Monogram Energy, Inc. Announces New Drilling Program for 2009

• Press Release
• Source: Monogram Energy, Inc.
• On 11:22 am EST, Tuesday January 6, 2009

RICHMOND, TX--(MARKET WIRE)--Jan 6, 2009 -- Monogram Energy, Inc. (Other OTC:MGRN.PK - News) announced today that the Company plans to work over 3 wells on the T.W. Martin lease in Corsicana, Texas. Additionally, Monogram plans to partner with a private company to drill a well in the Austin-Chalk formation. This well is expected to be approximately 2500 feet deep. The workovers are expected to begin as soon as weather permits.

Related Quotes

Symbol	Price	Change
MGRN.PK	0.00	0.00

{"s" : "mgrn.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "We are anxious to begin our 2009 oil activities, and we are especially excited about the prospects for the new well. Over the coming months, our shareholders can expect an aggressive roll out of several new projects as we come into the new year with the fruits of our labor from 2008 taking its course."

About Monogram Energy, Inc.

Monogram Energy, Inc. is an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties. The Company specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Additionally, this release may not be considered as legal, accounting, or investment advice, and is not, and may not be considered, a solicitation for the purchase of any securities issued by Monogram Energy, Inc.

     Contact:
     Monogram Energy, Inc.
     Billy D. King
     3320 FM 359
     Richmond, TX 77469
     Phone: (281) 341-5255
     Fax: (281) 341-1171
     Email: info@monogramenergy.com
     Website: http://www.monogramenergy.com
      
     Corporate Communications Firm:
     Greenstreet Capital Partners, Inc.
     116 Orange Avenue
     Orlando, Fl  32819
     Phone: (407) 422-7900
     Fax: (407) 422-7902