SOURCE: Silver Star Energy, Inc.

August 03, 2005 09:00 ET

Silver Star Reports "Archer-Whitney #1" Gas Production for July

LOS ANGELES, CA -- (MARKET WIRE) -- August 3, 2005 -- Silver Star Energy, Inc. (OTC BB: SVSE) today reports that the July gas production at the "Archer-Whitney #1" well at the Company's North Franklin gas reservoir totaled 46.212 Mmcf for the 31 days in July. The average daily production was 1.49 Mmcf per day.

The well has exhibited stable production at these rates since the onset of production in March 2005. Now that the second well has been drilled and the partners have gained important information on the reservoir integrity, the operator has indicated that the flow rates at the "Archer-Whitney #1" well can be safely increased. Silver Star will report when this occurs and update rates when available.

As reported yesterday, the completion program at the "Archer-Wildlands #1" well is ongoing and the Company will report on all developments when information is received from the operator.

Silver Star receives PGE-Citygate gas pricing from North Franklin production, which on August 1st was in the $7.14 per Mcf range. NYMEX natural gas futures have risen to between $8.15 and $9.54 for 2005-2006, giving Silver Star an indication of what the revenue from upcoming gas production may be in the near future.

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. (OTC BB: SVSE), visit our website at www.silverstarenergy.com.

Contact Information

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    Silver Star Energy, Inc.