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Monday, 12/12/2005 1:49:08 PM

Monday, December 12, 2005 1:49:08 PM

Post# of 2970
AMHD news due soon:

Amelot Holdings, Inc.: Update on Kerr 1-H Drilling Operations
Thursday December 8, 9:15 am ET


CHEYENNE, Wyo., Dec. 8, 2005 (PRIMEZONE) -- Amelot Holdings, Inc. (Other OTC:AMHD.PK - News) is pleased to provide the following update on its Kerr 1-H operation located in Shelby County, Texas.

Regular reports from CG Operating confirm that by Wednesday, December 7, 2005, drilling had successfully reached the depth of 3154' and had begun drilling through the curve in the turn. They are now over 70% of the way through the curve in the turn which is expected to be completed sometime today. The hole will be subsequently conditioned and a 7`` casing run bottom in preparation of drilling the lateral.

``We are extremely pleased with the smoothness of the operation thus far, and are currently running about one day behind schedule. We will continue updating our shareholders as events unfold,' said Aziz Hirji, President and Chairman of Amelot Holdings, Inc.

These updates and timelines can also be found at: http://www.amelotholdings.com/project/timelines.htm




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