Silver Star Announces North Franklin "Archer-Wildlands #1" Gas Well Spud Date – Production Update
April 22, 2005 (Press Release) --
Silver Star Announces North Franklin "Archer-Wildlands #1" Gas Well Spud Date – Production Update
Silver Star Energy, Inc. (OTCBB: SVSE) www.silverstarenergy.com today announces that the Company has received a timeframe for the spud of the Archer-Wildlands #1 well. The drilling will commence in early May and the Company anticipates the well to be completed before May 15th. This will be the second in a series of wells to be drilled in 2005 in the development plan for the North Franklin gas reservoir. As earlier reported, Silver Star has advanced funds in full to the operator for the Company's 40% working interest cost of the well to completion. The "Archer-Wildlands #1" well is licensed, permitted and the well site preparations are ongoing. A drill contract has been signed and a drilling rig has been secured for the well.
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Silver Star Energy, Inc. (OTCBB: SVSE) www.silverstarenergy.com today announces that the Company has received a timeframe for the spud of the Archer-Wildlands #1 well. The drilling will commence in early May and the Company anticipates the well to be completed before May 15th. This will be the second in a series of wells to be drilled in 2005 in the development plan for the North Franklin gas reservoir. As earlier reported, Silver Star has advanced funds in full to the operator for the Company's 40% working interest cost of the well to completion. The "Archer-Wildlands #1" well is licensed, permitted and the well site preparations are ongoing. A drill contract has been signed and a drilling rig has been secured for the well.
Disclaimer: www.investorideas.com/about/disclaimer
Full News: www.investorideas.com/Companies/ViewDocument.asp?ID=2920
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