Gastem Inc
			Symbol			GMR
			Shares Issued			61,043,832
			Close 2009-10-23			C$ 0.66
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Gastem reveals GSC assessment of Maritimes basin

2009-10-26 10:35 ET - News Release

Mr. Raymond Savoie reports

GASTEM/MAGDALEN BASIN: GSC ASSESSMENT REPORT

Gastem Inc. has learned the Geological Survey of Canada has released a study entitled Petroleum Resource Assessment, Paleozoic Successions of the St. Lawrence Platform and Appalachians of Eastern Canada (Open File 6174) by D. Lavoie, N. Pinet, J. Dietrich, P. Hanigan, S. Castonguay, A.P. Hamblin and P. Giles.

The study discusses the Maritimes basin, which consists of three basins: the Sydney, the St. Anthony and the Magdalen. Of the comments by the GSC on the Maritimes basin and the Magdalen basin (Upper Carboniferous sequence) and specifically, the northeastern salt basin coincident to the Magdalen basin, Gastem Inc. draws attention to the following.

The report states that (page 162): "... In terms of total petroleum resource potential, the Upper Carboniferous play is considered the most prospective of the three Maritimes basin plays. This reflects the combination of a large play area, large numbers and sizes of prospects, and thick and widespread source rocks in the Upper Carboniferous."

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