June 27, 2005 09:44 ET

Emerson Oil and Gas, Inc. Expects $11,000,000 Per Mcf/Day Production, Announces The OTC Report

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the OTC Report.

LAKE HARMONY, PA -- (MARKET WIRE) -- June 27, 2005 -- The OTC Report recommends Emerson Oil and Gas, Inc., (OTC: EOGI), a Nevada corporation, announces the operator has informed the Company that the main multi-zone hole has commenced drilling on the Acadia project in Alberta. Total depth is expected to reach 975 meters. The Acadia project is a natural gas well with oil potential and an estimated I.P.R. (initial production rates) of 2,000 mcf/day each (two million cubic feet per day). This translates into a potential asset valuation of $11,000,000 per mcf/day production.

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