Altai Resources Inc. Reports on Talisman Test Well on its Sorel- Trois Rivieres Oil and Gas Permits, Quebec, Canada

From: CCNMatthews Newswire | Date: October 12, 2006 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - Oct. 12, 2006) -

Altai Resources Inc. (TSX VENTURE:ATI)(US Sec. Rule 12g3-2(b) File # 82-2950) ("Altai") announces:

Talisman Energy Canada has drilled its stratigraphic well on Altai's oil and gas permit No. 2002PG625 in the Sorel-Trois Rivieres area, Quebec to a depth of 1,298 meters. This vertical well encountered good gas shows during drilling. The well has been cased and is awaiting availability of a completion rig which will allow flow tests...

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