C. K. Cooper & Company Publishes Research Report Initiating Coverage on Whittier Energy Corp.

IRVINE, Calif., May 16  /PRNewswire/ -- C. K. Cooper & Company published a 14-page research report on Whittier Energy Corp. (NASDAQ:WHIT) detailing their 2006 strategy to continue increasing cash flow and daily production.

Brian J. Samuels, Associate Director of Research, commented, "As we state time and time again, the fundamentals that create true value are reserve and daily production growth. Following that thought, the companies that stand to benefit the most from the current strength in commodity prices are not the ones with just great assets, they are the ones that continue to increase cash flow year-over-year via making calculated decisions in a marketplace that is anything but docile.  Whittier Energy Corp. is one of these companies.  We believe that Whittier will continue to walk the same path they began, methodically growing the Company in every material respect, only with a more confident swagger."

  Whittier Energy Corp. closed Monday at $7.51 per share.

  For more information, please contact:

  C. K. Cooper & Company                 Telephone: [phone]
  18300 Von Karman Avenue, Suite 700     Facsimile: [phone]
  Irvine, California 92612               E-Mail: 



C. K. Cooper & Company is an investment-banking boutique that specializes in the energy sector with an emphasis on exploration and production companies.

Additional information on the securities mentioned in this report is available upon request.  This report is based on data obtained from a source we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete.  Because of individual client objectives, this report should not be construed as advice designed to meet the particular investment needs of any investor.  Any opinions expressed herein are subject to change.

This report is not to be construed as an offer or the solicitation of an offer to buy or sell the securities herein mentioned.  From time to time, this firm, its affiliated entities and/or their respective directors, officers, employees or members of their immediate families may have long or short positions in the securities mentioned in this report.  These securities may be sold to or purchased from customers or otherwise by this firm, its affiliated entities, and/or its directors, officers, employees or members of their immediate families, as principle or agent.

C. K. Cooper & Company is a member of the National Association of Securities Dealers, CRD number 106578. 

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