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StockGuru Blog: Edgeline Holdings (ELHI) – Not Their First Rodeo in the Oil Business

Not Their First Rodeo in the Oil Business StockGuru Profile – Equity Stock Analysis Report – Recent Blogs – News I think it is incredibly important to keep on top of ELHI’s Houston based, New EnerSource news. Tuesday New Enersouce announced it had entered into the due diligence phase on its potential acquisition of an enhanced oil recovery technology. This is where the rubber hits the road … literally. This phase involves testing the technology in a large oilfield located in Texas in order to measure any increased production. This is the proof of concept phase and would require additional funding to fully develop, but if successful, would address part of the unrecoverable oil market. There is a LOT at stake here and watching New Enersources’ progress very closely is a good idea for the investor. (Remember Edgeline Holdings is located in Houston, TX.) CO2 is a prime ingredient for enhanced oil recovery or EOR. Texas is full of rusting oil pumps. The big oil companies took the low hanging fruit and moved on, leaving thousands and thousands of barrels of oil in the ground waiting to be recovered. While CO2 has been considered the arch enemy of the environment for a long, long time there is something that these abandoned oil fields and Co2 have in common: Enhanced Oil Recovery! By pumping the carbon dioxide greenhouse gas deep underground, oil companies are able to pump out more oil and provide new life to fields that have been declining for decades. The process of using CO2 for enhanced oil recovery is today’s niche market but tomorrow it could be a standard method of recovery in the oil industry. C02 is injected a mile beneath the surface. EOR production has experienced a steady growth since 2000. EOR accounts for about 5 percent of US production – some 240,000 barrels a day. Capturing carbon dioxide at plants and factories – rather than spewing it into the atmosphere – is one of the few near-term solutions to global warming that’s receiving serious consideration. Under this scenario, companies would bury the greenhouse gases they produce in deep saline aquifers – a process called sequestration. Some environmentalists say EOR could speed the move to sequestration. EOR could be a phenomenal ally for carbon sequestration. Natural CO2 available for EOR is in short supply, and a few companies are scrambling to begin collecting some of the 6 billion tons of carbon dioxide that the US emits each year. If enough of this man-made gas were made available, it could quadruple America’s recoverable oil reserves the US Energy Department reported last year. Take a close look at our affiliates report at Equity Stock Analysis and decide whether you are ready to become an instant venture capitalist. With a target price of $1.50, being a venture capitalist may also turn out to be a good investment. Read the report! Source: The GLobe/Mail and ELHI Edgeline Holdings, Inc. 1330 Post Oak Blvd. Suite 1600 Houston, TX 77056 Phone: (713) 621-5208 Email: investors@edgelineholdings.com Website: www.edgelineholdings.com About Edgeline Holdings, Inc.: Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline’s current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships. Safe Harbor Statement: Thisrelease contains statements that may constitute forward-looking statements, including the company’s ability to successfully acquire and develop technologies that are and may be acquired. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Edgeline’s future business and financial results, refer to Edgeline’s Annual Report on Form 10-KSB for the year ended March 31, 2007. Edgeline Holdings undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise. This release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law. Disclosure: Pentony Enterprises LLC expects to be compensated up to $13,000 cash for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. Disclosure: StockGuru.com is owned and operated by Pentony Enterprises LLC,9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com. 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