SOURCE: IO Circuit

September 20, 2006 06:30 ET

GrowthStockResearch.com Features (OTC BB: RENG)

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit.

LAKE HARMONY, PA -- (MARKET WIRE) -- September 20, 2006 -- Radial Energy Inc. (OTCBB: RENG) (the "Company") announced it has approved the Authorization for Expenditure ("AFE") to commence drilling of the Campbell #1 well which will test the NW Jacksonville prospect for natural gas. The well is located in northern Cherokee County, Texas, and is scheduled to commence drilling in approximately 2 weeks at an estimated cost of $103,650 to Radial Energy based on the Company's 30% working interest in the prospect before payout, which will revert to a 22.5% working interest after payout of invested funds.

To read the complete release, go to http://biz.yahoo.com/iw/060918/0163840.html

For more information on RENG, go to www.growthstockresearch.com

Other active stocks are Quanta Capital Holdings Ltd. (NASDAQ: QNTA), FortuNet, Inc. (NASDAQ: FNET) and Eclipsys Corporation (NASDAQ: ECLP).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $500.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.

Contact Information