eLocity Inc.: Wednesday's Energy Stock Watch Alerts Issued for:

    eLocity Inc.: Wednesday's Energy Stock Watch Alerts Issued
                    for: FDEI, PQUE, DPTR, TIDE

SARASOTA, Fla., Oct. 27, 2004 (PRIMEZONE) -- The following is an
investment opinion issued by eLocity Inc.: 
Fidelis Energy, Inc. (OTCBB:FDEI), PetroQuest Energy, Inc.
(Nasdaq:PQUE) Delta Petroleum Corp. (Nasdaq:DPTR) and Tidelands Oil &
Gas Corporation (OTCBB:TIDE). 
Investors will surely want to keep an eye on oil and gas company
Fidelis Energy, Inc. (OTCBB:FDEI) as the company announced after the
closing bell Tuesday, that they have negotiated, arranged and secured
$5 million in financing to forward its oil and gas projects. The line
of credit is secured by production, specifically from the North
Franklin Project gas sales that is expected to be in production
shortly. In a prior news release, Fidelis Energy stated that they plan
to steam a number of the 19 wells on the Comanche Point property to
increase the heavy oil daily production. 
FDEI has been seeing its price rise $.50 for the month of October. 
On the Nasdaq; 
PetroQuest Energy, Inc. (Nasdaq:PQUE) 
Independent oil and natural gas reserve energy company, PetroQuest
Energy, Inc., announced on Tuesday that its production for the third
quarter of 2004 was 41.2 Mmcfe per day net to the company, which is
within its previously issued guidance of 40-42 Mmcfe per day.
PetroQuest said that the majority of its Gulf of Mexico offshore
facilities previously evacuated and shut-in due to Hurricane Ivan have
returned to full operations. 
PQUE closed Tuesday at $5.11 on volume of 584,889 shares. 
Delta Petroleum Corp. (Nasdaq:DPTR) 
Shares of Delta Petroleum Corp. stock traded on 3 times its average
daily volume on Tuesday, at 1,509,658 shares. DPTR ended the trading
session higher by 31 cents at $14.65. 
On the OTCBB; 
Tidelands Oil & Gas Corporation (OTCBB:TIDE) 
Tidelands Oil & Gas Corp. announced on Tuesday that Bob Dowies is their
new Vice President of Gas Markets and Supply. The company said that Mr.
Dowies is an energy marketing professional with thirty years of
successful leadership in the oil and gas industry, and that he will
play an instrumental role in the evaluation of pipelines and their flow
capacity, and will evaluate existing and future supply and demand in
regions where Tidelands delivers gas and petroleum-related products. 
TIDE closed Tuesday's trading session up 2 cents at $0.80. 
About eLocity Inc: eLocity owns and operates three financial websites
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daily top stock "GRID Makers". We rank stocks on volume, message board
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-Bell2Bell.com, http://www.bell2bell.com/. Bell2Bell features news
stories, rumors, the InvestBoard and more. 
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The newsletter is provided by eLocity Inc., an electronic broadcaster
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CONTACT:  eLocity Inc.
          Thomas Clay
          (941) 544-3498

 Provider ID: 00066349
-0- Oct/27/2004 12:21 GMT
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