PMDP Plateau Mineral Development Inc (CE)

Plateau Mineral Development, Inc. (Pink Sheets:PMDP) issued a statement today detailing the acquisition of additional oil and gas producing properties from Matthews Energy Investments (MEI).

Plateau Mineral Development, Inc. obtained rights to the properties via the impending acquisition of MEI. Last month, Plateau signed a letter of intent to acquire Matthews Energy Investments, LLC (MEI). MEI is a development management company that receives income from successful projects. Three current sources of income for MEI are from oil and gas projects in Kentucky, Oklahoma and Michigan; all of which have a positive cash flow. The acquisition of MEI is expected to be complete within the next several days.

Each of the properties are located in areas where the basin is thriving and productive.

Robert Matthews of Plateau Mineral Development, Inc., states, "Our main objective in acquiring the aforementioned properties is to glean a steady oil and gas income, and to enhance the continued viability of the company. We are doing all we can to prudently enhance PMDP's income figures."

About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.

Forward Looking Statements: This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.

CONTACT: Plateau Mineral Development, Inc.

410-242-0763