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[QUOTE]Originally posted by HitMe101: [QB] Some News I found.... http://cobrand.knobias.com/otcbb/story.htm?eid=3.1.d373484bc7d28770a4300b27b95702d33e7c5234921b535d7251fca02d0ea70a Silver Star Energy To Be Covered By Investrend Affiliate SISM Research TUESDAY , MARCH 29, 2005 12:57 AM Mar 29, 2005 (financialwire.net via COMTEX) --March 29, 2005 (FinancialWire) Investrend Research affiliate SISM Research is initiating coverage on Silver Star Energy (OTCBB: SVSE). Silver Star Energy, Inc., based in Los Angeles, has targeted low to medium risk ventures of natural gas properties in California and oil and gas properties in Alberta, Canada that have the potential for short-term returns as well as longer reserve lives. Through a series of strategic acquisitions via its key alliance partnerships, Silver Star Energy, Inc. has positioned itself for rapid organic growth. During 2004, the company's exploration and development programs were successful. SVSE has working interests natural gas properties, located in a prolific gas producing area of the Sacramento Basin with combined estimated probable gas reserves of more than 140.5 Bcf. The company's Alberta oil projects have estimated probable oil reserves of more than 4.5 million barrels and gas reserves of 4.0 Bcf. "Commercial oil production began at Joarcam in Alberta on March 1st and natural gas in California on March 22 at the North Franklin Gas Field. Silver Star is now a cash flow positive company," said Ernest C. Schlotter, oil and natural gas analyst with SISM Research. He added, "Proved undeveloped reserves, represent the future of a growing company like Silver Star Energy, Inc. and the company has increased its capital expenditure budget to $7.0 million for the current fiscal 2005. This capital expenditure budget is financially secured and, in addition, the company will reinvest cash flow from operations. Increased drilling activities will lead to rapid growth in the company's production volume, earnings per share cash flow as well as ameliorate Silver Star's underlying net asset value growth." SISM Research, based in Zurich, Switzerland, is a private investment research firm offering high-quality, independent, fundamental research on public companies since 1995. SISM writes, publishes and distributes research coverage, in both English and German, on micro- to small-cap public companies trading on the OTC Bulletin Board, NASDAQ and AMEX. This coverage is geared toward institutional and individual investors in both North America and in German-speaking Europe, a market that represents more than 100 million people. SISM Research is a content provider to Thomson Financials OneAnalytics/FirstCall, to Multex, and InvesTrend. Both SISM Research and InvesTrend Research subscribe to the "Standards for Independent Research Providers." Silver Star Energy, Inc. will pay SISM Research $1,750 per month over a two-year period solely to ensure independent coverage. The company is committed to the exploration and extensive development of oil and natural gas reserves throughout western North America. company management is focused on an acquisition program targeting high quality, low risk prospects provided via key strategic alliance partnerships. For up-to-the-minute news, features and links click on http://www.financialwire.net FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on http://www.investrend.com/contact.asp The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: http://www.investrend.com/XmlFeeds?level=268 [/QB][/QUOTE]
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