SOURCE: Tradestar Resources Corporation

August 22, 2006 16:00 ET

Tradestar Resources Corporation Announces Alliance With Rockwell Energy in Texas Operations

HOT SPRINGS, AR -- (MARKET WIRE) -- August 22, 2006 -- Tradestar Resources Corporation (PINKSHEETS: TSRR) announced today that the company has formed an alliance with Rockwell Energy. Rockwell is a Houston, Texas-based Oil & Gas Company, and will be operating the wells in the Karnes County project for Tradestar in the (Hysaw-Hobson) Lease. The two companies have formally agreed to participate together in multiple joint venture projects for oil & gas development in Texas, Oklahoma, and Louisiana.

Tradestar has acquired additional Karnes County lease acreage with an existing well (Hysaw-Hobson No. 6A, adjacent to the existing Hysaw wells) that will be equipped and completed within the next few weeks. This additional well in our already established field is expected to add good production revenues and value to the company. Tradestar will also be participating in a re-completion for a Wilcox gas well in Karnes County (Janssen #1A).

About: Tradestar Resources Corporation is an independent energy company that is engaged in the exploration, development, exploitation and acquisition of on-shore and natural gas properties in conventional producing areas of the United States. Tradestar strives to enhance asset value by expanding oil and natural gas reserves raising production levels and increasing cash flow. Tradestar intends to foster its growth as an independent oil and gas company by investing in only proven producing wells. The company's web site is http://tradestar-corp.com.

Forward-Looking Statements

This release contains forward-looking statements with respect to the results of operations and business of Tradestar Resources Corporation which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and all other forward-looking statements be subject to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995.

Contact Information

  • Contact:
    Tradestar Resources Corp.
    501-423-3005