SOURCE: Stock Market Alerts

October 05, 2007 09:10 ET

Friday Morning Stock Watch: PLTG! October 5, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Stock Market Alerts.

MIAMI, FL--(Marketwire - October 5, 2007) - Stock Market Alerts' performance stock list includes: Platina Energy Group, Inc. (OTCBB: PLTG), New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), AAA Energy Inc. (OTCBB: AAAE), Halliburton (NYSE: HAL).

Platina Energy Group, Inc. (OTCBB: PLTG) should have investors watching this company closely. Thursday, the company, a fast growing E & P Company, issued a press release announcing that the first well for Platina's wholly owned subsidiary, Appalachian Energy, hit total depth and has had good evidence of natural gas to the surface as forecasted according to Steve Eversole, President of Appalachian Energy.

Great news for PLTG investors! Steve commented, "As we approached Total Depth, we encountered a very hard cherty formation which created a challenge in the last part of drilling but we were able to successfully penetrate the strata and reach TD as planned. We are evaluating the best method for economic completion of the well. During our last phase of drilling, natural gas was evident and natural gas continues to come to the surface from the uncompleted well. This is very exciting, considering the fact that wells in this formation typically do not have this amount of gas to the surface prior to completion."

The Company is considering a combination of a hydrojet/nitrogen frac completion at this time. Third party experts are being consulted to ascertain the optimal completion technique and scheduling. According to Blair Merriam, President and CEO of Platina, "We are on time and on budget but we want to exercise caution in the completion process so that we do not damage the formation and thus optimize well productivity.

This is certainly another company for investors to watch closely! According to the press release, since its organization in 2005, it has successfully acquired proven producing and proven non-producing reserves estimated to be worth in excess of $300,000,000.00 according to third party reports. The Company owns rights to German inspired, oil extraction technology currently in the R & D phase. Additionally, the Company owns exploratory lease acreage in the Palo Duro Basin for which a portion is currently being evaluated.

Before the news was released, the stock closed Thursday at Nineteen a share.

Other Stocks of interest yesterday were:

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC) up 6.9% on 1.7 million shares traded. New Oriental Energy & Chemical Corp. is an emerging alternative fuel and specialty chemical manufacturer based in Henan Province, China. The Company is focused on the production of Dimethyl ether (DME), Methanol and fertilizer products. The Company sells its products primarily through a network of distribution partners.

AAA Energy Inc. (OTCBB: AAAE) up 3.6% on 612,000 shares traded. AAA Energy Inc. is a publicly traded mineral and natural resource exploration company with its head office located in Reno, Nevada. AAA Energy Inc. aims to secure and develop a portfolio of high quality resource properties globally and in under-explored resource horizons. On Oct. 4th, the company was pleased to announce that Mr. Siu Man Kwan, our key China adviser, has recently completed on the Company's behalf a preliminary prospecting trip to China with a view to help expand the Company's moly portfolio to include producing as well as "brownfields" exploration prospects in that country.

Halliburton (NYSE: HAL) up 0.9% on 9.4 million shares traded. Halliburton is one of the world's largest providers of products and services to the energy industry. With nearly 50,000 employees in approximately 70 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir -- from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Platina Energy Group, Inc. (OTCBB: PLTG). The compensation is two hundred and seventy five thousand shares from third party, First Advisory LLC.., who is non-affiliated and may hold a significant position in the stock. The company has not sold any of those shares. The company may receive additional shares for extension of its services, and any additional shares will be disclosed at such time that the company is aware of a clients desire to extend the original services. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent. The company may have received shares of a company profiled in this release prior to the dissemination of the information in this release. The company may immediately sell some or any shares in a profiled company held by the company and may have previously sold shares in a profiled company held by the company. The company's services for a company may cause the company's stock price to increase, in which event the company would make a profit when it sells its stock in a company. In addition, the company's selling of a company's stock may have a negative effect on the market price of the stock.

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