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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (35462)	3/10/2000 10:11:00 AM
From: Dave Gore	Respond to of 150070

KTNV bid/ask locked after excellent news today of 53 more PRODUCING wells in which they have a 95% average interest. I love this stock for the intermediate term. Why not take some of your profits, relax, and put it in a solid company like KTNV? Also check out the RB board. Lots of long termer over there. (COMTEX) B: ASPEN GROUP ACQUIRES 53 PRODUCING PROPERTIES IN OKLAHOMA B: ASPEN GROUP ACQUIRES 53 PRODUCING PROPERTIES IN OKLAHOMA HIGHLIGHTS * ASPEN GROUP ACQUIRES 53 EDB ENERGY, L.L.C., PROPERTIES FOR STOCK * Properties Located in 7 Eastern Counties of Oklahoma * Attributable Reserves Equal 56 Thousand Barrels of Oil and 539 Million Cubic Feet of Natural Gas OKLAHOMA CITY, Mar 10, 2000 /PRNewswire via COMTEX/ -- Jack E. Wheeler, Chairman, President and CEO of Cotton Valley Resources Corporation, (OTC Bulletin Board: KTNV)(CDN: CVZC), today announced the Company acquired 53 producing properties from EDB Energy, L.L.C., a privately owned Oil and Gas Production Company, in exchange for the common stock of Aspen Group Resources Corporation. The Company's Gross Working Interest in the Properties averages 94.8%. The EDB Properties are located in Coal, Harper, Hughes, Lincoln, Noble, Okfuskee and Okmulgee Counties. Aspen Group will operate the wells, which will add Net Reserves to the Company of 56 Thousand Barrels of Oil and 539 Million Cubic Feet of Natural Gas. "We are very pleased to announce the acquisition of the EDB Properties," commented Mr. Wheeler. "These are quality properties which immediately contribute to cash flow, add substantially to our reserve inventory, bring more offset development opportunities, and, most importantly, increase the value of our Company to our Shareholders." Aspen Group Resources Corporation is an oil and gas exploitation, production and development company based in Oklahoma City. The Company currently owns interests in approximately 500 wells and an equivalent number of offset locations in eight states but with a predominant focus in Oklahoma and Texas. The information in this news release includes certain forward-looking statements as defined in the "Safe Harbor" provision of the Private Securities Litigation Reform Act of 1995. These statements are based upon assumptions that are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurance that the expectations of any of its forward-looking statements will prove to be correct. SOURCE Aspen Group Resources Corporation (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Jack E. Wheeler, Chairman, President and CEO, 405-606-8500, or Michael A. Branch, Director of Communications, 405-767-9185, both of Aspen Group Resources Corporation