Oracle Energy Corp.
TSX VENTURE : OCL
PINK SHEETS : OECPF

Oracle Energy Corp.

February 21, 2008 11:54 ET

CCM Liquidity Report: Oracle Energy Corp. (OCL:TSX-V) (OECPF:PK)

TORONTO, ONTARIO--(Marketwire - Feb. 21, 2008) - Oracle Energy Corp. (TSX VENTURE:OCL)(PINK SHEETS:OECPF) -



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CRITERIA 13-Jul-07 20-Feb-08 RESULTS
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50 DAY AVG. VOLUME 92,800 86,800 -6%
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50 DAY AVG. VALUE $ 23,942.00 $ 11,700.00 -51%
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50 DAY AVG. DAILY TRADES 14 12 -14%
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50 DAY AVG. DAILY TRADE VALUE $1,710.00 $ 975.00 -43%
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In the most recent Research Note dated February 4, 2008, the analyst stated:

"The temporary halt in drilling operations at the Jonnell Zamora #1 well did create some uncertainty regarding Oracle Energy's Texas drilling operation with the primary factor being an uncertain timetable for the restart of drilling efforts. This uncertainty has now been eliminated with Oracle Energy's announcement that drilling operations will be restarted in February 2008."

"It is our belief that the market over-reacted to the news of the temporary halt in activity on the Zapata County lease property. The halt was a result of operational issues with the original well casing that have now been eliminated with the startup of a completely new well and did not indicate that the well site or the Texas lease as a whole lacked commercial potential."

"It should also be noted that Oracle has additional properties in their portfolio with proven or probable reserves including their partnership interest in Romania, which is currently under development."

Reports on Oracle Energy Corp. can be found at:

www.ccmopportunitybase.com/company.asp?company=101

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The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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