Emerging Growth Stock Report

From: Pluris Energy...Growth Stock to Watch
Sent: Tuesday, September 25, 2007 7:12 PM
Subject: Emerging Growth Stock Report
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EGSNEWS Alert – September 19, 2007Interim Issue Pick - PEYG
Pluris Energy Group Inc. Emerging Argentina energy play
Ticker: PEYG.OTCBBShares Issued: 26 M F.D.52-Wk. H.-L.: $1.15 - $0.25Price Sept. 19, 2007: $0.35


There are precious few ways to play the lucrative Argentina oil & gas sector, the model being highly successful Petrolifera PDP.TSX $15.00. PEYG is one of them; an early stage, low cost, albeit somewhat speculative, but relatively moderate risk/high potential return way to gain exposure to the highly prolific Argentina energy sector.

On August 18, 2006 the company announced the rights to acquire a substantial producer (1,000 bbl/d) encompassing over 250,000 acres with reserves of 49 million mmboe and a strong growth profile. Terms of the deal remain to be disclosed, but a $65 Million bond is in place to fund the purchase. Closing this would deliver the kinds of cash flow that would justify a significantly higher stock price for PEYG since they plan to do this with a minimum share dilution.

However - injunctions by two joint venture partners of the potential acquisition (San Enrique Petrolera) have delayed the closing. While management is confident the deal will eventually proceed the lack of certainty and time delay has allowed the stock to drift down near its 52-week low.

Meanwhile, the company has publicly stated they are also looking at several other deals, any of which I take it, could close sooner than San Enrique. Details are sketchier but considering the company’s mandate and the magnitude of San Enrique, I am guessing they are also substantial.

In addition to oil and gas, the company is also looking at alternative energy/biomass situations. The stock has formed a long triple bottom and is poised to move upon the closing of their deal(s). For further information contact president@stocknewscast.com or visit http://www.pluris.com.

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