Calgary, Alberta, April 2, 2008: Montello Resources Ltd. (TSX Venture Exchange Symbol "MEO") ("Montello") as Operator of the Morgan Highpoint Project is pleased to announce that the Company has begun preparations to drill the Morgan Highpoint # 5 Test Well.

The Morgan Highpoint #5 Test Well is to be drilled on a parcel of land recently acquired as part of the Morgan Highpoint Project and is strategically located between the Morgan Highpoint #3 Discovery Well and the Howard White #1Well.

The lease site has already been surveyed and a drill pad location is currently under construction. Accordingly, a spud date will be announced shortly.

The Morgan Highpoint # 5 Test well offsets the Morgan Highpoint # 3 Discovery well which recently underwent an eight-hour production test that resulted in excess of 250 barrels of light gravity oil flowing to surface with an associated high gas/oil ratio. (For more on this, see our news release of March 27th, 2008 posted at www.sedar.com or www.montello.com.

About Montello Resources Ltd.

Montello Resources Ltd. (TSX-V: MEO), www.montello.com, is an emerging, publicly traded company listed on the TSX Venture Exchange in Canada. Montello is pursuing shallow oil and gas opportunities in Northern Alberta, engaged in deep high impact drill projects in southern Alberta, as well as high impact oil and gas exploration "hunting for elephants" in the Tennessee Appalachians.

ON BEHALF OF THE BOARD OF DIRECTORS

"William R. Cawker"
William R. (Bill) Cawker
President-CEO

For further information contact Montello Resources Ltd.:
William (Bill) Cawker President - C.E.O. bill_cawker@montello.com
Larry Myles lmyles@montello.com
Visit www.montello.com for ongoing updates & have your name included on our mailing list.

Reader Advisory: This news release contains certain forward-looking statements, including management's operations and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Corporation's control. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. There can be no assurances that future developments affecting Montello will be those anticipated by management. Furthermore any forward-looking statements contained in this news release are made as at the date of this news release and the Corporation does not undertake any obligation to update publicly or to revise them whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. We Seek Safe Harbor.

"BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead."


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.