Tandem Energy Holdings (fka TDYH)

[Mr. Zen]

The Research Works, Inc. Initiates Research Coverage on Tandem Energy Holdings, Inc. With an Initial Price Target of $12.00
Friday April 22, 9:00 am ET


MIDLAND, Texas--(BUSINESS WIRE)--April 22, 2005--Tandem Energy Holdings Inc. (OTC:TDYH - News) announced today that The Research Works, Inc. has released an analyst research report covering the Company with an initial price target of $12.00. The report is now available for review at: http://www.stocksontheweb.com/tdyh.pdf
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"There are few analysts who have the depth of experience and exceptional insight into the Microcap space as Mr. William J. Ritger, President of The Research Works, Inc. Over his career, Bill has identified hundreds of successful Microcap and Smallcap companies and has proven himself to be extraordinarily knowledgeable about companies in this underserved but opportunity-rich market."

The Research Works is an equity research boutique founded in 1992 that focuses on small-cap and Microcap stocks. The Research Works' stated objective is to discover undervalued small companies and help them achieve fair value for their stocks by producing high-quality research reports that are grounded in fundamental analysis and employ state-of-the-art equity valuation models. The Research Works targets a far-reaching network of sophisticated, self-directed investors and distributes its research through a strong Internet presence and a large direct-distribution list.

"The report will undoubtedly increase knowledge and awareness of Tandem. More important, because it was published by a respected third-party analyst, with a proven history of discovering early stage emerging growth companies, the Tandem story will gain the credibility it deserves with individual investors. We obviously recognize and believe in our potential, but to have the strength of The Research Works behind our efforts, substantiates the reality of our potential," stated Todd Yocham, CEO of Tandem.

About Tandem:

Tandem Energy Holdings, Inc. was formed to acquire 100% of the outstanding stock of Tandem Energy Corporation and to acquire other low-risk oil and gas properties located in Texas, New Mexico, Oklahoma, and Kansas. The Company combines principal shareholders with over 100 years of oil and gas experience, whose goal is to use their combined talents to build a major independent oil and gas company. Tandem expects to complete its financial audit and receive its independent engineering report, which will be issued according to SEC standards, within the next 75 days. At that time, the Company will file all necessary reports with the SEC to gain reporting company status, and immediately apply for a listing on the Nasdaq NMS exchange or AMEX with the goal of obtaining such a listing no later than the end of the third quarter of 2005.

Research Works, Inc.: The Research Works, Inc. (hereinafter referred to as "RW") is a registered investment advisor that produces equity research reports. On April 6, 2005, in consideration for RW's equity research services, including this report, to be performed through April 20, 2006, the Company paid RW a fee of 65,000 shares of the Company's common stock (restricted). This report is based on RW's independent analysis and judgment. The materials upon which the information in this report is based were supplied by the Company and other sources believed by RW to be reliable; except as otherwise indicated, RW has made no independent verification and does not guarantee the information's accuracy or completeness. Any interpretations, earnings estimates, and conclusions contained in this report are those of RW. This report is not intended to constitute a recommendation for any particular investor to purchase or sell any particular security or that any particular security is suitable for any particular investor. This report should not be construed as a recommendation or request to engage in any transaction, or an offer or solicitation of an offer to buy or sell any security or investment, and investors are advised to consult their personal broker or investment advisor before making any investment decision concerning any of the companies mentioned herein. Use of this report may be subject to applicable rules of any self-regulatory organization of which you may be a member. The information contained in this report is subject to change without notice, and RW assumes no responsibility to update the information contained in this report. Subject to certain restrictions outlined in Part II of RW's Investment advisor ADV filing, a copy of which is posted on RW's website, RW and its affiliated entities and persons may purchase and hold positions in the securities of its clients, but they are prohibited from selling any securities of a RW client during the RW service period to such client. The analyst who authored this report certifies that the views expressed in this report are an accurate representation of his personal views about the Company and its publicly traded securities. Additional and supporting information is available upon request.

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order to comply with the terms of the safe harbor, RW notes that except for the description of historical facts contained herein, this report may contain certain forward-looking statements that involve risks and uncertainties as detailed therein and from time to time in the Company's press releases and elsewhere. Such statements are based on RW's current expectations and are subject to a number of actions and uncertainties, which could cause actual results to differ materially from those, described in the forward-looking statements. These factors include those described in the Company's press releases and SEC filings, all of which are hereby incorporated by reference. No forward-looking statements are a guarantee of future results or events, and one should avoid placing undue reliance on such statements.

Forward-Looking Statements:

Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release, the Company will appropriately inform the public.

Tandem Energy Holdings Inc.
200 N. Loraine, Suite 500
Midland, Texas 79701
432-683-9700
Contact: Lance Duncan




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Contact:
Redwood Consultants, LLC
Jens Dalsgaard, 415-884-0348



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Source: Tandem Energy Holdings Inc.