SOURCE: IO News Wire

IO News Wire

April 26, 2010 09:20 ET

TheCapitalReport.com Initiates Coverage on (OTCBB: GRPR) Grid Petroleum Corp.

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

NEW YORK, NY--(Marketwire - April 26, 2010) -  Grid Petroleum Corp. (OTCBB: GRPR) an oil & gas exploration company with offices in Denver, CO is driving a chorus of analysts, clean energy advocates and Washington insiders toward adopting policies that would make natural gas our top energy source.

Grid Petroleum Corporation is a newly-formed independent gas and oil exploration company focused on the acquisition and development of hydrocarbon property leases in North America; its current preliminary focus is in Sublette Co., WY, the home of the Jonah Field. The Company reported that it recently acquired a 100% working interest in four such properties, and believes that (based on several factors) these properties will be rich in economically-extractable natural gas.

Grid Petroleum is an oil & gas exploration company with offices in Denver, CO, and its global head office in London, England.

TheCapitalReport.com is an online financial destination where money managers, analysts, and individual investors can converge to discover new and exciting investment news, opportunities, and ideas. TheCapitalReport.com is focused on finding emerging growth companies that do not necessarily have widespread analyst coverage on Wall Street.

Other active stocks are Strategic American Oil Corp (PINKSHEETS: SGCA) Exxon Mobil Corp (NYSE: XOM) and ConocoPhillips (NYSE: COP)

Please visit www.TheCapitalReport.com for a GRPR profile and other "Stocks to Watch."

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