Article: Statesman's First Appraisal Well in Kansas Producing at 389 mcf/day; Field Development Planned.

VANCOUVER, BRITISH COLUMBIA, Nov 3, 2009 (Marketwire via COMTEX) -- Statesman Resources Ltd. (TSX VENTURE:SRR) has connected the Statesman Eberhardt #1-24 gas well to the Reichel gathering system and as part of its production testing has commenced gas sales to IACX Energy LLC ("IACX"). The Eberhardt well has flowed an average 389 mcf/day over the past 8 days with a 15/64th choke.

Production Testing of Eberhardt Well. The current focus of production testing in the Eberhardt well is on the shallowest of the formations - the Chase formation. The stated flows are from the six zones perforated in the Chase between elevations of 1964 and 2155 feet. Statesman plans to ...

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