Sonoran Energy, Inc.
OTC Bulletin Board : SNRN

Sonoran Energy, Inc.

August 09, 2006 06:30 ET

Sonoran Energy Announces Successful Start-Up of First High-Impact Louisiana Well

Initial Production Averaging 275 Barrels of Oil Equivalents Per Day 'BOEPD'

PHOENIX, ARIZONA--(CCNMatthews - Aug. 9, 2006) - Sonoran Energy, Inc. (OTCBB:SNRN) today announced that it has successfully commenced production from the first high-impact well during Phase-2 of the work-over program on its Louisiana oil and gas properties. Rates have stabilized on Well Strickland 17, which is now producing at a rate of 275 BOEPD at a choke setting of 8/64" with stable flowing tubing pressure of 6,100 PSI. The well was brought on line Friday the 4th August 2006. The work-over included thorough clean up of the well as well as removing 800 feet of stuck pipe from the deep (approx. 15,000 feet), high pressure (approx. 15,000 psi), high temperature (approx. 300 degrees) well in order to bring it back into production.

Sonoran Energy's President and Chief Executive Officer, Peter Rosenthal stated, "With the successful start-up of this first high-impact well in Louisiana our patience has finally been rewarded. Initial production rates from the well are very encouraging, and these rates may increase on completion of the full work program."

"In addition, we have undertaken a major work program on a second high-impact well, which includes the removal of more than 1000 feet of stuck pipe and clean up of the well bore. The well will require further work before bringing it to production. We are now evaluating the experience and lessons learned before moving forward with the next phases."

Rosenthal added, "We took on a difficult, some might say impossible, task in re-activating these wells, given the depth of the problems associated with them. Much of the credit is due to the technical ability and competence of our personnel and partners in the field, and everybody's commitment to getting the well flowing. We have achieved a major milestone, taking a formerly inactive well and bringing it into production, and I am confident that we will soon see this success mirrored on our other Louisiana wells."

Frank T. Smith Jr., Executive VP and CFO commented, "The success of Louisiana well, Strickland 17 should translate to a material improvement in cash flow and provide additional financial flexibility for Sonoran as we proceed with the remainder of our Louisiana program."

About Sonoran Energy, Inc.

Sonoran Energy is a US-based independent oil and gas company that is building a diversified portfolio of high value assets in North America, North Africa, the Middle East, and the Caspian region. Sonoran Energy explores, develops, and enhances the performance of high value oil and gas opportunities. With a focus on health, safety and the environment, we leverage the Company's innovative organizational alignment model with leading technical partners.

This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.

Contact Information