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TGRW TIGER RENEWABLE ENERGY LTD. (OTC BB: TGRW.OB)

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TGRW TIGER RENEWABLE ENERGY LTD. (OTC BB: TGRW.OB)

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Today’s alerts is: TGRW TIGER RENEWABLE ENERGY LTD. (OTC BB: TGRW.OB)

CRWENEWSWIRE.COM March 18, 2009

DrStockPick.com Stock Watch: TGRW TIGER RENEWABLE ENERGY LTD. (OTC BB: TGRW.OB)

COMPANY DEVELOPMENTS
Tiger Renewable Energy Limited (TGRW.OB - News) announces that it has acquired a 30% working interest in the GP Project located in Northern Texas for a total purchase price of $1,000,000.
The project consists of 7 leases covering approximately 323 net acres and has over 50 existing well bores. The acquisition was made from Wellington Capital, a portfolio management company with substantial investments in the Oil and Gas sector.
The GP project is deploying Enhanced Secondary Recovery (ESR) methods and know-how to rework and return to production some 40 existing wells. The GP project is in three phases. The first phase, which is under way and already yielding production results, consists of selecting wells for rework and performing cleaning, fracing and acid treatments, essentially turning the fields back on. The second phase will consist of perforating other existing Zones to get additional production from existing reserves behind pipes, as well as the use of a number other ESR methods to increase production. Phase three envisions additional drilling on the property to either go deeper to other zones or establish additional offset wells.

Through significant study and extensive field research Tiger has identified the w This acquisition represents a new departure in an effort to re-create value for Tiger’s shareholders and position the company for future growth. With the market for ethanol at an all-time low and investor sentiment toward that industry being negative at present, the board and management concluded that the Hami project was not going to result in a viable business even if more capital was available, and thus decided to identify new opportunities for Tiger.
Although this acquisition takes the Company in a different direction, still in the energy field, it is undertaken with the goal of creating value for its stakeholders. The oil market being at a many year low has created opportunities in that industry. The present acquisition of a working interest in the GP Project was made on favorable terms and should bring good value in the future; benefiting our stakeholders and management is looking at other opportunities in the sector.

Ticker Symbol: TGRW.BB
Sector: Basic Materials
Industry: Energy MARKET STATS: TGRW
Share Price $.006
Shares Outstanding 19,153,820
Market Capitalization 1,200,000
52 Week High $1.45
52 Week Low $0.03
Approx. Float 8,900,000
Website: WWW.TIGERETHANOL.COM

Contact

WWW.TIGERETHANOL.COM
Tiger Renewable Energy, Ltd.
OTCBB: TGRW

Address:

6600
Trans-Canada
Suite 519
Pointe-Claire, BC H9R 4S2.
Canada
Phone: (514) 771-3795
Pacific Stock Transfer

Disclaimer:
This release may contain statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The information contained in this profile is provided for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. The accuracy or completeness of the information is not warranted nor should it be considered all-inclusive OTC Media Services is a website that profiles stocks of interest .OTC Media Services has not been paid for coverage

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Dr. Stock Pick is a seasoned equity trader and financial investor. He’s on the Crown Equity Holdings, Inc (CRWE.OB) financial staff as a professional investment analyst and consultant. He’s syndicated on over 200 websites www.crwenews.com, www.stock-ir.com giving daily, up to the minute information about stocks, options, currencies and more. www.drstockpick.com email: investor@drstockpick.com

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