SOURCE: Wall Street News Alert

Wall Street News Alert

September 27, 2007 09:32 ET

Wall Street News Alert: Aggressive Stock Alert: MMTE! September 27, 2007

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - September 27, 2007) - Wall Street News Alert's "stocks to watch" this morning are: Mammoth Energy Group Inc. (PINKSHEETS: MMTE), Actuant Corporation (NYSE: ATU), Texas Industries, Inc. (NYSE: TXI) and TIBCO Software Inc (NASDAQ: TIBX).

After announcing the commencement of a new project and the completion of its reorganization, Mammoth Energy Group Inc. (PINKSHEETS: MMTE) has issued additional news, and it should have investors monitoring the stock this morning. Wednesday after the markets closed, the company issued another press release announcing that it has completed the acquisition of a Fifteen Percent working interest in 17 producing wells in Oklahoma.

This could be additional great news for the company! The working interests are in gas wells in a field of approximately 1,045 acres. Mammoth expects more wells to be drilled on the acreage, possibly up to a total of 25 wells. According to the press release, the wells are currently cash flowing positive and a full accounting of the production and engineering of the wells is anticipated by the end of October.

"This acquisition gives us needed immediate cash flow to fund our exploration and development strategies in Oklahoma" stated Joe Overcash, Mammoth's Chief Executive Officer. Mammoth, through its newly created wholly owned subsidiary, United Gas OK, Inc. has acquired the working interest for a restricted stock at a valuation of $225,000.00 based on partially completed engineering of the production.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Mammoth Energy Group! On Tuesday, we reported that the company had completed its re-organization by the sale of its prior assets to the original owners leaving the company free of the majority of the debt previously incurred to move forward on new projects. The press release also said that Mammoth, through its wholly owned subsidiary United Gas OK, Inc. has obtained the drilling rights to a gas field in an area of Oklahoma with producing gas wells and known production. The field would allow up to 60 wells to be drilled and management believes that the shallow wells will provide a consistent and reliable cash flow for the company for the next 5-10 years when completed

In Tuesday's press relase, Joe Overcash stated, "This is a limestone formation which provides high probability of natural gas and occasionally some oil. These wells produce at depths around 800 feet and are very economical to drill. We plan to drill 3 wells at a time which will allow the best cost/well. As such, it is our goal to quickly expand our production base in Noble and Kay County by having about 30 or more wells on-line by year end." United acquired the rights to the property in June of 2007.

Prior to the press release, the stock closed Wednesday at around Fifty Six cents per share.

For Wall Street News Alert's in-depth and updated profile of Mammoth Energy Group, visit: http://www.WallStreetNewsAlert.com/HotStocks/MMTE092607/default.aspx

To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

In case you are not familiar with the company: Mammoth, through its wholly owned subsidiary, United Gas OK, Inc. is focused on developing shallow gas projects in northeastern Oklahoma due to the low risk, blanket characteristics in the area that make it possible to drill and produce a well nearly every time. It is currently focused on developing its Noble and Kay Counties of Oklahoma which is approximately 1,400 acres.

Actuant Corporation (NYSE: ATU) up 6.1% on 757,000 shares traded. Actuant, headquartered in Butler, Wisconsin, is a diversified industrial company with operations in more than 30 countries. The Actuant businesses are market leaders in highly engineered position and motion control systems and branded hydraulic and electrical tools and supplies. Since its creation through a spin-off in 2000, Actuant has grown its sales from $482 million to $1.5 billion and its market capitalization from $113 million to over $1.8 billion. The Company employs a workforce of more than 7,400 worldwide.

Texas Industries, Inc. (NYSE: TXI) down 2.1% on 423,000 shares traded. TXI is the largest producer of cement in Texas and a major cement producer in California. TXI is also a major supplier of construction aggregates, ready-mix concrete and concrete products.

TIBCO Software Inc (NASDAQ: TIBX) up 0.2% on 1.9 million shares traded. TIBCO Software Inc. provides enterprise software that helps companies achieve service-oriented architecture (SOA) and business process management (BPM) success. With over 3,000 customers, TIBCO has given leading organizations around the world better awareness and agility -- what TIBCO calls The Power of Now®.

Market Commentary:

"The Commerce Department reported Wednesday that orders for durable goods, everything from commercial jetliners to home appliances, fell by 4.9 percent in August; the biggest decline since a 6.1 percent fall in January," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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