SOURCE: OTC Report

June 23, 2005 09:12 ET

Emerson Oil and Gas, Inc. Taking Advantage of Current Oil and Gas Demand, 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 23, 2005 -- The OTC Report recommends Emerson Oil and Gas, Inc. (OTC: EOGI), which announced that it has been informed by the operator that the contracted drill rig has been mobilized to the Acadia project in Alberta.

The Company has a 51% working interest in the Acadia Project located in South-Eastern Alberta and also maintains a carried working interest of 12.5% before payout and a 18.75% working interest after payout in both the W.T. Davis and the Rinsland Estate No. 1 well in Bossier Parish, Louisiana.

For more information visit http://www.vlcn.com/eogi62305.htm.

Other active stocks are WSI Industries Inc (NASDAQ: WSCI), Momenta Pharmaceuticals Inc (NASDAQ: MNTA) and XOMA Ltd (NASDAQ: XOMA).

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