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Bellamont Exploration Ltd

09:56 AM EST - Bellamont Exploration Ltd : provided a summary of its financial and operating results for the three months ended June 30. During the second quarter, Bellamont achieved the following: Increased average production to 2,515 Boe/d (37% oil and natural gas liquids), an increase of 45% from the first quarter of 2010 and 190% from the same period in 2009 and in excess of guidance of 2400 boe/d; Increased funds generated from operations of $4.03 million, a 923% increase from the same period in 2009; Generated cash flow per basic and diluted share of $0.03, an increase of 271% from the same period in 2009. Bellamont Exploration Ltd shares V.BMX.A are trading even at $0.48.