June 28, 2005 08:26 ET

Emerson Oil and Gas, Inc. Completes Drilling and Hole Casing on Acadia Project, Announces The OTC Report

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The OTC Report.

LAKE HARMONY, PA -- (MARKET WIRE) -- June 28, 2005 -- The OTC Report recommends Emerson Oil and Gas, Inc., (OTC: EOGI), a Nevada corporation, which has been informed by the operator that the well has been completed and drilled and cased to a total depth of 992 metres. This is the main multi-zone hole on the Acadia project in Alberta. The Acadia project is a natural gas well with oil potential and an estimated I.P.R. (initial production rates) of 2,000 mcf/day each (two million cubic feet per day). This translates into a potential asset valuation of $11,000,000 per mcf/day production.

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Other active stocks are WPCS INTL INC (NASDAQ: WPCS), Cubist Pharmaceuticals Inc (NASDAQ: CBST) and Lionbridge Technologies Inc (NASDAQ: LIOX).

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