Energy Finders Inc.

RDATE:06022007

New York, NY -- Knight Energy Corp. (Pink Sheets: KNEC); Avalon Oil & Gas, Inc., (OTCBB: AOGS); BlueFire Ethanol, Inc. (Pink Sheets: BFRE); Wentworth Energy, Inc. (OTCBB:WNWG); Energy Finders, Inc., (OTC: EGYF); Ethanex Energy, Inc. (OTCBB: EHNX)

Business NetWire is an affiliate of Stock Profiler.US. To receive your FREE subscription to our newsletter, please visit http://www.stockprofiler.us.

Oil has jumped to over $59 a barrel in trading today, with no slow down in the near future due to extreme cold in the Midwest and Northeast of the US. Heating oil will be in high demand over the next month, as the cold weather looks to stick around until at least mid February.

Knight Energy Corp. closed at $2.17 Monday, trading 6,500 shares.

About Knight Energy Corp. (Pink Sheets: KNEC)

Knight Energy Corp. (Knight) is a holding company formed to acquire, develop, own, operate and otherwise be involved and invest in energy-related businesses, assets and investments, including, without limitation, the acquisition, exploration and development of natural gas and crude oil, the acquisition and operation of drilling rigs and/or gathering systems and/or pipelines for natural gas and/or crude oil, and other related businesses, assets and investments.

Avalon Oil & Gas, Inc. closed at $.064 Monday, trading 301,400 shares.

Earlier today, Avalon Oil & Gas, Inc., and its partners announced they have commenced field operations designed to provide a measure of the productive capabilities of this property prior to acquisition. The first phase of field work consisting of moving a bottom hole assembly for a pumping unit deeper in one of the wells, along with related modification of the surface components of the pumping unit, have been completed.

Avalon owns an undivided twenty five percent (25) working interest in the property. A due diligence evaluation is also underway on the property.

Avalon and KROG are continuing their focus on enhancing operating synergies in the Southwest Arkansas, Northwest Louisiana and East Texas region through acquisition of other mature production in the area. The area immediately surrounding these new properties consists mainly of independent producers.

About Avalon Oil & Gas, Inc. (Pink Sheets: AOGS)

Avalon Oil & Gas, Inc., is an independent domestic oil and natural gas producer. The Company's strategy is to use efficient reservoir maintenance and innovative technology to generate stable cash flows and production by acquiring a portfolio of oil and gas leases to generate asset growth, and to deliver a sustainable rate of return for our shareholders. The current market environment for crude oil and natural gas has created an opportunity for the United States to reduce its dependence on unstable foreign sources of energy. Avalon is currently evaluating producing leases in southern Kansas, Oklahoma, Texas and Louisiana.

BlueFire Ethanol, Inc. closed at $6.00 Monday, trading 12,800 shares.

Earlier today, BlueFire Ethanol, Inc. reported it Witnesses before the U.S. Senate Energy and Natural Resources Committee this past Thursday (2/1/07) and presented testimony that the vast majority of U.S adults say national and state governments should provide financial incentives to biofuels producers to encourage the production and availability of biofuels. Testimony was also presented to state that there is great public support for doing more to make biofuels a realistic replacement for gasoline in the near future.

Arnold Klann, President of BlueFire Ethanol, stated that, "A great opportunity to advance the Cellulosic Ethanol Industry and wean us from our petroleum dependence is now available which can be accelerated if Congress acts to fund programs they have already authorized in the Energy Policy Act of 2005." Last September 22nd, BlueFire joined a group of distinguished cellulosic ethanol companies in a Congressional Briefing before Congress to admonish the mistaken impression that the cellulosic ethanol industry was embryonic and still a long way off. To the contrary, these industry representatives jointly reported that they were able to commence construction immediately on their production facilities with the assistance of the authorized Federal loan guarantees that would provide capital investors the security to make cellulosic ethanol production a reality.

"Title 15 of the Energy Policy Act of 2005, if fully funded, will advance the commercialization of producing ethanol from cellulosic materials that we are now burying in our landfills," said Mr. Klann. "The raw material is available, the technology is ready and federal and several state governments have said they want to build cellulosic ethanol plants. It's time to make public and private partnership work. We are working hard to advance our business plans to fuel America with its waste materials. We challenge the U.S. Government to step up and do its part now in making cellulosic ethanol happen," added Mr. Klann.

Another program that was also authorized in the Energy Policy Act of 2005 and for which the DOE has already solicited for cannot move forward without appropriations. BlueFire has been short-listed on this grant program and is waiting to hear from the DOE so it can complete its financing to start building its biorefinery in a California landfill. This project will provide a model for a network of ethanol biorefineries BlueFire plans to build across America's landfills.

About Bluefire Ethanol Fuels, Inc. (Pink Sheets: BFRE)

BlueFire Ethanol Fuels, Inc. is established to deploy the commercially ready, patented, and proven Arkenol Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. For more information, visit: www.BlueFireEthanol.com

Wentworth Energy, Inc closed at $1.20 Monday, trading 90,800 shares.

Wentworth Energy, Inc. announced earlier today the completion of the Red Lake Gas Unit #1-R well ("1-R") in Freestone County, Texas. A four point test of the 1-R well yielded a calculated absolute open flow rate of 1.7 million cubic feet of gas per day. The 1-R well is an offset to Wentworth Energy's first gas discovery, the No. 1 Brakens' well that tested at stabilized flow rates of 2.1 million cubic feet (MMcf) of gas per day.

"The independent four point flow test conducted as per Texas Railroad Commission regulations has confirmed the commercial viability of the 1-R well as a gas producer," said Tom Temples, Wentworth Energy Vice President of Exploration and Production. "The gas flowed from two zones in the Woodbine sand over a gross interval from 5,140 to 5,148 feet. The well had a calculated bottom hole pressure of 1995 psi. Gas quality is high, with 98.646 combustible gases and a BTU of 1026.9 per cubic feet. Shallower gas bearing sands will be tested later." The Red Lake Gas Unit #1-R well is the first of at least eight locations offsetting Wentworth Energy's No. 1 Brakens' discovery well the Company plans to drill over the next several months. Drilling of the 1-R well commenced in mid-December 2006 and was drilled by Barnico Drilling's Rig #7 to a total depth of 5,516 feet.

Drilling and production facilities are currently being installed to handle production from the No. 1 Brakens' and 1-R wells with first production anticipated in the 1st Quarter of 2007.

On February 1, Wentworth Energy announced that it had acquired a 50 working interest in two additional producing gas wells in Freestone County, Texas. These two wells are located on the Company's 27,557-acre mineral block south of the No. 1 Brakens' discovery well. Wentworth Energy acquired the two wells to gain drilling access to 640 acres of property that was held by these producing wells. Wentworth Energy believes there are a minimum of four offset locations from these new wells that it plans to develop to add additional reserves and production in several formations.

About Wentworth Energy, Inc. (OTCBB: WNWG)

Wentworth Energy is an independent exploration and production company focused on developing North American oil and natural gas reserves. The Company owns a 27,557-acre mineral block in east central Freestone County and west central Anderson County in the active East Texas Basin, as well as an active oil and gas contract drilling company, Barnico Drilling, Inc., which has serviced East Texas drilling demand since the late 1970s. Wentworth, through its subsidiary Barnico Drilling, is focused on rapidly expanding the number of operating wells on its existing acreage in East Texas. Wentworth Energy applies innovative technologies toward the discovery and development of a diverse portfolio of high-value, low-risk energy projects in North America, including the oil and gas fields of East Texas. Wentworth Energy trades under the ticker symbol WNWG. For more information on the Company visit www.wentworthenergy.com

Energy Finders, Inc. closed at $.29 Monday, trading 98,500 shares.

Earlier today, Energy Finders, Inc., reported the acquisition of an additional 4,558 acres for the Mega West Project. The project now consists of 25,296 acres, more or less, and additional acreage is being acquired for the project on a continuing basis.

The joint venture partners are finalizing locations for the core tests, and have acquired significant additional capital and hired a project manager and support personnel. Core Drilling is expected to commence during February 2007.

The project acreage is projected to contain more than 48 Million Barrels of recoverable oil per each 640-acre section. Total recoverable reserves are now estimated at 1.8 Billion Barrels of oil.

Energy Finders, Inc. holds a 70 interest in the Joint Venture while Int'l. TME Resources, Inc. retains a carried 30 Net Profits Interest in the Project. Trinity Sands Energy, LLC has the right to earn a 50 interest in the project by meeting certain funding schedules.

About Energy Finders, Inc., (OTC: EGYF)

Energy Finders INC. is a U.S. based company dedicated to the goal of being a large independent in the exploration and production of oil and natural gas. Our mission is to create value for our shareholders by applying strong technical expertise to strategies that will unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently.

Ethanex Energy, Inc. closed at $2.12 Monday, trading 95,800 shares.

Ethanex Energy, Inc.,a renewable energy company whose mission is to become the ethanol industry's low-cost producer, announced earlier today that it has executed an engagement letter mandating WestLB AG and Morgan Stanley to act as Joint Lead Arrangers and Joint Bookrunners to structure, arrange and syndicate a senior secured construction, term and working capital credit facility for the Company. This transaction will complete the debt financing necessary for the construction and operation of the Company's three previously announced 132 million gallons per year ethanol production facilities to be located in Missouri, Illinois and Kansas.

The joint lead arrangers will provide a fully-underwritten commitment for the financing upon completion of satisfactory due diligence and credit approvals. The closing of the loan facility, which is subject to final documentation and a number of contingencies, is expected to occur in the second quarter of this year.

"This debt financing will enable Ethanex to construct the most advanced, low cost ethanol plants in the country" said Al Knapp, President and Chief Executive Officer of Ethanex. "The Company continues to successfully execute our plan to attain annual production capacity of 500 million gallons per year by 2010. Ethanex is proud to be partnering with WestLB and Morgan Stanley on this important transaction for our growth." "WestLB is pleased to be mandated, along with Morgan Stanley, by Ethanex to structure and arrange their inaugural three plant portfolio development financing" stated Michael Pantelogianis, Director Global Energy Group, WestLB Capital Markets. "We believe Ethanex's operating approach to producing ethanol, along with its strong management team, differentiates this firm in the ethanol space."

About Ethanex Energy, Inc. (OTCBB: EHNX)

Ethanex Energy, Inc. is a renewable energy company whose mission is to become the ethanol industry's low-cost producer. The company expects to achieve this industry position through the application of next-generation feedstock technologies and use of alternative energy sources. Ethanex is currently developing three 132 million gallon ethanol facilities incorporating the Company's proprietary corn fractionation technology. Delta-T Corporation is providing back-end ethanol processing technology and engineering support and Chevron Energy Solutions (CES), a Chevron Corporation (NYSE: CVX) subsidiary is the EPC contractor. Initial production from the plants is expected by the end of 2008. Ethanex Energy's acquisition and brownfield development strategies afford it rapid capacity development with significant operating cost advantages. The Company's senior management has over eighty years of experience in the energy sector including the design, construction and operation of hundreds of power generation facilities. Ethanex Energy is based in Basehor, Kansas with offices in Santa Rosa, California and Charleston, South Carolina. For more information about Ethanex Energy, visit www.ethanexenergy.com.

The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. BusinessNetwire.US affiliates has not been compensated for services rendered; BusinessNetwire.US affiliates is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter.

Please consult a broker before purchasing or selling any securities mentioned herein. To view full disclaimers, go to http://www.businessnetwire.us) (disclaimers).

CONTACT: BusinessNetwire.USe-mail: info@businessnetwire.usWWW: http://www.businessnetwire.us/

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data prepared by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com)).