SOURCE: Wall Street News Alert

Wall Street News Alert

October 17, 2007 09:13 ET

Wall Street News Alert: Breaking News Alert - PQRJ! October 17, 2007

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

WESTON, FL--(Marketwire - October 17, 2007) - Wall Street News Alert's "stocks to watch" this morning are: PetroQuest Resources, Inc. (PINKSHEETS: PQRJ), Broadcom Corporation (NASDAQ: BRCM), WorldWater & Solar Technologies Corporation (OTCBB: WWAT) and Strata Oil & Gas Inc. (OTCBB: SOIGF).

With the price of oil once again hitting record highs, Investors looking to possibly benefit from the energy sectors, are going to want to continue monitoring PetroQuest Resources, Inc. (PINKSHEETS: PQRJ) and the stock closely this morning. The company, an oil and gas production and exploration corporation, issued a press release Tuesday announcing its controlled entity, Advanced Brine Disposal Services, LLC., is purchasing a non-producing oil and gas well situated in Vinton County, Ohio from Mountaineer Gas Transmission, Inc., one of PetroQuest's wholly owned subsidiaries.

Great news for PQRJ investors! The press release states that after the purchase of the well is consummated, Advanced Brine Disposal Systems, Inc. plans to convert the well into use as a brine disposal well as both the well and its site were issued permits for such use by the State of Ohio.

The Company expects the newly acquired brine water disposal well and the business associated with it to reach stabilized operations' status on approximately March 1, 2008. According to the press release, it is anticipated that the net revenue PetroQuest will receive from the brine disposal well in 2008 will be approximately $300,000.00 to $500,000.00, and that the net revenues to be received will increase significantly over the next several years.

Wall Street News Alert is alerting aggressive investors to watch this company closely! PetroQuest Resources Inc., a Nevada corporation, is a publicly held and traded oil and gas production and exploration corporation. PetroQuest conducts its oil and gas business through its subsidiaries and controlled entities Mountaineer Gas Transmission Inc., Tyr Energy Inc., Twin Fork Transportation, L.L.C., Majestic Oilfield Services Inc., and Advanced Brine Disposal Systems, L.L.C. PetroQuest is focusing its effort in the states of West Virginia and Ohio, and plans to become an oil and gas producer in the State of Texas in the near future.

Before the news was released, the stock closed Tuesday at $1.25 a share.

For Wall Street News Alert's in-depth and updated profile of PetroQuest, visit:

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Broadcom Corporation (NASDAQ: BRCM) up 1.5% on 13.1 million shares traded. Broadcom Corporation is a major technology innovator and global leader in semiconductors for wired and wireless communications. Broadcom products enable the delivery of voice, video, data and multimedia to and throughout the home, the office and the mobile environment.

WorldWater & Solar Technologies Corp. (OTCBB: WWAT) down 3.9% on 893,000 shares traded. WorldWater & Solar Technologies Corp. (formerly WorldWater & Power Corporation) is a full-service, international solar electric engineering and water management company. The Company's unique, high-powered and patented solar technology can drive motors and pumps up to 1000 hp to provide solutions for a broad spectrum of the world's electricity and water supply problems from sunshine independently or in conjunction with the electric grid.

Strata Oil & Gas Inc. (OTCBB: SOIGF) down 23.1% on 1.2 million shares traded. Strata Oil & Gas Inc. is a Canadian junior exploration company focused on carbonate-hosted bitumen deposits in the Peace River area of Alberta , Canada. Strata's current total land holdings consist of approximately 112,692 acres with 111,692 acres (approximately 165 sections) being located in the Peace River area.

Market Commentary:

"Holy cow! Hang on to your wallet as this gas guzzler world is going to take another bite out of you budget; with oil hitting record numbers at $88.15 a barrel, up by $2.02, many oil analysts are now saying soon it will be $90," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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