PSR Tip - Eternal Energy A0JDD7

Auf dem aktuellen Niveau bietet ein Investment in Eternal Energy (WKN: A0JDD7 / ISIN: US29759Y1073) dem Investor die einmalige Gelegenheit, an einer der letzten großen Bohrungen nach neuen Ölfeldern in der Nordsee teilzunehmen. Eternal Energy wird im Vergleich zu seinen Partnern Gulf Shores und International Frontier Resources mit einem Discount von weit über 50% gehandelt, wofür es keinerlei logische Gründe gibt. Die Analysten vom Pennystock Report erwarten, dass sich diese relative Unterbewertung in den nächsten Wochen abbauen sollte. Die positiven Erwartungen, dass durch die Bohrungen ein Ölfeld von signifikanten Ausmaßen gefunden wird sowie die abgeschlossene Bodenbildung des Charts deuten darauf hin, dass Eternal Energy über ein kurzfristiges Potential von mindestens 100% verfügt. Im Falle eines Volltreffers bei den Bohrungen besitzt das Unternehmen ein Kurspotential von mehreren hundert Prozent!

Lesen Sie die ausführliche Empfehlung zur ETERNAL ENERGY auf www. pennystock-report.de!

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In addition to the Glasscock reservoir, EERG now has rights to nine other potentially hydrocarbon-bearing reservoirs on the acquired acreage.  A San Antonio-based registered petroleum engineering firm has estimated that there may be an additional 1-million BOE (450,000 net to EERG’s 45% interest) of proved undeveloped reserves in these nine other reservoirs.

PNP Petroleum, Inc. of San Antonio, Texas, holds the remaining 55% of the prospect and is the operator.

About Eternal Energy Corp.:
Eternal Energy Corp. is an oil and gas company engaged in the exploration of petroleum and natural gas in the State of Nevada and the North Sea. The company was incorporated in Nevada on July 25, 2003 to engage in the acquisition, exploration and development of natural resource properties.
The Private Securities Litigation Reform Act of 1995 provides a ``safe harbor'' for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements relating to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and/or potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, Eternal Energy Corp. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.


CONTACT:                Jamie Kelley
                                   Investor Relations
                                   Eternal Energy Corp.
                                   604-730-2776

Projekt mit Lundin Petroleum startet Mitte diesen Monats, eine Übersicht ist im folgenden Link auf Seite 4 zu finden:

www.lundin-petroleum.com/Documents/ot_2007_exp_wells_e.pdf

hier nochn Video:

www.webfilms.ca/quad412-flash.htm

3 potentielle Lagerstätten für Erdgas.

Und zu Schluß noch ein Schreiben von Jamie Kelley (Investors Relation v. EERG):

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We have no definite start-up for Nevada however I think the
geophysics and seismic data has now been assembled and is
currently being evaluated with the hope of beginning a drill
program before year's end.

The July 22 date was mentioned again a couple of weeks ago by
Michael Turko of Gulf Shores, one of the partners in the deal.
Again, not confirmed by us, but Michael was bullish on the early
start-up.

The waterflooding is about to start on the West Ranch and should
be completed by the end of summer.

This is the best information I have right now. Thanks for writing.

Kindest regards,

Jamie Kelley
Investor Relations
--------------

Also in Nevada und beim West Ranch Field passiert hoffentlich auch noch was, kurzfristig gehe ich hier mal von 0,30 € aus, die will ich hier schon noch sehen (sehr konservativ gedacht).
Grund dafür ist natürlich der Hype, den es kurz vor, sowie während des Bohrprojektes, geben wird.
Hoffentlich versauen die Insidermachenschaften von GUL nicht wieder alles, so geschen beim letzten Misserfolg im Laurel Valley Projekt.

In other developments, Eternal Energy Corp., after final analysis of geophysical and gravity data, has elected to reduce its exposure to 73,000 acres on its Nevada prospect. EERG is now looking for an operator to joint venture its Mississippian-aged, fractured shale project in the Great Basin of Nevada, adjacent to the prolific Railroad Valley.

EERG continues to own a five percent (5%) overriding royalty interest in 150,000 acres leased to Heartland Resources (HRI:TXv), an oil company that holds leased land with potential reserves in Western Canada and the northern US. Two wells have been commenced to begin to test the potential of this project. EERG has received $500,000 USD spud fees for the first two wells commenced. EERG will receive a $250,000 USD spud fee for each of the next six wells drilled by the operator.

EERG has increased its ownership to fifty percent (50%) of the SW extension of the West Ranch Field in Jackson County, Texas. The Glasscock reservoir that underlies EERG's interest is believed to be a hydrocarbon- bearing reservoir.

Ryder-Scott Co., a Houston-based petroleum engineering consulting firm, has analyzed the potential for waterflooding of the Glasscock reservoir underlying the Eternal acreage. Ryder-Scott attributes 900,000 bbls of proven undeveloped reserves in the Glasscock reservoir (420,000 bbls net to Eternal's 50% interest). Simulation testing is nearly completed and a pilot waterflood in the reservoir is expected begin in the fall.

About Eternal Energy Corp.:

Eternal Energy Corp. is an oil and gas company engaged in the exploration for petroleum and natural gas in the State of Nevada and the North Sea. The company was incorporated in Nevada on July 25, 2003 to engage in the acquisition, exploration and development of natural resource properties. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of Eternal Energy Corp. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, and domestic and global economic conditions.


Source: Eternal Energy Corp.