SOURCE: Wall Street News Alert

Wall Street News Alert

May 01, 2007 10:18 ET

Wall Street News Alert: USSU Is on the Move! May 1, 2007

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

WESTON, FL--(Marketwire - May 1, 2007) - Wall Street News Alert's "stocks to watch" this morning are: USA Superior Energy Holdings, Inc. (OTCBB: USSU), Schlumberger Limited (NYSE: SLB), Weatherford International Ltd. (NYSE: WFT) and Noble Energy, Inc. (NYSE: NBL).

USA Superior Energy Holdings, Inc. (OTCBB: USSU) is another new stock to put on your radar and watch as Wall Street News Alert initiates coverage of the company. The company, focusing on applying new technologies to oil and gas fields as well as other industries, has issued a press release announcing that it has just received third party analysis of its Bateman Field, which consists of 960 acres of a total acquisition of 1212 acres in eastern Texas.

It could be good news for the company. The reserves evaluation of the Bateman field was in regard to the PDP, or proved developed producing reserves that yielded over a $6 million value. The Bateman Field consists of 54 wells out of the recently purchased 88 well package. The third party reserves analysis was completed by Claud Pickard of Cathedral Resources. Mr. Pickard is a principal in the firm and a registered Texas Professional engineer #92986.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of USA Superior Energy! According to the press release, Cathedral Resources has stated in their report that there has been only a "6% recovery of oil in place." Based on this analysis, 94% of the oil remains in the reservoir in the Bateman Field. Cathedral further states that the "un-discounted net present value (NPV) of the field is $6.31 million."

The analysis of the Bateman Field is based on an average drainage per well in the field at +/- 1 acre. The wells are currently on 10 acre spacing, which effectively establishes that with the USA Superior technology and enhancements applied, there are 9 additional acres per well available for oil extraction.

The release states that, yet to be evaluated is the PUD, or proven but undeveloped reserves. The PUD results will enhance the field as this data will show additional reserve value.

The stock closed Monday at Ninety Two cents a share.

For an in-depth profile of USA Superior Energy Holdings, visit

In case you are not familiar with the company: USA Superior Energy Holdings, Inc. is a company focusing on applying new technologies to oil and gas fields as well as other industries. The company is composed of a team of experts in their field, highly qualified with over 200 man-years of oil and gas field experience; from finding to drilling, well completion to operations and production, to problem solving, seasoned with success. Environmentally concerned and responsible, responsive to project needs and specializing in special projects, USA Superior Energy's focus has been on developing and utilizing complementary technologies: Nitrogen (N2) and cased hole horizontal drilling. USA Superior will seek to use these technologies independently or in combination to exploit business opportunities.

Schlumberger Limited (NYSE: SLB) down 2.3% on 9.8 million shares traded. Schlumberger is the world's leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry.

Weatherford International Ltd. (NYSE: WFT) down 1.7% on 4.5 million shares traded. Weatherford is one of the largest global providers of innovative mechanical solutions, technology and services for the drilling and production sectors of the oil and gas industry.

Noble Energy, Inc. (NYSE: NBL) down 1.2% on 1.5 million shares traded. Noble Energy is one of the nation's leading independent energy companies and operates throughout major basins in the United States including Colorado's Wattenberg Field, the Mid-continent region of western Oklahoma and the Texas Panhandle, the San Juan Basin in New Mexico, the Gulf Coast and the deepwater Gulf of Mexico.

Market Commentary:

"Additionally, the Chicago purchasing index fell in April, 52.9% versus 61.7% in March, lower than predicted. Lastly, construction spending in the U.S. rose by only 0.2%, 50% below the 0.4% expected. All of these point to a slowing economy and easing of inflation," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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