SOURCE: Wall Street News Alert

May 22, 2006 08:31 ET

Wall Street News Alert: Market News for WWEN! May 22, 2006

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

WESTON, FL -- (MARKET WIRE) -- May 22, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: W2 Energy Inc. (PINKSHEETS: WWEN), Exxon Mobil Corporation (NYSE: XOM), BJ Services Company (NYSE: BJS) & Noble Corporation (NYSE: NE).

Once again, W2 Energy Inc. (PINKSHEETS: WWEN) may be a target of aggressive investors and day traders this morning! Friday after the stock markets closed, the company, a developer of green energy, issued a press release announcing that it has received letters of request for off-take of its fertilizer product.

News of the letters of request may get the attention of investors! According to the press release, the organic fertilizer which is a co-product produced in the W2 "GAT" reactor will be pelletized and sold in bulk for $US200 per ton. The 10,000 barrel per day plant produces approximately 255,000 tons of organic fertilizer per year, bringing a potential additional $51M in sales, combined with the diesel fuel at $204M and $55M in electricity generation, producing a yearly sales number of $310.5M per 10,000 bpd plant. The company's press release also states that, combined with the need to construct seven plants to satisfy production requests for the diesel product, W2 now has requests for product totalling $2.17B US.

Continue to watch this company! Mr. Michael McLaren states, "We here at W2 have had overwhelming results from marketing our products to the international marketplace.''He also stated, "It seems that the market has been anxiously awaiting products such as ours and will absorb whatever production we can provide.''

Wall Street News Alert is placing aggressive investors on alert to monitor the progress of W2 Energy! Last week we reported that the company had just announced that it was submitting an offer to purchase a working coal fired plant in a location to be disclosed at a later date. The plant which presently provides approximately 100MW of coal fired power will be converted into a combination Diesel fuel and electricity plant using peat and biomass as fuel.

W2 Energy develops renewable energy technologies and applies it to new generation power systems. Specifically, W2 Energy Inc.'s biomass to energy plants utilize state-of-the-art technologies to produce green energy both fuel (sulfur free diesel) and electricity at the most efficient cost in capital investment and production per/barrel, per/Megawatt.

The W2 Energy GAT reactor breaks down biomass or coal using the chemical energy stored in the biomass itself, the plasma acts as a high temperature catalyst. Unlike typical plasma reactors that utilize convection of the intense heat produced by the plasma, the GAT reactor can amazingly produce enough Syngas (H2, CO) to feed a 10,000 barrel per day synthetic diesel plant and 100 Megawatt steam turbine with a mere 4 MW input. Since the company's unique process works in this manner most if not at all the CO2 produced by the process is converted into Carbon suboxides in the form of humic acid and is mixed within the ash to produce high grade organic fertilizer. Therefore the process is completely CO2 neutral even using coal or peat as base fuel.

Prior to the latest press release, the stock closed Friday at around Nineteen cents a share.

For an in-depth profile of W2 Energy, visit http://www.thenewssvc.com/WWEN052106.html

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.

Exxon Mobil Corporation (NYSE: XOM) up 0.9% on 26.6 million shares traded.

Exxon Mobil Corporation is an international energy company whose subsidiaries have operations in many countries and territories.

BJ Services Company (NYSE: BJS) down 1.8% on 8.8 million shares traded.

BJ Services Company is a provider of pressure pumping and other oilfield services to the petroleum industry.

Noble Corporation (NYSE: NE) up 0.5% on 4.5 million shares traded.

Noble Corporation is a provider of diversified services for the oil and gas industry.

Commentary:

"This was the second straight monthly increase in the core CPI of 0.3% and it pushed the year-over-year increase in this measure to 2.3% in April from 2.1% in March. That is above the Fed's forecast of 1 3/4% to 2% for core inflation for all of 2006. It is therefore assumed to be higher than the Fed will tolerate. If the core CPI continues to firm, there will be fears that the Fed will have to raise rates further to curtail demand, even if that means slowing down the economy significantly," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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