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SOIS Striker Oil and Gas Inc (CE)

0.000001
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Striker Oil and Gas Inc (CE) USOTC:SOIS OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Wall Street News Alert: Stocks in Focus for Wednesday! September 17, 2008

17/09/2008 1:38pm

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Striker Oil and Gas (CE) (USOTC:SOIS)
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Wall Street News Alert's "stocks to watch" this morning are: Striker Oil & Gas, Inc. (OTCBB: SOIS), Exxon Mobil Corporation (NYSE: XOM), JA Solar Holdings Co., Ltd. (NASDAQ: JASO) and First Solar, Inc. (NASDAQ: FSLR).

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Having previously announced a 126% increase in revenue for its Second Quarter ended June 30, 2008 compared to the same period in 2007, Striker Oil & Gas, Inc. (OTCBB: SOIS) should have investors watching the stock closely. Yesterday after the markets closed, the company, an upstream U.S. oil and gas company, issued a press release announcing that it has increased its acreage position to 9,000 gross acres in its Catfish Creek Prospect located in East Texas.

Great news for the company! Striker has drilled two wells on this prospect and expects to begin gas production pending the installation of its gas pipeline that is scheduled to be completed in the 4th quarter of 2008. In addition, Striker is scheduled to begin drilling the first of three wells in October and anticipates having all three drilled by the end of the year. These additional three wells will be drilled to test the Pettit and Rodessa formations which are found in our initial two successful wells. Striker has a 33% working interest before payout and a 25% working interest after payout to depths of 14,800' of this prospect.

"We are pleased to have increased our acreage position in Catfish Creek and look forward to having the pipeline and the three additional wells completed by the end of the year," said Kevan Casey, Chief Executive Officer of Striker. "These wells, if successful, will significantly add to our production and reserves and should greatly increase our shareholder value."

SOIS closed Tuesday at Twenty-Two cents a share.

For an in-depth profile of Striker Oil & Gas, visit http://www.WallStreetNewsAlert.com/HotStocks/SOIS091608/default.aspx.

In case you are not familiar with the company: Striker Oil & Gas, Inc. is engaged in the search for and sale of oil and gas reserves through both exploratory drilling and the acquisition of producing properties. Striker's objective is to cost efficiently develop these properties and market the oil and gas production at the wellhead. Striker is strategically focused along the Texas Gulf Coast, East Texas and South Louisiana in areas of developed infrastructure and established markets.

Exxon Mobil Corporation (NYSE: XOM) up 4.3% on 42.5 million shares traded.

Exxon Mobil Corporation is a leading international energy company whose subsidiaries have operations in most of the world's countries. In the United States, ExxonMobil has significant exploration and production, refining and marketing and chemicals operations. ExxonMobil is one of the largest oil and gas producers and reserves holders in the United States, with a portfolio including Alaska, onshore Gulf Coast and deepwater Gulf of Mexico.

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) up 9% on 10.8 million shares traded.

JA Solar Holdings Co., Ltd. is an emerging and fast-growing manufacturer of high-performance solar cells. The Company sells its products to solar module manufacturers who assemble and integrate its solar cells into modules and systems that convert sunlight into electricity.

First Solar, Inc. (NASDAQ: FSLR) up 5.7% on 3.5 million shares traded.

First Solar, Inc. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs.

Market Commentary:

"Oil prices extended their steep losses Tuesday as a worsening economy suggested U.S. energy demand will be hampered despite crude's return to year-ago levels," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF also maintains a contractual, working relationship with Stock Market Alerts LLC and its Wall Street Enews brand. WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.

This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. WSCF has been currently compensated Fifty Two Thousand Dollars (Nine Thousand Dollars for current services and Forty Three Thousand Dollars for previous services) for coverage of Striker Oil & Gas, Inc. (formerly Unicorp Inc.) (OTCBB: SOIS), by the company, for services provided including dissemination of company information in this release. WSCF was also previously compensated for services rendered in 2006 & 2007; the previous compensation can be viewed by looking at a previous WSNA, UCPI press release. WSCF holds no shares of the stock. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a client's desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and WSCF undertakes no obligation to update such statements.

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