SOURCE: Silver Star Energy, Inc.

July 11, 2005 09:00 ET

Silver Star Updates "Archer-Wildlands" Well Progress

LOS ANGELES, CA -- (MARKET WIRE) -- July 11, 2005 -- Silver Star Energy, Inc. (OTC BB: SVSE) today updates the status of the "Archer-Wildlands #1." The well is still drilling ahead after a short delay that occurred as the well deviated from the directional drilling program. In order to intersect the targeted pay zone planned from the 2D seismic, the well required a slight directional reorientation.

The operator has worked to solve the deviation issue and is now on track to drill through the Winters sand objective over the next day or so. Silver Star now expects to receive the suite of electronic logs and data mid week. The Company will endeavor to report drilling results as soon as they are available. Drilling often encounters delays and the Company has stated that it will keep shareholders updated with the best available information at that time.

Silver Star receives PGE-Citygate gas pricing from North Franklin production, which on July 8th was in the $6.65 per Mcf range.

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

  • Investor Information:
    1-888-803-SVSE (7873)
    Silver Star Energy, Inc.