SISM Research Note on Tamm Oil & Gas

According to SISM: Tamm Oil Adds 138,000 Net Acres to its Heavy Oil Portfolio
and Becomes One of the Major Players in the Heavy Oil Development Area of Peace
River -- Tamm`s Manning Prospect is Worth $10.40 Per Share Prior to the New
Acquisition
NEW YORK--(Business Wire)--
(Investrend Research Syndicate) Ernest C. Schlotter, a senior analyst with SISM
Research and a four star analyst according to StarMine, has released a research
note for Tamm Oil and Gas (OTCBB: TAMO), dated June 30, 2009, focusing on heavy
oil developments in Peace River, Alberta.

The research note is available at the Investrend web site
(http://www.investrend.com/articles/article.asp?analystId=0&id=56&topicId=19&level=19),
and complimentary copy of SISM`s most recent update report on Tamm Oil & Gas,
dated June 5, 2009, is available for download via the Investrend Syndications
website (http://www.investrendsyndications.net/resources/sism%20research/).

Both today`s research note and the recent update report include important
disclosures, disclaimers and analyst qualifications, Investors are strongly
advised to read disclosures carefully before trading in the equities of any
publicly traded company.

According to the research note:

"Tamm Oil is aggressively acquiring heavy oil leaseholds in the Peace River
area. Currently, Tamm controls more than 30,000 acres of land in the Manning
area, and based on a Chapman Petroleum Engineering report and adjusted by SISM
Research, the total calculated heavy oil-in-place is 3,158,871,600 bbls. This
number has to be confirmed by an independent engineering firm. Early this week,
Tamm announced it had entered into a farm-in agreement to acquire a 100% Working
Interest in heavy oil rights on 138,000 net acres of land in the Peace River
area. With the new acquisition, Tamm will increase its leaseholds to 168,000
acres and this will make the Company one of the major players in the heavy oil
area in Alberta. The new lands have prospective heavy oil targets in the Lower
Cretaceous Bluesky and Wabasca sands, which have substantial heavy oil
production in nearby areas, Many of the largest oil companies in Canada have
regional developments adjacent to these lands including PennWest, Husky, Shell,
and Bronco Energy. The northern Alberta region is well known for its prolific
oil and gas production. The remarkable Red Earth oilfield, which was discovered
in 1956 has produced more than 6,000 oil and/or gas wells in the region.
Significant heavy oil land sales occurred in 2008 adjacent to Tamm`s new
prospects. High oil production occurs mainly within the boundaries of the Peace
River Arch, which is close to Tamm`s prospects.

"During the last two years, Tamm Oil created a very significant amount of value
by acquiring substantial heavy oil resources in Peace River Area," said Ernest
Schlotter. He continued; "We have not given any value to the new acquisition to
demonstrate our conservative approach, and we believe even this fact is not yet
recognized in the share price". Currently, the Company is valued at half of its
landhold, which should be worth $121.0 million or $1.51 per share. The current
EV ratio on 3.15 billion barrels of heavy oil originally-in-place is only
$0.021, and on estimated recoverable resources $0.061. Further, established and
developed oil sands companies are trading at an EV ratio of $1.0. Resources
locked in carbonate rock like Tamm`s are more analogous to oil shale for which
there is a substantial discount relative to oil sands resources. Therefore, an
EV ratio for Tamm of $0.75 is appropriate. We have been using three different
metrics to assess the value of Tamm Oil, which includes a pre-production
assessment on 3.15 billion OOIP at $0.10 per barrel, a 35% recovery rate on 3.15
billions OOIP at $0.20 per barrel, and value for land based on an average of
what has already been paid for. Based on our findings, using these three
different valuation metrics, and using an EV ratio of $0.75 instead of $1.00,
and assuming a 35% recoverable rate of heavy oil, the Tamm Manning Prospect is
worth $10.40 per share without new acquisitions, which we will update on our
next report. We acknowledge that the risk profile may be more than some
investors are comfortable with, and therefore we recommend the stock be
purchased only by investors who can tolerate above average risk."

Additional information about Tamm Oil & Gas is available the company`s
Investrend InvestorPower(tm) Page
(http://www.investrend.com/company/Company.asp?id=4).

Investrend and SISM Research both advise investors to exercise a reasonable
degree of due diligence before trading in the equities of any public company,
including carefully reading entire analyst reports and report disclosures, and
then only in conjunction with advice from a registered financial advisor or
broker. Investrend and the SISM Research both further advise that any analyst
rating, recommendation, target valuation, price target or opinion should be
considered merely a portion of an investor`s total investigative process.

SISM Research is a private investment research firm, based in Zurich,
Switzerland, offering independent, fundamental research on public companies
since 1995. SISM Research publishes research on micro- to small-cap companies
trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage
platforms are geared toward institutional and individual investors in both North
America and in Europe. SISM Research, as a member-provider of the FIRST Research
Consortium, takes steps to ensure the independence and integrity of SISM`s
published research that exceed those of the CFA Institute Code of Ethics and
Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the
exacting "Standards for Independent Research Providers" (see "Link References",
below), which are also in accordance with guidance set forth by U.S. Securities
and Exchange Commission`s Advisory Committee on Smaller Public Companies (see
"Link References", below).

The Investrend Research Syndicate, a proprietary entity of Investrend
Communications, Inc., distributes reports published by sources dedicated to
unbiased, reliable analytics and complete transparency. The primary measure for
determining those sources is the "Standards for Independent Research Providers"
(see "Link References", below).

Disclosures:

Morgarten Financial Services (a "third party") has paid SISM Research a retainer
of eight thousand eight hundred and fifty US dollars to resume continuing
coverage of Tamm Oil and Gas for a two-year period, and Morgarten Financial
Services is under contract to pay SISM Research an ongoing fee of one thousand
eight hundred and fifty US dollars per month over that two-year period to ensure
continuation of SISM`s independent coverage of Tamm Oil and Gas.

SISM has paid Investrend Communications, Inc. ("Investrend") a portion of SISM's
collected fees from Morgarten Financial Services for a "distribution and
visibility" program, provided by the Investrend Research Syndicate (Div.,
Investrend) in support of SISM's Tamm Oil and Gas coverage.

"Safe Harbor" Statement:

This announcement contains forward-looking information within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), including statements regarding potential sales, the success of the
company's business, as well as statements that include the word "believe" or
similar expressions. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of Carbon Friendly Solutions, Inc. to differ
materially from those implied or expressed by such forward-looking statements.
Such factors include, among others, the risk factors included in reports filed
with the SEC under the Exchange Act. This press release speaks as of the date
first set forth above and Carbon Friendly Solutions, Inc. assumes no
responsibility to update the information included herein for events occurring
after the date hereof. Actual results could differ materially from those
anticipated due to factors such as the lack of capital, timely development of
products and services, inability to deliver products and services when promised,
inability of potential customers to pay for ordered products and services, and
political and economic risks inherent in international trade.

Cautionary Note to U.S. Investors:

The United States Securities and Exchange Commission permits oil and gas
companies, in their filings with the SEC, to disclose only proved reserves that
a company has demonstrated by actual production or conclusive formation tests to
be economically and legally producible under existing economic and operating
conditions. We use certain terms on this press release, such as prospective
resource or Original Oil in Place, that the SEC's guidelines strictly prohibit
us from including in filings with the SEC. U.S. Investors are urged to consider
closely the disclosure in our Form 10K. You can also obtain this form from the
SEC by calling 1-800-SEC-0330. Additional information may be found at the
following web site.

Disclaimer:

The OTC Bulletin Board Exchange has neither approved nor accepts responsibility
for the adequacy or accuracy of the above news release.

LINK REFERENCES (URLs):

TAMO EDGAR Filings:

http://infoescrow.net/?u=http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001374845&owner=include&count=40

SEC Guidance:

http://infoescrow.net/?u=http://www.sec.gov/info/smallbus/acspc/acspc-finalreport_d.pdf

SISM Research
Tel: +41 44-881-2020
Email: research@sism.com
Website: http://www.sism.com
or
Tamm Oil and Gas Corp.
+1 (403) 686-1000
Email: info@tammoilandgas.com
Website: http://www.tammoilandgas.com

Copyright Business Wire 2009