Montana Exploration Corp. announced that the company expects to spud the first well in its previously announced five well Shaunavon drilling program on October 22. The program will target five out of 27 Shaunavon prospects identified on 3D seismic on lands held by MTZ and lands under option with a large Montana based utility. MTZ has engaged Capstar Drilling, which has previously drilled wells for MTZ and has an experienced crew in the area. Drilling time for each well is expected to be 8 to 10 days based upon a projected well depth of approximately 4,200 feet and time to move the rig.