Press Release PR9.NET
Home Submit Press Release Search Archives
Press Release
Advanced Search
BROWSE BY CATEGORY

Business Business
Associations, Trade
Business Services
Human Resources
Publishing & Printing
Telecommunications
Marketing & Advertising
E-Commerce, Financial
Real Estate

Computers Computers
Entertainment Entertainment
Games Games
Health Health
Home Home
Science Science
Sports Sports
Society Society
Teens Teens
Press Release Category Business - Financial - ECON Investor Relations Release Date: June 27, 2005

"Archer-Wildlands #1" Well Drilling Ahead at North Franklin


By ECON Investor Relations
June 27, 2005
Send SEND Print PRINT Download PDF Version PDF Contact ECON Investor Relations CONTACT

Silver Star Energy, Inc. (OTCBB: SVSE) today announces that the "Archer-Wildlands #1" well is drilling ahead at the North Franklin Project, Sacramento Basin of California.

PR9.NET June 27, 2005 - LOS ANGELES, CA - Silver Star Energy, Inc. (OTCBB: SVSE) today announces that the "Archer-Wildlands #1" well is drilling ahead at the North Franklin Project, Sacramento Basin of California. The well was spudded on June 25th and is a close offset to the "Archer-Whitney #1" well that has been in production since March 2005. This is the second gas well to be drilled in the North Franklin gas reservoir under the 2005 development plan.

The Company is optimistic that the Winters sand gas pay zone will be thicker at this location than the "Archer-Whitney #1" well, based on 2D seismic and geological mapping of the formation. Drilling to the 8,000 foot depth should take a total of 8-10 days following which the well will be completed and tied-in to the pipeline. Silver Star receives PG&E-Citygate gas prices for sales and was last quoted at $6.72 per mcf.

ABOUT SILVER STAR ENERGY, INC.

The Company is committed to the exploration and extensive development of oil and natural gas reserves throughout western North America. Company management is focused on an acquisition program targeting high quality, low risk prospects provided via key strategic alliance partnerships.

Safe harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Silver Star Energy, Inc. has little or no control.

ON BEHALF OF THE BOARD

Silver Star Energy, Inc.
Robert McIntosh-President

To find out more about Silver Star Energy, Inc. (OTCBB: SVSE), visit our website at www.silverstarenergy.com



# # #

Download PDF Version Download PDF Version:
"Archer-Wildlands #1" Well Drilling Ahead at North Franklin


Contact Information of ECON Investor Relations Contact Information of ECON Investor Relations
Phone 800-665-0411
Website http://www.investorideas.com
Address 145 Tyee Drive, Pt. Roberts, WA 98281

About Silver Star Energy

The Company is committed to the exploration and extensive development of oil and natural gas reserves throughout western North America. Company management is focused on an acquisition program targeting high quality, low risk prospects provided via key strategic alliance partnerships.
www.silverstarenergy.com


About ECON Investor Relations

A leading global investor and industry news and research resource portal including investor newsletters, Blogs, RSS news feeds, investor conferences and forums, audio interviews and exclusive articles.



Recent News Headlines
  • New Video Creation Software Taking Businesses By Storm
    Video Maker FX has become the new standard in creating videos for businesses, both small and large. Video is the best method of promoting any type of business, and it helps your website to get higher positions in the search engines. ...

  • Sharit: Funding Campaign to Build the Best Social App Ever
    Sharit aims to be the best social/business/productivity tool available on all platforms; to integrate all data from your accounts and make it much more useful and easier to consume, search and relate. ...

  • Taking the beauty industry by storm!
    Virginia entrepreneur Marcella Ellis continues to triumph with her innovative concept, The Mane Vendor, providing investors the opportunity to earn residual income whilst supporting our neighborhoods and economy. Ellis' hair vending machine concept is taking the beauty industry by storm and empowering our community to take on the billion dollar hair extension industry.
    Black hair care is a nine billion dollar industry within the United States, which is set to increase year after year for the foreseeable future. Whilst the industry continues to flourish, the way in which hair is supplied remains in the dark ages. ...

  • Israel Will Not Be Destroyed By Her Enemies
    Texas Baptist Minister, Jesse Prewitt, weighs in on the attacks on The Nation of Israel. ...

  • Best-Selling Author launches new Podcast Featuring Wisdom from Super Achievers and Insight from Listeners
    The New WOW Podcast launched by Best-Selling Author / Award Winning (and TEDx Talk) Speaker Corey Poirier features interviews with and insight by such High Achievers as Jack Canfield, Pat Flynn, Tom Ziglar, John Lee Dumas of Entrepreneur on Fire, Chalene Johnson of Turbo Jam and Hundreds more - guests discuss Passive Income, Lifestyle Businesses, Entrepreneurship, Success Strategies and much more. ...

More Press Releases
Industry Category of Current Press Release
    Copyright © 2004 - 2013 PR9.NET - All rights reserved RSS Feeds Submit Press Release Terms of Service Privacy Policy