SOURCE: Tradestar Resources Corporation

January 08, 2007 08:00 ET

Tradestar Resources Corporation Announces Participation in Deep Gas Well in Karnes County, Texas

HOT SPRINGS, AR -- (MARKET WIRE) -- January 8, 2007 -- Tradestar Resources Corporation (PINKSHEETS: TSRR) announced today that the company will participate in the Janssen Gas Well in Karnes County, Texas. This well is located approximately 25 miles from Tradestar's Hysaw-Hobson Oil Field in Karnes County and will be a deep gas producer from the Roeder Sand (a Wilcox Series formation at approximately 10,300 ft.) The well is located in an area that is very active in gas and oil production, and has nearby wells that produce over 1 million cubic feet per day from similar zones. Activity for this well is scheduled to begin January 9, 2007.

Tradestar will be a participating partner with Penasco Petroleum (Austin, Texas) and Bedford Energy (Oklahoma City, OK) Proex Energy Management of Houston, Texas will be the operator/manager of the well. This Janssen project is a continuation of Tradestar's alliance with Proex and Penasco to participate together in multiple joint venture projects for oil & gas development in Texas, Oklahoma, and Louisiana.

About Tradestar

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 if 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

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.

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