SOURCE: Wall Street News Alert

November 03, 2005 09:46 ET

Hot Stock Alert: Emerging Public Company Signs Definitive Agreement to Acquire Two Oil Leases! November 3, 2005

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- November 3, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Greater Sooner Exploration, Inc. (OTC: GSNH), Toll Brothers, Inc. (NYSE: TOL), AMR Corporation (NYSE: AMR) and General Electric Company (NYSE: GE).

Speculators and day traders may be watching Greater Sooner Exploration, Inc. (OTC: GSNH) this morning! Yesterday after the stock markets closed, the company issued a press release announcing that it has signed a Definitive Agreement to acquire two oil leases in Carter County, Oklahoma.

The company's intended acquisition may be good news for investors, as the press release states that the leases, The Creel and The Koski, consist of 35 acres of proven oil reserves and four wells. Greater Sooner will perform minor maintenance, update some equipment and begin production of oil within 30 days. In addition, the Company will explore opportunities for offset wells at these locations.

Watch this company! According to the press release, upon commencement of pumping, Greater Sooner estimates these leases will generate approximately 300 to 400 barrels per month, which does not include the offset wells. "Greater Sooner is excited to reach this agreement for our initial production wells," stated Paul Kinsey, CEO. "As we move forward with our business plan of acquiring valuable oil & gas properties, we will be announcing additional agreements as they are completed."

Investors should continue to monitor the progress of Greater Sooner Exploration for further developments!

For updated in-depth coverage and a company profile of Greater Sooner Exploration, visit

Prior to the press release, the stock closed yesterday at Twenty-Five cents a share.

In case you are not familiar with the company: Greater Sooner Exploration, Inc. a crude oil and natural gas exploration and production company with operations in Healdton, Oklahoma. The Company's model is to combine existing operating wells with shut-in wells with proven reserves. In addition, the Company intends to drill new offset wells of existing producing wells to maximize revenue for each location. With this three-tiered approach, management will realize cash flow with the upside potential for additional producing wells coming online after the wells are reworked.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Toll Brothers, Inc. (NYSE: TOL) up 7.8% on 6.6 million shares traded, AMR Corporation (NYSE: AMR) up 6.5% on 8.7 million shares traded and General Electric Company (NYSE: GE) up 0.6% on 23.1 million shares traded.


"The price of oil remained stable as crude supplies rose slightly in a report from the Commerce Department. Nationwide the average price of regular gasoline dropped to $2.48 this week from a record high of $3.08 on Labor Day weekend. However, many states such as Florida and California are still reporting prices over the $2.75 per gallon price tag," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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