SmallCapNewsRelease.com: Blugrass Energy BLUG featured on QualityStocks.Net

JERICHO, NY -- (SmallCapNewsRelease) -- July 14, 2009 -- QualityStocks.Net begins coverage on OTCBB:BLUG.

Blugrass Energy, based in Lexington Kentucky, is ready to compete in the domestic oil business in the Eastern and Western Kentucky Shale Plays.

The Blugrass and 7921 Energy LLC joint venture has over 5200 acres with the option to acquire and additional 5000 acres within Hancock and Butler Counties.

These acres span across The New Albany Shale region, other companies successfully drilling New Albany wells in Kentucky include Inexco Oil Company in Butler County, Endeavor Energy Resources LP, Quicksilver Resources (NYSE:KWK), El Paso Production Co. (NYSE:EP) and Chesapeake Energy Corporation (NYSE:CHK).

SmallCapNewsRelease Gainers are American Dairy (NYSE:ADY), Freddie Mac (NYSE:FRE-PN), USEC Inc. (NYSE:USU), Excel Maritime (NYSE:EXM), Boise (NYSE:BZ), Gannett Co (NYSE:GCI) Velocity Portfolio (AMEX:PGV), and Hi-Tch Pharmacal (NASDAQ:HITK).

SmallCapNewsRelease Decliners are Sinclair Broadcast (NASDAQ:SBGI) MACC Private Equities (NASDAQ:MACC) Central Pacific Financial (NYSE:CPF) Ohio Legacy (NASDAQ:OLCB) Community Financial Corp (NASDAQ:CFFC) Perfumania Holdings (NASDAQ:PERF) and China Networks (AMEX:CNR).

For more information please visit: http://blug.qualitystocks.net

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