CRWENews.com “Stock Watch Highlights”: LHPT.PK, and CVAT.OB

May 14, 2009 - PRLog -- Lighthouse Petroleum, Inc. (Pink Sheets:LHPT) is pleased to announce today 05/14/09 to shareholders that LHPT has recently closed on a 20% ownership stake in the Williston Basin Acquisition LLC.

As previously stated in the press release dated, April 28, 2009, the Williston Basin—which is best known for the Bakken Shale resource play—is one of three oil and gas basins where Lighthouse Petroleum is aggressively focused on acquiring producing assets to pair with its existing drilling prospect located in Fremont County, Wyoming.

Based in Lafayette, LA, the Williston Basin Acquisition, LLC is focused on acquiring producing oil and gas production within the Williston Basin, with upside via additional in-fill drilling locations or the utilization of secondary recovery that has been proven by offset operators. Williston Basin Acquisition, LLC’s management team has several candidates under review and awaiting 3rd party engineering runs in order to secure funding for these various acquisition targets. Funding for these acquisitions will be secured by Williston Basin Acquisition, LLC’s international investment banking team whose typical structure ranges from senior secured type transactions to mezzanine financing, depending on the risk profile of the transaction.

Cavatitation Technologies, Inc (OTC BB:CVAT.OB) Cavitation Technologies has successfully tested multiple feedstock, meeting ASTM specifications for the conversion of oil to methyl ester. The tested feedstock include: degummed soy bean oil, crude non- degummed soy bean oil, crude non-degummed canola oil-2.8% F.F.A, tallow- 2% F.F.A., tallow/poultry fat 3% F.F.A., yellow grease-3% F.F.A., WVO, Coconut oil-6% F.F.A. and palm olein oil up to-4% F.F.A.

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About Lighthouse Petroleum

Lighthouse Petroleum, Inc. (LHPT.PK) is an oil & gas exploration company headquartered in Salt Lake City, Utah. The company is publicly traded on the over-the-counter Pink Sheets trading system under the symbol LHPT.

Currently, Lighthouse Petroleum is focused on acquiring oil and gas assets in the Williston Basin, the Permian Basin, as well as within the Wind River Basin. Lighthouse Petroleum’s first acquisition is located within the Wind River Basin allowing Lighthouse Petroleum the opportunity to develop unproven oil and gas reserves, thus contributing to our domestic energy needs. Additionally, management is currently seeking exploitation opportunities within the Permian Basin as well as within the Williston Basin that will complement our Diamond Springs Drilling Prospect.

About Cavitation Technologies, Inc.

Cavitation Technologies, Inc. (CTI) (OTCBB- CVAT - News) is an engineering and manufacturing company focused on becoming the worldwide leader in the sales of nano technology-based cavitation systems. Although CTI is focused on applying its technology to modular, turn-key solutions to the biodiesel industry, the company recognizes potential commercial applications for nano-based cavitation technologies in markets such as water sanitation, alcoholic beverage instant aging, milk pasteurization and homogenization, chemical processing, water - diesel emulsion, crude oil enhancement, and pharmaceuticals. The company is led by seasoned business professionals with management, manufacturing, engineering and environmental experience, and is headquartered in Chatsworth, California. For more information about Cavitation Technologies, please visit www.CavitationTechnologies.com or call 1 818-718-0905.


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