Web Site: http://www.precisionpetroleumcorp.com

I am excited to announce that our new huge oil pick is PPTO! PPTO is currently trading at a low of $0.51 and looks poised for a big bounce that could start as early as today! Please do not waste any time and start your due diligence RIGHT AWAY!

The first factor that comes into play here that's in favor of PPTO is the sector. Right now, oil is priced at $59.94 and in my opinion is oversold looking to make a big breakout to the upside very soon. There is no doubt in my mind that we will see oil head back above $100 and companies like PPTO will be the ones capitalizing from it! Remember, just last year this month oil ran to a high of $147 a barrel! Did you know that there is a drought in oil and we consume 6 barrels of oil for every 1 barrel we find? All the characteristics are there for oil to head back up to its highs!

If you haven't read my Oil Report I highly suggest you do as soon as possible- http://www.wallstreetgrand.com/commentary.html

We have been telling you to play oil since $35! If you have been sitting on the sidelines this is you opportunity to jump in as it has recently become oversold and looks to make a huge turnaround!

Oil is already starting to make its move!

PPTO is one company to watch during this bullish uptrend! PPTO is an independent energy company engaged in the acquisition, exploration and development of oil and natural gas properties in North America. PPTO's objective is to seek out and develop opportunities in the oil and natural gas sectors that represent a low risk opportunity. As well, PPTO aims to define larger projects that can be developed with Joint Venture partners.

PPTO has entered into a joint venture agreement which grants the company first right of refusal on a Montana based oil, Gas and Coal property. Phase 1 of this project is with focus on developing an initial 1600 acre segment after an in depth engineering program. From data obtained by the engineering program results, this 1600 acre's are is where management intends to drill the first 10 wells.

The main thing that caught my eye when researching PPTO was the fact that the company was making major acquisitions of already producing wells! Yes, I am talking about wells that are MAKING MONEY! Many small-cap companies are also making acquisitions right now before the oil rally but they are just buying acres of land that need to be developed and drilled to find out if there is even any oil there or not!

PPTO is one step ahead of everyone else!  

As you can see, PPTO hasn't wasted any time and continues to make huge acquisitions consistently on a monthly basis!

Just recently, PPTO announced that they have acquired a 88% working interest of the White No. 12-1 Well in Pottawatomie County, Oklahoma. This well has been online for one year and it has previously generated over $200,000 in net profits! Based on current production records, The White 12-1 already produces in excess of 300 barrels per month! Operating and lifting costs are at industry minimums. In addition, the Company has a salt water disposal (SWD) well nearby at its disposal for direct injection. The importance of onsite water disposal facilities is critical for reduced costs and environmental purposes.  The President of the company, Richard Porterfield, stated "The Company has to date acquired 11 producing leases and will continue to search out further producing locations."

Also, PPTO recently acquired a working interest in an oil and gas lease in Garvin County, Oklahoma which represents the 13th working interest purchased by the Company just in the past few months! The well was producing approximately 12 barrels of oil and 100 MCF of natural gas per day after the initial treatment. The Company intends to re-enter these formations with a major fraction which should substantially increase the production capacity of the reservoirs.

Mr. Porterfield also stated that he and other oil and gas consultants are presently assessing the acquisition of a 6 well producing package. This operation also has an abundance of spacing for a further 6 well expansion development, with multiple reservoirs. In view of current commodity prices, this addition would be a major boost to the Company's cash flow and bottom line profits. Negotiations have commenced during which various technical analysis examinations and reservoir evaluation programs by the Company are underway!

Not only is the company making huge strides to become a major oil player in the small-cap arena but the chart looks prime for investors!

Almost every time the stock has retraced to the $0.50 level we have seen buyers come in! This tells me that this is a major support level for the stock and could be a great entry point for traders! On the other hand if we saw PPTO break under the $0.50 support level then I would pull out. All in all, right now the risk to reward factor is well worth it! The upside potential here is astronomical! We have a chance to potentially get in at the ground floor!

The last time the stock was trading at the current levels it ran above $1.25 for gains of 149%! Now I don't know if we will see it run back up that high but I do think we could see some unbelievable gains in the short-term from the current PPS!

I think we will see a huge turnaround in oil prices and PPTO is one stock to watch! Keep an eye on PPTO this morning because I think traders are about to start taking notice and we could see a breakout as soon as today!