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[QUOTE]Originally posted by HitMe101: [QB] Here was the News from the Closed Thread concerning merge. Fidelis Enters into Amalgamation Discussions with Silver Star Wednesday May 25, 4:36 pm ET TUCSON, Ariz.--(BUSINESS WIRE)--May 25, 2005--Fidelis Energy Inc. (OTCBB: FDEI - News) today announces that the company has begun discussions with Silver Star Energy Inc. regarding the possible future amalgamation of the two companies. Fidelis and Silver Star currently have common working interests in various oil and gas projects, and the amalgamation of these interests would provide a larger and stronger entity for future growth. Oil and gas sector growth occurs by either merger or "growth by the drill bit" and Fidelis is positioning itself to consider both these options. The proposed amalgamation would combine all assets of both oil and gas companies into one entity, which would then have in the portfolio a combined working interest in five projects, these being North Franklin, Joarcam, Comanche Point, Evi and Verdigris Lake. The recent management changes of Fidelis have brought new strength of both corporate and oil and gas expertise, and Fidelis has approached Silver Star with this proposal. [/QB][/QUOTE]
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