Toro Ventures, Inc. (OTCBB: TORO ) has moved from an exploration-based company to a producing oil and gas company, and the company should have the attention of investors and traders this morning. Yesterday after the markets closed, the company issued a press release announcing that the rework program on the Crown Lease #1 is complete.

This should be a great addition for the company, as the press release states that the company was able to complete all the rework operations on the Crown #1 as of May 2, 2008. This well should be online and producing within days. The Crown #3 will be fully complete and online this week as well.

Frederick Graham, President and CEO of Toro, stated that, "This is another major leap forward for Toro. The rework program has been completed on our first lease. This week we plan on putting both wells online and updating shareholders with our initial production numbers. The timeframe with which Toro has been able to go from an exploration-based company to now a producing company demonstrates the Company's ability to meet project milestones."

Nitro Petroleum, Inc., operator of the Crown leases, has stated they are "extremely excited to be working with Toro on this first rework program on the Crown Lease. Working with Toro has been a pleasure and as soon as possible Toro will update shareholders on Production Numbers. Also, we are very eager to move to our next larger project with Toro, the drilling of the Quinlan #3 well. The Quinlan Leases have a potential for a further 20 wells. Initial production numbers from the Quinlan #1 were 334 Barrels of Oil a Day and the #2 Initial production was 298 Barrels of Oil per day so we are all eager and excited to be moving onto this very productive lease."

Investors are urged to monitor the progress of the company! Toro Ventures, Inc. has moved aggressively into the Oil and Natural Gas exploration business. Oil and Gas prices are at high levels due to increased world energy demands and supply shortfalls. These higher prices should enable smaller and faster moving companies like Toro Ventures to be aggressive in acquiring further opportunities within the Sector.

Prior to the latest press release, the stock closed Wednesday at $2.08 a share.

For an in-depth profile of Oncolin Therapeutics, visit http://www.WallStreetNewsAlert.com/HotStocks/TORO050708/default.aspx .

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Market Commentary:

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