SOURCE: eLocity Inc.

February 26, 2008 08:00 ET

Tuesday, February 26th Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity Inc.

SARASOTA, FL--(Marketwire - February 26, 2008) - eLocity's stocks to watch for today are -- Pantera Petroleum, Inc. (OTCBB: PTPE), Silverado Gold Mines Ltd. (OTCBB: SLGLF), Gran Tierra Energy Inc. (OTCBB: GTRE), EnDevCo, Inc. (OTCBB: ENDE):

Investors, have a good look at Austin, Texas based oil and gas exploration company, Pantera Petroleum, Inc. (OTCBB: PTPE). Pantera's mission is to explore and discover new energy fields in North and South America. On Monday Pantera announced that it had acquired a 10% joint venture interest in Trius Energy's Block 83 84 Project, JV ("83/84 Project"), a three well, multi-pay zone prospect in the West Gomez Field within Pecos County, Texas. One of the most prolific gas plays in the world, the West Gomez Field has produced in excess of 5 Trillion Cubic Feet of natural gas over the past 40 years.

The Company explained the 83/84 Project consists of two re-entry wells, the Gulf-Baker 83 #1, which was originally owned by Gulf and operated by Getty Oil Co., and the Sibley 84 #1, in addition to a new well, the Sibley 84 #2 on a 1280 acre lease in Pecos County, Texas. Pantera said that based on published production data and geological and engineering calculations, recoverable reserves are estimated to be more than 27 billion cubic feet of gas and 50,000 barrels of oil worth around $250 Million at today's market prices.

Pantera Petroleum added that surrounded on all sides by proven production at levels consistent with expert projections on both a daily and cumulative basis, the 83/84 Project is adjacent to properties operated by the world's leading oil and gas producers including Exxon Mobil Corp., Conoco Phillips Co., Chevron USA Inc., Hunt Oil Co., Chesapeake Operating Inc., Cimarex Energy Co. and Texaco Inc. The 83/84 Project could potentially produce 6,500 MCFGPD and 80 BOPD or greater, supported by a data review of the Composite Borehole Compensated Sonic Log from Schlumberger, Gamma Ray & Sidewall Neutron Porosity Logs, drilling and completion reports, and the production history in the area overall.

Pantera Petroleum said the 83/84 Project's target spud date is March 15th, 2008.

"Our acquisition of the 83/84 Project in the West Gomez is the first in a series of transactions within North America that will mark our transition to the production stage of our operations, and the quality of future projects currently under evaluation has never been greater," stated Pantera Petroleum's CEO Chris Metcalf. "This acquisition is an excellent example of our strategy of targeting lower risk, high return production assets in North America, and is a great complement to our ongoing, highly promising exploration activities on our South American assets in Paraguay's Chaco Basin."

More information on Pantera Petroleum can be found at the Company's website at

Shares of Pantera Petroleum, Inc. (OTCBB: PTPE) closed on Monday at $0.89.

Other stocks to watch:

Silverado Gold Mines Ltd. (OTCBB: SLGLF), an international company focused on gold exploration and a new environmentally friendly Fuel Technology, announced on Monday that underground exploration on Workman's Bench, the company's prime exploration target for a lode gold and antimony deposit in the southwestern part of the extensive Solomon Shear Zone, has disclosed high grade gold and antimony mineralization. Gold and antimony values from samples collected from individual veins assayed as high as 1.04 troy ounces gold per ton (35.8 g/t Au) and 64.34% antimony.

SLGLF closed Monday at $0.0625.

Gran Tierra Energy Inc. (OTCBB: GTRE), a company focused on oil exploration and production in South America, announced Monday that it has successfully completed five drill stem tests (DSTs) on its recently drilled Costayaco-2 step out well in the Costayaco Field, Chaza Block, Putumayo Basin, in southern Colombia. The Company said that a combined maximum flow rate in excess of 6,600 barrels of oil per day was attained.

GTRE closed Monday at $3.55.

Energy Development Company, EnDevCo, Inc. (OTCBB: ENDE) announced Monday that the Company had named Joseph Lessard as Chief Financial Officer and Vice President Americas. Mr. Lessard previously served as Vice President, Americas for Globeleq.

ENDE closed Monday at $0.13.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, here after referred to as "the company." The company received compensation for this service for PTPE (Public Company). The compensation is $1,000 from a non-affiliated third party, Alex Consulting, Inc. 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.

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