SOURCE: Stock Market Alerts

June 06, 2007 09:35 ET

Special Alert Stock Watch: IXOG! June 6, 2007

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

MIAMI, FL--(Marketwire - June 6, 2007) - Stock Market Alerts' performance stock list includes: Index Oil and Gas Inc. (OTCBB: IXOG), Valero Energy Corporation (NYSE: VLO), Chesapeake Energy Corporation (NYSE: CHK), North West Oil Group Inc. (PINKSHEETS: NWOG).

Stock Market Alerts is initiating coverage on Index Oil and Gas Inc. (OTCBB: IXOG), as the company has issued positive news that should be of interest to investors. Bob Moriarty, President of has announced that the web site has initiated Editorial Profile Coverage of the company, a gas-biased oil and gas exploration and production company that is focused on efficiently building a broad portfolio of producing properties that it believes to have significant upside potential.

This is certainly another company for investors to watch closely! With approximately a 75% success rate in these endeavors, the company has utilized cash flow from these producing wells to fund larger projects as the company seeks to grow and expand their revenue base. Index is utilizing the cash flow from the 19 wells currently in production to expand into larger projects in the Gulf Coast region with larger shares of each project.

Great news for IXOG investors! Mr. Moriarty initiated his coverage on Index Oil and Gas following a recent evaluation of several oil and gas companies. Highly encouraging to Mr. Moriarity is Index Oil and Gas's high rate of success in production drilling in known production fields.

There was a press release issued yesterday by the company that should excite its investors. Pursuant to the Letter of Intent announced February 16, 2007, the company has contracted to participate in the Shadyside Prospect ("Shadyside") in Saint Mary Parish, Louisiana. This will be the company's largest prospect to date! Index's participation in Shadyside is in line with Index's strategy to include in its exploration portfolio potentially high impact wells that offer Index opportunities for significant upside results without exposing investors to single critical events.

The stock closed Tuesday at $1.20 a share.

To view the entire 321 Energy coverage of Index Oil and Gas please visit Stock Market Alert's in-depth profile of the company.

About and Utilizing a wealth of knowledge and analytical experience, Bob Moriarty reports on numerous companies in the mining, energy, resource, and commodities sectors. Both and feature numerous articles, editorial opinions, pricing figures, and updates on the current events taking place in the aforementioned sectors. Catering to a large audience, these websites have taken a strong foothold in the investment community.

About Index Oil and Gas: Index is a gas-biased oil and gas exploration and production company, with activities in Kansas, Texas, Louisiana, Mississippi and Alabama. It has offices in Houston, Texas and Bath, England. Index is focused on efficiently building a broad portfolio of producing properties that it believes to have significant upside potential. The Company has an enviable drilling record and intends to grow its existing asset base and revenues through further investment in the U.S. Index seeks to develop its activities in areas containing prolific petroleum systems set in stable political and economic environments.

Other Stocks of interest yesterday were:

Valero Energy Corporation (NYSE: VLO) down 0.3% on 10 million shares traded. Valero Energy Corporation is a Fortune 500 company based in San Antonio, with approximately 22,000 employees and 2006 revenues of more than $90 billion. The company owns and operates 18 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.3 million barrels per day, making it the largest refiner in North America.

Chesapeake Energy Corporation (NYSE: CHK) up 0.4% on 10.1 million shares traded. Chesapeake Energy Corporation is the third-largest independent producer and sixth-largest overall producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Mid-Continent, Barnett Shale, Fayetteville Shale, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast, Ark-La-Tex and Appalachian Basin regions of the United States.

North West Oil Group Inc. (PINKSHEETS: NWOG) up 11.1% on 3.9 million shares traded. North West Oil Group (formerly Nord Oil International): North West Oil Group is a non-reporting, publicly traded Oil & Gas company trading under the ticker symbol NWOG on the U.S. Pinksheets market.

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 Index Oil and Gas, Inc. (OTCBB: IXOG). The compensation was twenty thousand dollars in 2007 from third party, ONYX CONSULTING GROUP LLC, who is non-affiliated and may hold a significant position in the stock. 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 information contained in this press release is for informational purposes only, and not to be construed as an offer to sell or solicitation of an offer to buy any security. The company makes no representation or warranty relating to the validity of the facts presented nor does the company represent or warrant that all material facts necessary to make an investment decision are presented above. Stock Market Alerts LLC is an advertising company and therefore, this release should be viewed for informational purposes only.

The company relies exclusively on information gathered on the public company, such as public filings, press releases and its web sites. Investors should use the advertising information contained in this release as a starting point for conducting additional research on the public company in order to allow the investor to form his or her own opinion regarding the public company. Factual statements contained in this publication are made as of the date stated and they are subject to change without notice. The company is not a registered investment adviser, broker or a dealer.

Investing in the public company that this release is providing service for should be reviewed as speculative and a high-risk and may result in the loss of some or all of any investment.

This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements.

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