The
corporation is based in Hamilton, Bermuda, and its operational
headquarters are in Clinton , New Jersey, USA.

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The previous facility could be utilized for letters of
credit up to $125 million , but not for revolving borrowings.


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90 per share) as our new target
price for SKPI shares . Sky
Petroleum's primary focus is to seek opportunities where discoveries can be
appraised rapidly , and developments can be advanced either by accessing
existing infrastructure, or by applying the extensive experience of
established joint-venture partners.
"This is the latest major achievement in our financial
restructuring," said Raymond J.

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icea microeconomic

The category deals with information concerning forecasting and economic consulting services performed and/or available through firms providing professional economic services.

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We now believe that our base-case
scenario for Mubarek productivity deserves to be assigned a higher
probability, and the effect, in our earnings/cash flow model, is to push
our estimate of the company's valuation substantially higher (using a
combination of cash-flow based and asset-value based valuation methods).
We arrive at a median figure for valuation per common share of $3. (OTCBB: FWHLF) today announced that the Company has achieved
another significant step in its financial restructuring with the
successful closing of a new $250 million, five-year Senior Credit
Agreement. Foster Wheeler serves the refining, upstream oil
and gas, LNG and gas-to-liquids , petrochemicals, chemicals, power,
pharmaceuticals, biotechnology and healthcare industries. For more information
about Foster Wheeler, visit our Web site at http://www.

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PRESS RELEASE Dutton Associates Raises Sky Petroleum Price Target to $3.90

Wolfe, CFA of Dutton Associates, reiterated his Buy rating and
raised his target price to $3."
Rothschild Inc.

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90 and reflects
accumulating evidence from SKPI's ongoing drilling program in the Mubarek
Field offshore United Arab Emirates.com

2.
Safe Harbor Statement

This news release contains forward-looking statements that are
based on management's assumptions, expectations and projections about
the Company and the various industries within which the Company
operates.

haver malmo

(OTC BB: SKPI), an oil and
gas exploration company, is pleased to announce that on April 6, 2006,
Richard R. This latest accomplishment provides us with an even stronger
platform from which to grow our business, and focus on winning new
orders, building backlog , and delivering best in class products and
services which consistently meet or exceed our clients ' expectations. Other factors and assumptions not identified
above were also involved in the formation of these forward-looking
statements and the failure of such other assumptions to be realized,
as well as other factors, may also cause actual results to differ
materially from those projected.

haver macroeconomics

"





http://www.skypetroleum. In addition , the company also plans
some higher risk, higher reward exploration prospects. The company's 29 analysts are primarily CFA charterholders
with, on average, over 20 years of experience at the major securities
firms. Such
forward-looking statements by their nature involve a degree of risk
and uncertainty. Most of these factors are difficult
to predict accurately and are generally beyond our control.

pooled microeconomic



The following is from the Research Note:

"Based on our review of Sky Petroleum 's recently filed annual report on
Form 10-K for the year ended December 31, 2005, we are raising our target
price on SKPI shares.

ceteris macroeconomics

For additional
information please visit www.

Notes to Editor:

1.

assumptions reckon

Milchovich, chairman, president and
chief executive officer. The Company cautions that a variety of factors,
including but not limited to the factors described under the heading
"Business--Risk Factors of the Business" in the Company's most recent
annual report on Form 10-K and the following, could cause the
Company's business conditions and results to differ materially from
what is contained in forward-looking statements: changes in the rate
of economic growth in the United States and other major international
economies, changes in investment by the power, oil and gas,
pharmaceutical, chemical/petrochemical and environmental industries,
changes in the financial condition of our customers, changes in
regulatory environment, changes in project design or schedules ,
contract cancellations, changes in estimates made by the Company of
costs to complete projects , changes in trade, monetary and fiscal
policies worldwide, currency fluctuations, war and/or terrorist
attacks on facilities either owned or where equipment or services are
or may be provided, outcomes of pending and future litigation,
including litigation regarding our liability for damages and insurance
coverage for asbestos exposure, protection and validity of patents and
other intellectual property rights, increasing competition by foreign
and domestic companies, changes in financial markets, compliance with
debt covenants, monetization of certain power systems facilities,
implementation of our restructuring plan, recoverability of claims
against customers and others, changes in estimates used in critical
accounting policies.

acil rbb


Sky Petroleum, Inc.com. The new facility, which will expire on March 24 , 2010,
replaces the previous credit facility that was scheduled to expire on
April 30, 2005. acted as financial advisor to the Company in
connection with the arrangement of the new facility. These include statements regarding our expectations
regarding revenues (including as expressed by our backlog ), liquidity,
the outcome of litigation and legal proceedings and recoveries from
customers for claims and the costs of current and future asbestos
claims and the amount and timing of related insurance recoveries.

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90.19 per share, and we therefore reaffirm
our BUY rating on the shares.com

About Dutton Associates

Dutton Associates, an international issuer-paid equity research firm,
offers independent, fundamental research on over 120 small cap public
companies.

Foster Wheeler Announces New Five-Year Credit Agreement



Business Editors/Energy Editors/Financial Editors

HAMILTON , Bermuda----Foster Wheeler
Ltd.
The Company is able to utilize the new facility by issuing letters
of credit up to the full $250 million limit, but also has the option
to use up to $75 million of the $250 million limit for revolving
borrowings.

ecri acil

The new target price is 22% higher than the most
recent close (April 5, 2006) of $3.com


About Sky Petroleum

Sky Petroleum (OTC BB: SKPI) is an oil and gas exploration company.jmdutton.

ecri forecasting

For more information, visit www.

reckon calero

rbb macroeconomic

90, and
accordingly , we have set that figure ($3. is a global company offering, through its
subsidiaries, a broad range of design, engineering, construction,
manufacturing, project development and management, research and plant
operation services.

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The new target price is $3.skypetroleum.

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"
"During 2004, we reduced our debt by $463 million, primarily
through the successful completion of our equity-for-debt exchange
offer, and extended substantially all corporate debt maturities to
2011. Foster Wheeler Ltd.

macroeconomics paceco

"Our new five-year facility will provide us
with a significantly increased level of bonding capacity to support
our global businesses, together with added liquidity and financial
flexibility.fwc . You should
consider the areas of risk described above in connection with any
forward-looking statements that may be made by us.

forecastcenter forecasting

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