Wall Street News Alert Issues Special Alert on APRJ! July 10, 2008

Wall Street News Alert's "stocks to watch" this morning are: American Capital Partners Limited, Inc. (PINKSHEETS: APRJ), Exxon Mobil Corporation (NYSE: XOM), Chesapeake Energy Corporation (NYSE: CHK) and Schlumberger (NYSE: SLB).

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There is important news coming from American Capital Partners Limited, Inc. (PINKSHEETS: APRJ) and the company should continue to have the attention of investors! Yesterday after the markets closed, the company, a premier holding company, issued a press release announcing that Upstream Petroleum Corporation, an oil and gas exploration and production company with producing properties in Louisiana, has begun producing oil from its newly acquired Homestead B Lease, and will complete the final stages of a re-work program to bring it to full capacity.

Great news for the company! Presently, the Homestead B lease is operating at a 50% capacity with 4 oil producing wells online. By the end of July, Upstream will finish the final stages of the program and have 8 wells running and pumping oil on the Homestead Lease. According to the press release, with the new oil producing wells online, Upstream will more than double its oil production capacity in its Louisiana properties and see a increase in its gross profits of over 100%. "This development will move the company closer to its goal of being a premier oil and gas company with an eye on orphaned domestic leases and offshore exploratory leases in Central America," says Joseph Kump, President of Upstream Petroleum Corporation. Upstream continues to seek out and negotiate the acquisition of these orphaned domestic leases that need a minimum of capital upgrade and that provide steady growing income.

Investors are urged to continue to monitor the progress of the company!

The stock closed Wednesday at Twenty cents a share.

Exxon Mobil Corporation (NYSE: XOM) down 1.9% on 28.3 million shares traded.

Exxon Mobil Corporation engages in the exploration, production, transportation and sale of crude oil and natural gas.

Chesapeake Energy Corporation (NYSE: CHK) down 6.2% on 23.7 million shares traded.

Chesapeake Energy Corporation is the third-largest producer of natural gas in the U.S. Headquartered in Oklahoma City, the company's operations are focused on exploratory and developmental drilling and corporate and property acquisitions in the Fort Worth Barnett Shale, Fayetteville Shale, Haynesville Shale, Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the United States.

Schlumberger (NYSE: SLB) up 1% on 11.8 million shares traded.

Schlumberger is the world's leading oilfield services company supplying technology, project management, and information solutions that optimize performance for customers working in the oil and gas industry.

Market Commentary:

"Retail gasoline prices in the U.S. hovered at a record high just shy of $4.11 a gallon for the third straight day, according to auto club AAA, the Oil Price Information Service and Wright Express. Diesel prices at the pump rose by more than half a penny to a new high of $4.813 a gallon," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com .

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