Teton Completes Pipeline

Apr 26, 2001, 01:00 ET from Teton Petroleum Company

    STEAMBOAT SPRINGS, Colo., April 26 /PRNewswire/ -- Teton Petroleum Company
 (CDNX: YTY.U) announces that it has completed a 40 kilometer pipeline in
 western Siberia.  The pipeline will enable the company to produce oil on a
 year round basis from the Eguryak license territory, which is located 20 miles
 north of the Samotlor oil field.  Teton began developing the Eguryak oil field
 in 1997 and has been producing oil since 1997.  From 1997 to present, the
 company has had to truck oil in the winter and barge oil in the summer, and
 shut down oil production in the fall and spring due to changing weather
 conditions.
     The company conducts its active business solely through a 50% ownership
 interest in Goltech Petroleum LLC, a Texas limited liability company
 ("Goltech"), which, in turn, operates solely through ownership of a 70.59%
 interest in Goloil, a Russian joint stock company ("Goloil").  Goloil owns the
 Eguryak license in western Siberia.
     Teton, a U.S. based oil and gas exploration and development company, is
 headquartered in Steamboat Springs, Colorado.
 
     For further information contact H. Howard Cooper, President at
 (970) 870-1417 or e-mail at cooper@cmn.net or Investor Relations: John
 Robinson, Current Capital at (416) 860-0211.
 
     Website: www.tetonpetroleum.com
     Canadian Venture Exchange
     Symbol:  YTY.U
     Shares Outstanding:  24,977,341
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X25043963
 
 

SOURCE Teton Petroleum Company
    STEAMBOAT SPRINGS, Colo., April 26 /PRNewswire/ -- Teton Petroleum Company
 (CDNX: YTY.U) announces that it has completed a 40 kilometer pipeline in
 western Siberia.  The pipeline will enable the company to produce oil on a
 year round basis from the Eguryak license territory, which is located 20 miles
 north of the Samotlor oil field.  Teton began developing the Eguryak oil field
 in 1997 and has been producing oil since 1997.  From 1997 to present, the
 company has had to truck oil in the winter and barge oil in the summer, and
 shut down oil production in the fall and spring due to changing weather
 conditions.
     The company conducts its active business solely through a 50% ownership
 interest in Goltech Petroleum LLC, a Texas limited liability company
 ("Goltech"), which, in turn, operates solely through ownership of a 70.59%
 interest in Goloil, a Russian joint stock company ("Goloil").  Goloil owns the
 Eguryak license in western Siberia.
     Teton, a U.S. based oil and gas exploration and development company, is
 headquartered in Steamboat Springs, Colorado.
 
     For further information contact H. Howard Cooper, President at
 (970) 870-1417 or e-mail at cooper@cmn.net or Investor Relations: John
 Robinson, Current Capital at (416) 860-0211.
 
     Website: www.tetonpetroleum.com
     Canadian Venture Exchange
     Symbol:  YTY.U
     Shares Outstanding:  24,977,341
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X25043963
 
 SOURCE  Teton Petroleum Company