SOURCE: The Wall Street Small Cap Reporter

April 13, 2005 07:03 ET

Wall Street Futures Reports on Tradestar Corporation (Pink Sheets: TIRR) as Featured Company in the Energy Space

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by The Wall Street Small Cap Reporter.

DALLAS, TX -- (MARKET WIRE) -- April 13, 2005 -- Wall Street Futures, a leading source of news and information for the small cap investor, announced today that it is monitoring Tradestar Corporation (OTC: TIRR) as this week's "stock to watch" in the energy space.

TIRR is an energy company that explores, acquires, and develops on-shore oil and natural gas properties in conventional producing areas of the United States. The difference between this and many other oil and natural gas exploration companies is that TIRR aims to create growth by investing only in proven producing wells, thereby reducing investment risk.

Yesterday, TIRR announced production and sales results from one of its oil field projects in Karnes County, Texas. Expecting 600 barrels of oil per month, TIRR produced and sold more than twice that in February -- 1,241.90 barrels at an average price of US$44.90, netting the company US$55,761.31. For the month of March, TIRR produced and sold 1,034.48 barrels at an average price of US$50, netting the company US$51,724.00, according to a company news release.

TIRR's risk-reward proposition is simple: while the potential upside is not as dramatic as may be the case with other exploratory companies, the risk is far less. TIRR CEO Tom Feimster sums it up this way: "Our policy is, and always will be, to invest only in existing wells with proven production so that our risk is not 'if' we will recover oil or natural gas, but 'how quickly' we will recover it, and thus recoup our initial investment."

TIRR also has announced two other projects for which production and sales results are forthcoming.

Shares of TIRR closed Tuesday at $0.35, up from $0.33 in five days of trading, and they have traded above $0.60 as recently as five weeks ago. This week's news is the company's first announcement of sales or production results over that period, and though still a small player in the oil and gas business, the company has proven, in a short period of time, that its model works and that it can deliver positive results. Wall Street typically responds favorably to numbers the likes of which TIRR has just reported, and at its current price levels, substantial interest could follow.

Wall Street Futures' "stocks to watch" in the energy space also include: Devon Energy Corp (NYSE: DVN), Kerr-McGee Corporation (NYSE: KMG), and Occidental Petroleum Corp (NYSE: OXY).

******* Important Notice and Disclaimer: Please Read *******

Wall Street Futures is a news service of Wall Street Small Cap Reporter (WSSCR). WSSCR publishes reports providing information on selected companies that it believes have investment potential. WSSCR is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. WSSCR accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. WSSCR has been hired as a consultant and has been paid by a third party for the publication and circulation of this report. This report contains forward-looking statements, which involve risks and uncertainties -- including, but not limited to, risks associated with changes in general economic and business conditions (including in the IT and financial information industries), actions of competitors, the extent to which the company is able to develop new services and markets for its services, the time and expense involved in such development activities, level of demand and market acceptance of the company's services, and/or changes in its business strategies -- that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the company featured above or obtain the SEC filings of the company including the company's most recent annual and quarterly reports.

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