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PR Newswire
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Great Northern Oilsands Inc. completes the drilling and casing of the John Bowen # 2 test well

VANCOUVER, Nov. 23 /PRNewswire-FirstCall/ -- Great Northern Oilsands Inc. ("Great Northern") is pleased to announce that the operator Montello Resources Ltd., (TSXV: MEO) has informed Great Northern that they have cased the John Bowen # 2 well in Morgan county, Tennessee, to 9,557 feet.

After releasing the drill rig, the well evaluation process will commence.

Furthermore, Great Northern and its partners are in the final stage of acquiring additional acreage in Morgan County.

Great Northern will keep shareholders apprised of developments with respect to this project as they occur.

Please visit Great Northern Oilsands Inc. corporate website at http://www.greatnorthernoilsands.ca/

Certain statements in the release are forward-looking statements or information (collectively "Forward-Looking Statements"), within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended. We are hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in these Forward-Looking Statements. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intend," "plan," "projection," "could," "vision," "goals," "objective" and "outlook") are not historical facts and may be forward-looking and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the Forward-Looking Statements.

CONTACT: David Lane, Great Northern Oilsands Inc. President & Chief Executive Officer, Email: info@greatnorthernoilsands.ca; Investor Relations, Great Northern Oilsands Inc., Email: info@greatnorthernoilsands.ca, Telephone (604) 646-5625, Facsimile (604) 688-1817

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