eResearch

eResearch

August 21, 2007 11:08 ET

eResearch Initiates Coverage on Stealth Ventures Ltd.

TORONTO, ONTARIO--(Marketwire - Aug. 21, 2007) - eResearch analysts, Ross Deep, B.A. (Economics), MBA, and Bob Weir, B.Sc., B.Comm., CFA have written an Initiating Report on Stealth Ventures Ltd. (TSX VENTURE:SLV). Stealth Ventures Ltd. (the "Company") is a junior oil and gas exploration and development company focused on "unconventional" gas reserves including shale gas and tight gas reservoirs in Alberta and Saskatchewan, and coal-bed methane in Nova Scotia.

The report's Highlights state the following:

- Primarily focused on exploration of "unconventional" gas properties and beginning development of Alberta shale gas properties.

- Unconventional gas a growing resource throughout North America

- Various operating and non-operating working interests in large contiguous and semi-contiguous tracts of land

- Seeking higher working interests rather than joint-venturing projects

- Company well capitalized for its aggressive 2007 drilling program

- Technological knowledge, experience, and expertise

- Coal-bed methane projects have vast potential but currently encountering technical challenges

- Challenge: achieving greater investor awareness and higher trading volumes

eResearch was paid a fee by D&D Securities Company to write this report and provide Annual Continuous Coverage on the Company. All of the opinions expressed in this report, including the selection of the 12-month Target Price and the Recommendation for the Company's shares, are strictly those of eResearch, and are free from any influence or interference from any person or persons at D&D Securities Company, or Stealth Ventures Ltd.

This Press Release was prepared by eResearch and was not vetted by Stealth Ventures Ltd. or D&D Securities Company. Further, the Recommendation and Target Price contained in this report are strictly those of eResearch and, due to securities laws, are not endorsed by Stealth Ventures Ltd.

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies.

Website: www.eresearch.ca (to subscribe/download the report).

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