has stepped down as Chief Financial Officer for San Telmo and the company thanks him for his dedicated service in this role. Mr. Dyakowski remains a valued and active member of the company’s Board of Directors.



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