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03/28/08 2:29 PM

#13433 RE: stevo51 #13429

NEW YORK, NY--(MARKET WIRE)--Mar 27, 2008 -- Pradera Energy Corp. (Other OTC:SGGC.PK - News), an emerging oil and gas company, is pleased to give shareholders an update on the previously mentioned corporate name change.
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The company has completed its re-domicile to Florida from Delaware. The company has obtained its new CUSIP number and has submitted documents for the new trading symbol. We have received a follow-up response and are currently processing additional documents required to make the final changes and receive a new ticker symbol.