CCM Liquidity Report: Oracle Energy Corp. (TSX VENTURE: OCL) (PINK SHEETS: OECPF)

TORONTO, ONTARIO (PINK SHEETS: OECPF) -

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CRITERIA                           21-May-08
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MKT CAP (millions)              $        7.7
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50 DAY AVG. VOLUME                   106,000
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50 DAY AVG. VALUE               $  16,610.00
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50 DAY AVG. DAILY TRADES                  12
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50 DAY AVG. DAILY TRADE VALUE   $   1,384.00
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% OF FLOAT TRADED                      0.22%
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In the most recent Technical Research Report dated, May 13, 2008, the analyst stated:

"Oracle Energy Corp. (OCL) is currently trading above the key 5- weekly modified moving average at 0.165."

"My model shows weekly support at 0.162 with annual resistances at 0.216 / 0.249. Monthly support is 0.071."

"The 200- week moving averages provide additional resistance at 0.292. The 50- week moving average provides nearby support at 0.175."

In the most recent Research Note, dated April 28, 2008, the analyst stated:

"Oracle Energy (OCL.V) has announced that it has been notified by the majority interest project operator, Ventum Oil & Gas LLC, that drilling operations on the J. Vela #1 well began on April 15, 2008. This announcement should be considered very positive news since the Texas drilling operation is a significant near-term share price determinant. Given that preliminary drilling results should be available sometime in May, favorable results should have a positive impact on near-term share price."

The Liquidity Report can be found at:

http://www.baystreet.ca/articles/research_reports/ccm_research/OCL_Liquidity%20Report_May%2022%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 [phone] ext 225 Email: [e-mail]