Released on = May 12, 2007, 9:16 am

Press Release Author = Econ Corporate Services, Inc

Industry = Energy

Press Release Summary = E&P and Equipment Services Companies Remain Attractive
Targets

Press Release Body = POINT ROBERTS, Wash., Delta B.C., May 14, 2007 -
www.InvestorIdeas.com, a leading global investor and industry research resource
portal specialized in sector investing news, stock directories and research links,
presents the Shrewd Speculators; Market and Sector Commentary with Kevin Sylla and
Eric Axel. In this segment the Shrewd Speculators take a look at oil and gas prices
as we move throughout the spring and summer months and the impact this will have on
the stocks in this sector.

While oil is currently trading around the $61 per barrel mark with the peak driving
season and the impending hurricane season right around the corner, demand pressures
are likely to increase.

As Eric Axel describes, "We have not reached a peak in gas prices because there are
still problems with shut downs, with inventories which are still well below levels
of a year ago, and as a result of the recent bombings in Africa. I do anticipate
some choppiness coming into June and the summer months and I do believe that the
price of gasoline currently is probably just a short term relief."

Kevin Sylla is looking at energy intensive companies on the short side. "I am
focusing on companies that use a significant amount of energy that might not have
the price effect absorbed into their economic output going into the next quarter. So
what I am going to be looking to do is to get on the short-side because 1) I do not
think the market will hold up as well this summer and 2) if you can get involved in
transport companies on the short-side there is some money to possibly be made
there."

Both speculators have their eye on the larger E&P companies who have been active
recently with acquisitions and finding additional reserves. "While you may be able
to potentially find weakness over the next few months due to what is happening
globally especially in Africa and Iran, over the long term I believe that many E&P
companies are still very attractive," states Axel.

SylIa adds, "If you are not an investor that is comfortable in the short play I am
always a believer that you cannot go wrong with the companies that do equipment, and
servicing. At the end of the day they supply the drillers with the equipment to
drill and basically no matter what happens these companies will be paid, so if you
want to be on the safe side you can buy stock in these companies. Overall if you act
prudently you can find certain gems within the marketplace; if you do not want to go
short then you can go long E&P and service companies."

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