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CCM Research Issues Research Note on Oracle Energy Corp.

Posted on: Tuesday, 5 February 2008, 18:00 CST

CCM Research analyst, Walt Spaude, CFA has written a research note on Oracle Energy Corp. (TSX VENTURE: OCL)(PINK SHEETS: OECPF)(FRANKFURT: O2E) regarding recent developments in the company's Zapata County, Texas drilling operations and its Honduras acquisition activities.

Oracle Energy Corp. is an international company engaged in the development and exploration of oil and gas. Oracle has an 18.75% interest in 640 acres, 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, "Oracle Energy has partnered with an experienced project operator. The initiation of drilling operations on the new well could result in drilling being completed as early as late April 2008 with potential revenue generation beginning sometime in Q2 2008."

The analyst continues, "Oracle Energy, through a subsidiary, Oracle Energy Honduras SA, has established an office staffed with full time company representatives, in Honduras....studies indicate potentially significant oil and gas deposits located at reasonable drilling depths."

A free copy of the report can be found at: www.ccmopportunitybase.com

CCM Research subscribes to the "Standards for Independent Research Providers" and the principles contained in the Analyst/Corporate Issuer Guidelines jointly promulgated by the CFA Institute and the National Investor Relations Institute, described at: http://www.cfainstitute.org and http://www.niri.org.

CCM Research, is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Consulting 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; such as share illiquidity and stagnant market capitalization.

Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.

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 Website: www.ccmopportunitybase.com

SOURCE: Oracle Energy Corp.


Source: MARKET WIRE

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