SOURCE: Silver Star Energy, Inc.

August 05, 2005 09:00 ET

Silver Star Reports Joarcam Oil Production for July

LOS ANGELES, CA -- (MARKET WIRE) -- August 5, 2005 -- Silver Star Energy, Inc. (OTC BB: SVSE) today reports the July oil production from the "13-27" and "13-22" wells at the Joarcam Project. The Company has sold and shipped oil to Nexen for the 31-day production period for the two producing wells totaling 1,719 barrels.

The "13-27" well produced 1,141 barrels at a rate of 37 barrels per day and the "13-22" well produced 579 barrels at a rate of 19 barrels per day. The Joarcam Project has now cumulatively produced 7,119 barrels in 5 months.

Silver Star has a 70% working interest and a 56% net revenue interest. The operator of the project, Transaction Oil and Gas Ventures is currently working on increasing daily rate production from both wells by increasing pumping efficiency. Currently, the 38 degree API light oil at Joarcam has been priced at over $73.00 CDN ($61.00 US) per barrel.

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.