SOURCE: Wall Street News Alert

Wall Street News Alert

May 08, 2008 08:38 ET

Wall Street News Alert Issues Special Alert on TORO! May 8, 2008

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

WESTON, FL--(Marketwire - May 8, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Toro Ventures, Inc. (OTCBB: TORO), Apache Corporation (NYSE: APA), Transocean Inc. (NYSE: RIG) and Valero Energy Corp. (NYSE: VLO).

Toro Ventures, Inc. (OTCBB: TORO) has moved from an exploration-based company to a producing oil and gas company, and the company should have the attention of investors and traders this morning. Yesterday after the markets closed, the company issued a press release announcing that the rework program on the Crown Lease #1 is complete.

This should be a great addition for the company, as the press release states that the company was able to complete all the rework operations on the Crown #1 as of May 2, 2008. This well should be online and producing within days. The Crown #3 will be fully complete and online this week as well.

Frederick Graham, President and CEO of Toro, stated that, "This is another major leap forward for Toro. The rework program has been completed on our first lease. This week we plan on putting both wells online and updating shareholders with our initial production numbers. The timeframe with which Toro has been able to go from an exploration-based company to now a producing company demonstrates the Company's ability to meet project milestones."

Nitro Petroleum, Inc., operator of the Crown leases, has stated they are "extremely excited to be working with Toro on this first rework program on the Crown Lease. Working with Toro has been a pleasure and as soon as possible Toro will update shareholders on Production Numbers. Also, we are very eager to move to our next larger project with Toro, the drilling of the Quinlan #3 well. The Quinlan Leases have a potential for a further 20 wells. Initial production numbers from the Quinlan #1 were 334 Barrels of Oil per day and the #2 Initial production was 298 Barrels of Oil per day so we are all eager and excited to be moving onto this very productive lease."

Investors are urged to monitor the progress of the company! Toro Ventures, Inc. has moved aggressively into the Oil and Natural Gas exploration business. Oil and Gas prices are at high levels due to increased world energy demands and supply shortfalls. These higher prices should enable smaller and faster moving companies like Toro Ventures to be aggressive in acquiring further opportunities within the Sector.

Prior to the latest press release, the stock closed Wednesday at $2.08 a share.

For an in-depth profile of Oncolin Therapeutics, visit http://www.WallStreetNewsAlert.com/HotStocks/TORO050708/default.aspx.

Apache Corporation (NYSE: APA) down 1.3% on 4.3 million shares traded.

Apache Corporation discovers and produces oil and gas in the United States, Canada, the United Kingdom sector of the North Sea, Egypt, Australia and Argentina.

Transocean Inc. (NYSE: RIG) down 0.2% on 11.7 million shares traded.

Transocean Inc. is the world's largest offshore drilling contractor and the leading provider of drilling management services worldwide.

Valero Energy Corporation (NYSE: VLO) down 0.4% on 10.7 million shares traded.

Valero Energy Corporation is a Fortune 500 company based in San Antonio, with more than 22,000 employees and 2007 revenues of more than $95 billion. The company owns and operates 17 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of approximately 3.1 million barrels per day, making it the largest refiner in North America.

Market Commentary:

"The National Association of Realtors' Pending Home Sales Index fell to 83 in March, down 1% from a downwardly revised reading of 83.8 in February," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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