WellStar Energy Corp.
TSX VENTURE : WSE

WellStar Energy Corp.

October 07, 2005 12:05 ET

WellStar Energy Corp.: 24 Hour Production Test Completed at the Virgo Zama Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 7, 2005) - The Board of Directors of WellStar Energy Corp. (TSX VENTURE:WST) is pleased to announce the completion of the re-entry program on its first well at its Virgo, Alberta project.

The 13-22 well was re-entered and successfully completed in the Keg River Formation. Based on information provided by Warburg Resources Inc. (the operator), in a 24 hour production test, the well flowed 72.91 m3 of clean oil and 7.22 103 m3 of gas on a 9.53 mm choke at an average flowing wellhead pressure of 1400 kPa (g). This corresponds to a rate of 459 barrels of oil per day (459 bopd) and 256 thousand cubic feet of gas per day (256 mcf/d) respectively.

The well is currently shut-in awaiting the installation of production equipment. The operator is currently acquiring approvals and equipment to install an oil battery. The company's engineering consultants are currently reviewing the production and reservoir data and will issue an evaluation report in due course.

Subject to the acceptance of the TSX Venture Exchange approval WellStar has been granted the right to earn a 50% interest Before Pay Out ("BPO") and a 32.5% interests After Pay Out ("APO") in three properties, and a 45% and 30% interest in the fourth property subject to Crown and farmor royalties ranging from 5% to 22.5% The participation cost for these interests is 50% of the estimated costs to re-enter, and/or drill and case four Keg River wells.

The Virgo-Zama area has been a prolific producer of oil and gas from Devonian Keg River reefs. The four prospects are all define by 3D seismic and all proposed wells offset former producers in existing pools.

On Behalf of the Board of Directors

Andrew H. Rees, President, CEO

This News Release contains forward-looking statements regarding the timing and content of upcoming programs. Actual results may differ materially from those currently anticipated in such statements.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release, which was prepared by management.

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