Strong Buy STOCK NEWSLETTER
FOR WEEK OF MAY 1 TO 5, 2000
Strong, Strong Buy Recommendation- ACCUMULATION ALERT and about to
EXPLODE!
ABRG - Ambra Resources - Closed at .13 for a gain of 13%
Analysts Target for this Stock is $1.00 to $1.25 Short Term
High of .60 Just 9 Weeks Ago!
ABRG is becoming a MAJOR GAS & OIL PLAYER and has Partnerships with EXXON,
CHEVRON, B.P., MOBIL, plus 6 other OIL & GAS GIANTS! Competitors Trading in
the $5 to $85 Range!
RAP Rating as of April 28 is 98.9 which is their Highest Since MSFT
in 1995.
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Tuesday April 25, 10:02 am Eastern Time
----Company Press Release----Ambra Resources Group Inc. Acquires an Additional
25% of Venture Oil and Gas Inc
Schedules Exploration and Development Program for 2000
VANCOUVER, British Columbia--(BUSINESS WIRE)--April 25, 2000--Ambra Resources
Group (OTCBB:ABRG - news) has purchased an additional 25% of Venture Oil and Gas
Inc, thereby increasing its ownership of Venture Oil to 75%. The new investment by
Ambra Resources will increase Ambra's interests in the projects which the two companies
have selected for this year's exploration and development program.
PETROLEUM DIVISION:
Ambra's exploration and development plan for year 2000 will optimize production for the
following eight projects.
Project Name Interest-Ownership
McNeil Ranch Field, Duval County, Texas 12.5%
Erath Prospect, Vermillion Parish, La. 10%
Cameron Meadows Field, Cameron Parish, La. 40%
S. Barataria Field, Jefferson Parish, La. 18.75%
Bastian Bay Field, Plaquemines Parish, La. 6.25%
Lake Washington Field, Plaquemines Parish, La. 75%
Charenton Field, St. Mary's Parish, La. 40%
Red River Bull Bayou Unit, Red River Parish, La. 100%
Venture Oil and Gas estimates the potential gross daily production from these selected
projects will yield in excess of 200 Net Barrels of oil per day and over 1,000 Mcf of
gas
per day. The combined net income from oil and gas production under this plan is
projected
to be approximately $2.5 million per year.
By the Board of Directors, Ambra Resources Group Inc.
Contact:
Ambra Resources Group Inc., Vancouver
Vancouver Investor Relations, 800/698-3377 or
604/669-2723
http://www.ambraresources.com
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Multiple NewsReleases To Come Out regarding Their Twenty Million Dollar Evaluation,
Internet and Biotech Acquisitions, Their New Hi Tech Centre Opening In New Jersey
under the chairmanship of Mr. Steven Weiss, Plus Many Internet rumors including
their Buyout by EXXON!
PETROLEUM DIVISION:
The recent price increases in oil and gas has added value to the inventory of quality
production properties owned by Ambra Resources Group. The company's 3.745% interest
in the 640 acre Beaufort Sea Project which is managed by Exxon, has a present day
appraisal of $20,852,000. The Beaufort Sea Project is estimated to contain gross
potential
reserves of 1.16 trillion cubic feet of gas and 160 million barrels of oil within a
structure
closure of approximately 40 square kilometers. The area in which Ambra owns an interest
comprises 21.54 square kilometers containing gross potential reserves of 625 billion
cubic
feet of gas and 86 million barrels of oil.
Additional NewsReleases:
Thu
Apr
13
ABRG.OB
Ambra Resources Group Inc. to Unveil First Domain Name Company
Website On May 8, 2000 - Business Wire
Thu
Mar
23
ABRG.OB
Ambra Resources Group Inc. Opens New Information Technology
Division Offices in Princeton, New Jersey - Business Wire
Wed
Feb
23
ABRG.OB
Acquisition of Internet Marketing and Business Announced by Ambra
Resources Group Inc. - Business Wire
Tue
Jan
18
ABRG.OB
Acquisition of Domain Name Registration and Internet Marketing
Company to be Completed by Ambra Resources Group Inc. -
Business Wire
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