Diaz Resources Ltd (fka DZRFF)

[mhlld]

The third Harmattan well is completed and awaiting flow testing.
Read the Rally Energy news release that follows. I believe this third well is also 40% Diaz's, 10% Sharon Energy, and 50% Rally Energy.



CALGARY, ALBERTA--(CCNMatthews - June 13, 2005) - Rally Energy Corp. (TSX VENTURE:RAL - News; FWB:RLE) is pleased to confirm that, effective immediately, Good Production Practice status has been granted for the Harmattan discovery well. This well, drilled late in 2004, encountered 21 feet of oil pay in the Glauconite formation and production tested at an average gross flow rate of over 600 bbls/d of oil and 980 mcf/d of gas. With the granting of GPP status, this well is being placed on production at an initial rate of approximately 400 bbls/d of oil and 900 mcf/d of gas. Rally Energy holds a 50% non-operated interest in this well.

Rally Energy's third Harmattan well, located approximately 1.6 kilometres east of the first discovery well, has been drilled to target depth and has been cased. Completion and testing activities will commence once wet field conditions improve.


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Contact:

Rally Energy Corp.
Lamont Tolley
http://biz.yahoo.com/ccn/050613/a4f02ed07e53cfe737f14c87a6ea6ef0.html?.v=1