CCM Research Issues Update Report on Oracle Energy Corp.
May 30 2008 - 2:16PM
Marketwired
TORONTO, ONTARIO (PINK SHEETS: OECPF) is an international
company engaged in the development and exploration of oil and gas.
Oracle has an 18.75% interest in 640 acres of Zapata County, Texas.
The Company also has a 20% interest in 6 previously producing oil
and gas concessions in Romania. New project acquisitions are also
actively being pursued and evaluated in Honduras, Central America
and elsewhere.
In the report the analyst states, "A successful, commercially
viable energy find on any of its properties (several of which have
ongoing activity and are expected to begin active drilling
operations in the near term) would likely result in a substantial
increase in share price and a return on investment significantly
greater than general market indices."
The analyst continues, "Oracle Energy has several funded
projects that have the potential for generating revenue within the
next 60-90 days."
Regarding reserves, the analyst notes: "Both of Oracle's
upcoming drilling projects have had some previous drilling activity
with either an indication of oil or natural gas or actual
production."
A free copy of the report can be found at:
http://www.baystreet.ca/articles/research_reports/ccm_research/OCL_Update%20Report_May%2030%2C%202008.pdf
CCM Research is a division of Cronus Capital Markets, Inc.
Cronus Capital Markets, Inc., through its CCM Corporate Advisory
division, entered into a one year $40,000.00 contract with the
Company to assist it with the creation and execution of
information-based strategies to overcome market inefficiencies that
are commonplace for the vast majority of public companies,
including: share illiquidity, lack of credibility, and stagnant
market capitalization.
Cronus Capital Markets� (CCM) is a leading capital market
services firm providing services to investors, institutions,
exchanges, and public companies. CCM's equity research, indexes,
and ETFs receive international attention and represent important
new sectors of growth.
CRONUS CAPITAL MARKETS, INC. IS THE SOLE SOURCE OF THIS PRESS
RELEASE
The TSX Venture Exchange has neither approved nor disapproved
the contents of the press release.
Contacts: Cronus Capital Markets Peter Soni Chief Information
Officer (416) 368-3700 ext 225 Email:
Peter@cronuscapitalmarkets.com
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