The Marcellus Shale - St. Mary Land & Exploration

St. Mary Land & Exploration Company (SM) made the following comments during its first quarter of 2009 conference call held on May 5, 2009.

 “In the Marcellus Shale, we plan to begin testing activities in the third quarter of this year. We currently expect to drill two horizontal wells in 2009,” said Javan D Ottoson, the COO of St. Mary Land & Exploration.