F2S) is positioning itself to expand production via the
Edwards formation starting the first week in July 2008. Jerry Witte, Sr.
Vice President Geology, has designed the program to enter the Nauert well
#8. This is high on structure in the Bateman Field. It is cased hole to
approximately 2,700'. The Edwards formation is a prolific production zone.
It is identified as being just 500' below the Austin Caulk. The Edwards
has an apparent 18' zone of which 11' could be a major producer. The
production will be enhanced with the application of the horizontal stimulus
unit.
The Nauert #8 is one of two wells that have been cased to the Edwards
formation. There are approximate 200 acres of the Edwards zone in the
Bateman Field.
ABOUT USA SUPERIOR ENERGY HOLDINGS, INC.
USA Superior Energy Holdings, Inc. is a company with excellent potential
focused on applying new technologies to oil and gas fields as well as other
industries. USA Superior is composed of a team of experts in their field,
highly qualified with over 200 man-years of oil and gas field experience;
from finding to drilling, well completion to operations and production, to
problem solving, seasoned with success. Environmentally concerned and
responsible, responsive to project needs and specializing in special
projects, USA Superior Energy's focus has been on developing and utilizing
complimentary technologies; Nitrogen (N2) and cased hole horizontal
drilling. USA Superior will seek to use these technologies independently or
in combination to exploit business opportunities.
Nitrogen (N2) is used to force oil out of reservoirs. It can be applied to
existing reservoirs and wellbores, thus minimizing the risk of finding oil
and gas. Cased Hole Horizontal Drilling (CHHD) is a new emerging technology
that can significantly increase the "communication" from the wellbore to
the fluids in the reservoir. With the current price environment, many
existing marginal wells can be rejuvenated into very profitable wells. The
corporate website is www.usa-superior.com.
This news release contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Statements in this
press release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future. Actual results could
differ from those projected in any forward-looking statements due to
numerous factors. These forward-looking statements are made as of the date
of this news release, and the company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual results
could differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no assurance
that such beliefs, plans, expectations or intentions will prove to be
accurate. Investors should consult all of the information set forth herein
and should also refer to the risk factors disclosure outlined in our recent
current reports on Form 8-K, our annual report on Form 10-KSB, our
quarterly reports on Form 10-QSB and other periodic and current reports
filed from time-to-time with the Securities and Exchange Commission.