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Market Pulse Breaking News Alert for Wednesday, December 15, 2004: XCHC -- The X-Change Corporation Acquires 2,000 Gross Acres in the Pleasant Ridge (Woodbine) Field in Leon County, Texas With Estimated Oil in Place of 40 Million Barrels!

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Market Pulse News Alert for this AM, Stocks to Watch are: The X-Change Corporation , Veritas Software Corp. , Beacon Power Corp. , and Electronics Arts Inc. .

Investors need to be watching the X-Change Corporation this AM! The X-Change Corp. is a company that was organized to seek merger or acquisition candidates. The company intends to acquire interests in oil and gas opportunities that the company believes will generate significant revenues and return a profit to shareholders. Through acquisition and internal growth, the company is targeting revenue of $10 million by end of 2nd year and $100 million by end of year 5! XCHC had great news out before today's opening bell regarding a potential acquisition! Investors should be watching this one closely!

The X-Change Corporation announced today that it has signed a Letter of Intent, subject to due diligence, to acquire 2,000 gross acres in the Pleasant Ridge (Woodbine) Field for cash and multi-well drilling commitment. Estimated oil in place from the Woodbine formation only is 40 Million Barrels. The acquisition is scheduled to close on January, 2005.

The project is very low risk with 28 of 30 successful Woodbine completions previously drilled. The drill sites also have upside potential of 1 BCF per well in the Sub-Clarksville formation uphole. Based on current spacing regulations, the project could have 50 additional wells to be drilled.

About the X-Change Corporation

The X-Change Corporation is a company that was organized to seek merger or acquisition candidates. The company intends to acquire interests in oil and gas opportunities that the company believes will generate significant revenues and return a profit to shareholders. Please visit http://www.xchangecorp.com/ for further information.

Stocks acting well as of late include: Veritas Software Corp. , Beacon Power Corp. , and Electronics Arts Inc. .

Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.

You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: The X-Change Corporation compensation from a third party: two hundred thousand free trading shares of stock in The X-Change Corporation, already delivered from a third party. An additional three hundred and fifty thousand shares are pending from a third party. To date, MP has sold one hundred fifteen thousand shares of stock in The X-Change Corporation for proceeds totaling one hundred ninety seven thousand dollars. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market Pulse News Alert is a division of MP.



 
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