SOURCE: Sun River Energy, Inc.

January 24, 2008 13:14 ET

Sun River Receives Positive Logging Results on Its Sun River #3 Well in the Raton Basin

WHEAT RIDGE, CO--(Marketwire - January 24, 2008) - Sun River Energy, Inc. (OTCBB: SNRV) announced today that it has received logging results on the Company's Sun River #3 well located in the Raton Basin. The results were reported to Sun River Energy from Halliburton. Specifically, the log results indicate multiple seams of coal, and they further indicate that sandstone adjacent to the coal contains gas saturation. From the initial log analysis it appears that there is in excess of 60 feet of coal seams indicating gas on the logs.

The company is also excited to discover an oil indication on the log at a 350-foot depth. This is in addition to the strong gas indication. The Company intends to schedule additional preparation and perforation work with Halliburton on the #3 well as soon as possible, weather permitting.

Information on these additional tests will be made available as soon as they become available. Interested investors are encouraged to call Sun River Energy's Investor Communications firm, Equiti-trend Advisors. Representatives are available to investors daily during and after market hours from 10 a.m. to 5 p.m. eastern. See contact information below.

ABOUT SUN RIVER ENERGY, INC.

Sun River Energy, Inc. is a development stage, energy focused company engaged in the exploration and development of low-risk and historically overlooked oil and natural gas properties in the United States. Sun River Energy's objective is to seek out these opportunities and define larger scope projects that can be developed with joint venture partners. Sun River is confident that in the U.S. there exists a number of affordable, high return projects in this sector that can provide the Company long-term fundamental growth.

FORWARD-LOOKING STATEMENT:

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications which may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above.

Contact Information

  • CONTACT:
    Equiti-trend Advisors LLC
    (800) 953-3350 U.S. and Canada
    (858) 436-3350 Local