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Saturday, June 19, 2004 4:30:40 PM
Completion Rig Arrives to Test Gas Discovery at North Franklin Project
LOS ANGELES, CA -- (MARKET WIRE) -- 06/18/2004 -- Silver Star Energy, Inc. (OTC BB: SVSE) is pleased to announce that the completion program at the "Archer-Whitney #1" well, at the North Franklin Project is underway.
The completion rig arrived on site yesterday afternoon and is beginning preparations to perforate and flow test the discovery. This information will help verify the full potential of this discovery.
The North Franklin Project is located in the Sacramento Basin of California and is situated along the "Eastside Winters Stratigraphic Trend" which has produced in excess of 450 Bcf gas. The objective gas reservoir target at North Franklin is in the Winters Formation. Fidelis has a 35% interest in the play.
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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.
"Robert McIntosh"
Robert McIntosh-President
To find out more about Silver Star Energy, Inc. (OTC BB: SVSE), visit our website at www.silverstarenergy.com.
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Long Communications
1-866-739-6727
Silver Star Energy, Inc.
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