SOURCE: eLocity Inc.

January 30, 2008 10:00 ET

Wednesday, January 30th Stock Trading Alert

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by eLocity.

SARASOTA, FL--(Marketwire - January 30, 2008) - eLocity's stocks to watch for today are -- Pantera Petroleum, Inc. (OTCBB: PTPE), Open Energy Corporation (OTCBB: OEGY), WorldWater & Solar Technologies Corp. (OTCBB: WWAT), Sun Cal Energy, Inc. (OTCBB: SCEY):

Investors, have a look at Pantera Petroleum, Inc. (OTCBB: PTPE), an oil and gas exploration company headquartered in Austin, TX with operations in Asuncion, Paraguay. Pantera Petroleum's mission is to explore and discover energy supply in North and South America and to acquire and explore known, but under-explored, production areas with the most modern exploration and discovery techniques. Pantera Petroleum, Inc. has rights to five concessions in northern Paraguay, covering nearly 4,000,000 acres, with combined potential reserves of 6.7 TCFE of gas or 1.1 billion barrels of oil. On Wednesday Pantera Petroleum announced the addition of Miles Bender to its Board of Advisors.

Mr. Bender has been involved in the energy business for twenty-four years, currently serving as the President, CEO, and Treasurer of Bridge Energy, Incorporated. Mr. Bender was a founder, President and CEO of National Energy Group, Inc. (NEG), which he took public and helped grow the Company to over $300 million in proven reserves, revenues of $54.7 million and cash flow of over $30 million. NEG owned working interests in more than 1000 wells of which the Company operated over 90% with just under 100 employees. Mr. Bender identified, negotiated, completed and integrated some 16 acquisitions for NEG, and has completed over 25 acquisitions during his career. He led NEG in completing a $120 million acquisition and raising $175 million in 1996, with an additional $65 million in 1997. During his career, he has raised over $350 million for various enterprises. NEG was sold in December 2006 for $1.8 billion.

From 1990 to 1991 Mr. Bender was President, CEO, Treasurer and a Director of Big Piney Oil and Gas Company. Mr. Bender was President, CEO, Treasurer and a Director of VP Oil, Inc. from 1986 until 1991. He was also President and a Director of Tierra Energy, Inc., from 1984 until 1990. All were predecessors of NEG.

Mr. Bender previously held positions as President of the Georgia Oil and Gas Association and as a Director and member of the Executive Committee of the Independent Petroleum Association of America (IPAA). He earned his Bachelors degree from the University of Buffalo.

Commenting on the appointment of Miles Bender , Chris Metcalf, President and CEO of Pantera Petroleum, said, "Miles's consistent track record in building several highly successful oil and gas companies is deserving of great praise and admiration, and we are very pleased that he has chosen to join our team." Metcalf continued, "His acquisition and capital market experience will greatly benefit our Company and shareholders as we explore our concessions and look to acquire undervalued properties going forward."

Shares of Pantera Petroleum, Inc. (OTCBB: PTPE) closed on Tuesday at $1.34.

Other stocks to watch:

Open Energy Corporation (OTCBB: OEGY), a renewable energy company focused on the development and commercialization of a portfolio of solar technologies, announced Tuesday that the company had received a $2.3 million purchase order for a total of 11,880 SolarSave® PV Tiles and related inverters and other system equipment from Petersen Dean, one of the largest roofing companies in the United States. Open Energy Corporation said the terms of the order call for the delivery of 400 kilowatts of solar tiles and related balance of system equipment.

OEGY closed Tuesday at $0.35.

WorldWater & Solar Technologies Corp. (OTCBB: WWAT), a developer and marketer of proprietary high-power solar systems, announced on Monday that the company had closed the merger with Texas based ENTECH, Inc. WorldWater said the transaction was made possible through an agreement with one of the company's largest investors, the Quercus Trust, who exchanged 19.7 million of its common shares of WorldWater for 19,700 shares of convertible preferred stock and supplied WWAT with a $6 million bridge loan, which were both subsequently utilized to complete the ENTECH merger.

WWAT closed Tuesday at $1.64.


Shares of Sun Cal Energy, Inc. (OTCBB: SCEY) closed over 45 percent higher on Tuesday, or 26 cents, at $0.83. The company announced last Friday that it had been advised by the operator of the Cunningham 1-02 well on the Hobart Prospect in Washita County, Oklahoma that the daily gas flow rates from the Cunningham 1-02 well were in excess of 12 million cubic feet a day. Sun Cal Energy is an energy exploration company focused in the Southern San Joaquin Valley of California, the Anadarko Basin of Oklahoma, the Breton Sound of Louisiana and the Green River Basin of Wyoming.

The newsletter is provided by eLocity Inc., an electronic broadcaster and publisher of this newsletter, here after referred to as "the company." The company received compensation for this service for PTPE (Public Company). The compensation is $1,000 from a non affiliated third party, Alex Consulting, Inc. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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