Newsletters

[alexed]

Penny Stock Palace - http://www.PennyStockPalace.com

Dear Members,
How's everyone doing? I hope everyone bought in on CTRA. It got up
to 6.68. We feel like we have another stock that will do equally as well.

COMPANY PROFILE

FEATURED COMPANY

GULFWEST OIL COMPANY
OTCBB: GULF
FLOAT: 5.90 Million
OUTSTANDING: 18.45 Million
RECENT PRICE: 1.25
CURRENT MARKET CAP: 27.10 Million dollars

THE COMPANY

GULFWEST OIL COMPANY IS ENGAGED IN THE ACQUISITION, DEVELOPMENT,
EXPLOITATION, EXPLORATION AND PRODUCTION OF OIL AND NATURAL GAS. GULFWEST
OIL COMPANY (TRADING SYMBOL: GULF) PRODUCES NATURAL GAS AND OIL, AND IS
HEADQUARTERED IN HOUSTON, TEXAS. THE COMPANY ACQUIRES OIL AND NATURAL GAS
PRODUCING PROPERTIES WHERE PRODUCTION AND RESERVES CAN BE INCREASED
THROUGH ENGINEERING AND DEVELOPMENT ACTIVITIES. IT CURRENTLY OWNS AND
OPERATES PROPERTIES IN TEXAS, COLORADO AND OKLAHOMA.

BACKGROUND

THERE HAS BEEN A SUBSTANTIAL RISE IN CRUDE OIL PRICES CAUSED BY INCREASED
WORLD DEMAND AND THE TIGHTENING OF AVAILABLE OIL FROM THE OPEC COUNTRIES.
AT THE PRESENT TIME, THE U.S. IS IMPORTING OVER 60% OF ITS OIL, WHICH
REPRESENTS A 21% INCREASE FROM JUST FIVE YEARS AGO. THIS HAS CREATED A
PANIC EFFECT AMONG INVESTORS AS GAS AND OIL STOCKS HAVE BEEN APPRECIATING
TREMENDOUSLY RECENTLY. (i.e. OTC BB: ASRG, OTC BB: DPCH, NYSE: TMR, NYSE:
EEX, NYSE: CPM). SINCE WALL STREET TENDS TO MOVE IN SECTORS, WE FEEL THE
ENERGY SECTOR WILL HEAT UP AS ENERGY AND NATURAL GAS STOCKS ARE UPGRADED.

THE OTHER COMPONENT OF THE U.S. ENERGY PICTURE IS THE USE OF NATURAL GAS.
IT HAS BECOME THE FUEL OF CHOICE FOR A DOMESTIC ENERGY SOURCE IN THE 21ST
CENTURY. THE PRICE OF NATURAL GAS HAS INCREASED IN THE PAST 12 MONTHS
FROM $2.40 TO $8.00 PER THOUSAND CUBIC FEET.

ALONG WITH THE STRONG ENVIRONMENTAL BENEFITS OF NATURAL GAS, THE
DEPARTMENT OF ENERGY NOW STATES THAT THE DEMAND FOR GAS USED FOR ELECTRIC
POWER GENERATION CAN GROW AS MUCH AS 125% THIS DECADE. THE DEMAND WILL
ALSO INCREASE BECAUSE 70% OF ALL NEW HOUSING BUILT IN AMERICA WILL BE
USING NATURAL GAS.

THE COMPANY HAS INCREASED ITS NATURAL GAS FOCUS WITH ITS CURRENT ASSET
BASE BEING 55% GAS AND 45% OIL.

GULFWEST WILL CERTAINLY BENEFIT FROM THE INCREASED PRICES AND DEMAND FOR
OIL AND NATURAL GAS. THE COMPANY ESTIMATES ITS PROVED RESERVES TO BE
APPROXIMATELY 3.3 MILLION BARRELS OF OIL AND 22 BILLION CUBIC FEET OF
NATURAL GAS. AT SEPTEMBER 30, 2000, THE ESTIMATED PRESENT VALUE OF THOSE
RESERVES, DISCOUNTED 10%, WAS $50 MILLION.

GROWTH AND APPRECIATION

GULFWESTS GROWTH

GULFWEST IS ALL ABOUT GROWTH THROUGH CONSOLIDATION.

A YEAR AGO, GULFWEST PURCHASED THE ASSETS OF A COMPANY THAT LACKED
FINANCIAL BACKING AND TECHNICAL EXPERTISE. THIS $10.5 MILLION PURCHASE
PROVIDED A STRONG FOOTHOLD IN A VERY PROLIFIC NATURAL GAS FIELD LOCATED
JUST OUTSIDE DENVER, COLORADO.

IN APRIL 2000, GULFWEST PURCHASED THE OIL AND NATURAL GAS ASSETS OF A
PARTNERSHIP THAT NEEDED TO LIQUIDATE. WITH A MINIMUM OF CAPITAL
EXPENDITURES, THE ASSETS NOW HAVE EXCELLENT CASH FLOW AND TREMENDOUS
POTENTIAL FOR NATURAL GAS DEVELOPMENT.

CERTAINLY ASSETS ARE IMPORTANT, HOWEVER WITH THESE ACQUISITIONS GULFWEST
RECEIVED AN ADDITIONAL BONUS IN THAT IT RETAINED SOME VERY TALENTED, AND
EXPERIENCED PERSONNEL

GULFWESTS FINANCIALS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000 SHOWED
A 294% INCREASE IN REVENUE FROM THE SAME PERIOD IN 1999. THIS INCREASE
WAS NOT ONLY DUE TO PRICE BUT, MORE IMPORTANTLY, THE RESULT OF NATURAL GAS
SALES VOLUMES INCREASING 226% AND OIL SALES INCREASING 127%.

FOR FURTHER INFORMATION CONTACT INVESTERS RELATIONS AT (281)-820-1919

Disclaimer:
In compliance with the Securities Act of 1933, Section17(b),
PennyStockPalace.com, Inc. would like to disclose that they are in
anticipation of receiving $750 from a third party for the publication of
this report and continued coverage through its website and electronic
newsletter.

Information presented on the PennyStockPalace.com web site and supplied
through email contain "forward looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21B of the
Securities Exchange Act of 1934. Any statements that express or involve
discussions with respect to predictions, expectations, beliefs, plans,
projections, objectives, goals, assumptions or future events or
performance are not statements of historical fact and may be "forward
looking statements." Forward looking statements are based on expectations,
estimates and projections at the time the statements are made that involve
a number of risks and uncertainties which could cause actual results or
events to differ materially from those presently anticipated. Forward
looking statements in this action may be identified through the use of
words such as "projects", "foresee", expects, will, anticipates,
estimates, believes, "understands" or that by statements indicating
certain actions may, could, or might occur.

All information provided on the PennyStockPalace.com website pertaining to
investing, stocks, securities must be understood as information provided
and not investment advice. HotPennyStocks.com advises all readers and
subscribers to seek advice from a registered professional securities
representative before deciding to trade in stocks featured on this
website. Use of the material on this website constitutes your
acceptance of these terms. For more information please read our complete
Disclaimer