Oracle Energy Corp.

Oracle Energy Corp.

March 04, 2008 12:53 ET

CCM Research Issues Technical Research Report on Oracle Energy Corp.

TORONTO, ONTARIO--(Marketwire - March 4, 2008) - CCM Research Chief Technical Analyst, Jason Suttmeier, has written a technical research report on Oracle Energy Corp.

Oracle Energy Corp. (TSX VENTURE:OCL) (PINK SHEETS:OECPF) (FRANKFURT:02E) is an international company engaged in the development and exploration of oil and gas. Oracle has an 18.75% interest in 640 acres of Zapata County, Texas. The Company also has a 20% interest in 6 previously producing oil and gas concessions in Romania. New project acquisitions are also actively being pursued and evaluated in Honduras, Central America and elsewhere.

In the report the analyst states:

"The weekly cycle will shift back to positive on a weekly close above the 5- week modified moving average at 0.152, which would shift the focus to the 200- weekly moving average, which provides additional resistance at 0.288."

"Monthly support is at 0.087 with semiannual / quarterly resistances at 0.249 / 0.290."

A free copy of the report can be found at

CCM Research, a division of Cronus Capital Markets, Inc., subscribes to the "Standards for Independent Research Providers" and the principles contained in the Analyst/Corporate Issuer Guidelines jointly promulgated by the CFA Institute and the National Investor Relations Institute, described at: and

Cronus Capital Markets, Inc., through its CCM Consulting division, entered into a one year $40,000.00 contract with the company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies including share illiquidity and stagnant market capitalization.

Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.

SOURCE: Cronus Capital Markets

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

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