Miller Petroleum Returns to the Over The Counter Bulletin Board

HUNTSVILLE, Tenn., Feb. 4  /PRNewswire-FirstCall/ -- Miller Petroleum, Inc. (OTC:MILL.OB) (BULLETIN BOARD: MILL.OB)  announced today that its common stock has been approved for quotation on the OTC Bulletin Board, effective immediately.  The stock will continue to be quoted under the symbol MILL.

Miller CEO Scott M. Boruff commented that, "One of the first orders of business when I became CEO was to put in place the systems and relationships to assure that Miller always meet SEC filing deadlines.  Today's announcement is the result of those efforts.  Because our common stock will now be quoted on the OTC Bulletin Board instead of the Pink Sheets, our stock is more readily available to a broader spectrum of investors. More importantly, this is one of the steps towards Miller seeking a listing of our common stock on an exchange such as NASDAQ or AMEX in the future. The quotation of our stock on the OTC Bulletin Board will also afford Miller more financing options for the acquisition targets Miller presently has under consideration.  This is another example of the actions continually taking place at Miller to execute our ambitious business plan moving forward."

About Miller Petroleum

Miller Petroleum, Inc. is an oil and natural gas exploration, production and drilling company operating primarily in the heart of Tennessee's prolific and hydrocarbon-rich Appalachian Basin. Company chairman Deloy Miller has a successful track record spanning more than forty years in this Basin's oil and gas industry. Since 1967, Miller Petroleum has drilled or serviced over 5200 wells. This experience has positioned Miller as one of Tennessee's premier energy companies.

Forward Looking Statements

Certain matters discussed within this press release are forward-looking statements. Although Miller Petroleum, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include financial performance, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Miller's reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K. 

DATASOURCE: Miller Petroleum, Inc.



CONTACT:  Scott M. Boruff of Miller Petroleum, Inc., [phone],

Fax: [phone]



Web site:  http://www.millerpetroleum.com/ 

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