SOURCE: Stock Market Alerts

May 29, 2008 09:50 ET

Breaking Stock Alert for Thursday: TORO! May 29, 2008

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - May 29, 2008) - Stock Market Alerts' performance stock list includes: Toro Ventures, Inc. (OTCBB: TORO), Chesapeake Energy Corporation (NYSE: CHK), Halliburton (NYSE: HAL), Yingli Green Energy Holding Company Limited (NYSE: YGE).

There is more important news coming from Toro Ventures, Inc. (OTCBB: TORO), and the company should have investors monitoring the stock this morning. Yesterday after the markets closed, the company issued a press release announcing that it has been informed by Nitro Petroleum, Inc., the operator of the Crown Lease and the Quinlan #3 Lease, that Jerry Scott Drilling has commenced drilling of the Quinlan #3 Oil and Gas Lease.

This news should be welcomed by investors, as the press release states: "As of Wednesday, drilling is right on schedule and we have passed through 4000 ft. We estimate that it will only take an additional 3 days to complete the drilling of the Quinlan #3." Toro is providing new up to date photos of the producing Crown Oil and Gas Lease and photos of the drilling on the Quinlan #3 Lease. Please visit and go to the investor relations section for photos. Toro has spent $250,000 USD on the Crown Lease and is in production.

The Quinlan Lease is located in the Hunton Limestone formation and this is considered to be one of the best producing formations in Oklahoma. The region has produced in excess of 5.8 million barrels of Oil to date, with value of over $626 Million USD.

Nitro Petroleum, Inc., operator of the Crown Leases, has stated they are "extremely excited to be working with Toro. We are very eager to complete this larger project with Toro, the drilling of the Quinlan #3 well. The Quinlan Leases have a potential for offsets in a proven developed field. Initial production numbers from the Quinlan #1 were 334 barrels of oil a day and the #2 initial production was 298 barrels of oil per day so we are all excited to be moving onto this very productive lease."

Frederick Graham, President and CEO of Toro, stated that, "Toro has invested over $500,000 this year towards becoming a producing oil and gas company. The timeframe with which Toro has been able to go from an exploration-based company to now a producing company demonstrates the Company's ability to meet project milestones."

Toro will also be continuing to give more details on the Crown Lease as soon as possible. The Crown #1 well had not been perforated in the Hunton Lime Zone. Nitro Petroleum, Inc. elected to perforate the top 5 feet of the Hunton Zone. Nitro was successful in the perforation and expects this to increase production on the Crown #1. The Hunton Lime Zone and the First Wilcox formations have produced over 5.8 million barrels of oil.

Prior to the latest press release, the stock closed Wednesday at $1.98 a share.

For Stock Market Alerts' in-depth profile of Toro Ventures, visit

Other Stocks of interest yesterday were:

Chesapeake Energy Corporation (NYSE: CHK) up 1.3% on 15.6 million shares traded. Chesapeake Energy Corporation is the third-largest producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Fort Worth Barnett Shale, Fayetteville Shale, Haynesville Shale, Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the United States.

Halliburton (NYSE: HAL) up 1.6% on 11 million shares traded. Halliburton is one of the world's largest providers of products and services to the energy industry. With more than 50,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir -- from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.

Yingli Green Energy Holding Company Limited (NYSE: YGE) up 5.9% on 8.9 million shares traded. Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Toro Ventures, Inc. (OTCBB: TORO). Currently, the compensation is twenty thousand dollars (ten thousand dollars for current services and ten thousand dollars for previous services) from third party, Sugarlump Holdings LLC., who is non-affiliated and may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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