BELLAMONT EXPLORATION LTD. ANNOUNCES A 20% INCREASE TO ITS CREDIT FACILITY

CALGARY, May 11 /CNW/ -- 
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN
 THE UNITED STATES/


CALGARY, May 11 /CNW/ - Bellamont Exploration Ltd. (the "Corporation" or
 "Bellamont") (TSXV: BMX.A) (TSXV: BMX.B) is pleased to announce an
 increase to its credit facility.


Bellamont's lender, National Bank Financial, has agreed to a 20%
 increase of the Corporation's revolving credit facility from $50.0
 million to $60.0 million.  This is the third successive increase to the
 facility following Bellamont's acquisition of Standard Energy Inc. in
 February of 2010, and is reflective of Bellamont's continued drilling
 success.


ANNUAL MEETING


Bellamont's annual shareholder meeting will be held at 3:00 p.m.  on
 June 2, 2011 in the Livingston Place Conference Centre, Livingstone
 Place, South Tower, 2(nd) Floor, 222 3(rd) Avenue S.W., Calgary Alberta.


The TSX Venture Exchange has not reviewed and does not accept
 responsibility for the adequacy or accuracy of this release. Not for
 distribution to U.S. newswire services or for dissemination in the
 United States.  Any failure to comply with this restriction may
 constitute a violation of U.S. securities law.



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p Steve Moran, President and Chief Executive Officer, [phone]; orbr/ Tavis Carlson, Vice President Finance and Chief Financial Officer, (403)  802-0117br/ 1208, 250- 2supnd/sup Street S.W. Calgary, Alberta T2P 0C1br/ Email: a href="mailto:[e-mail]"[e-mail]/abr/ a href="http://www.bellamont.com"www.bellamont.com/a /p 

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