CNQ Canadian Natural Resources Ltd

Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), Canadian Natural Resources Limited (NYSE: CNQ), Continental Resources Inc. (NYSE: CLR) and Quicksilver Resources Inc. (NYSE: KWK).

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There is major news coming from Southridge Enterprises, Inc. (OTCBB: SRDG), and investors are urged to monitor the stock closely this morning! Yesterday after the markets closed, the company issued a press release announcing that it has entered into an ethanol sales agreement with Hong Kong based Jinsung Ho Trading Group (JHTG) for the supply of 20 million gallons of ethanol per year.

Great news for the company, as deliveries are expected to begin in October 2008. The ethanol is being sourced from Petrozilian Energia SA (PES) from Brazil. Over the last several quarters the company completed several similar ethanol sale transactions with European-based buyers. However, this new transaction with JHTG is a direct result of our increased exposure from the Company's market awareness program in the Asian Pacific Rim. The Company expects this to be the first of many purchases to come from that region.

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

The stock closed Wednesday at Three cents a share.

For a recent Wall Street News Alert's in-depth profile of Southridge Enterprises, visit http://www.WallStreetNewsAlert.com/HotStocks/SRDG082008/default.aspx.

Canadian Natural Resources Limited (NYSE: CNQ) up 7% on 5.2 million shares traded.

Canadian Natural is a senior oil and natural gas production company, with continuing operations in its core areas located in Western Canada, the U.K. portion of the North Sea and Offshore West Africa.

Continental Resources Inc (NYSE: CLR) up 7.2% on 2.8 million shares traded.

Continental Resources is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States.

Quicksilver Resources Inc (NYSE: KWK) up 6.4% on 4.2 million shares traded.

Quicksilver Resources is a natural gas and crude oil exploration and production company engaged in the development and acquisition of long-lived, unconventional natural gas reserves, including coalbed methane, shale gas, and tight sands gas in North America.

Market Commentary:

"OIL NEWS: Light, sweet crude for September delivery rose 9 cents to $114.62 a barrel in afternoon trading on the New York Mercantile Exchange, after rising as high as $117.03 before the inventory data was released and then falling as low as $112.61," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.WallStreetNewsAlert.com.

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