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[QUOTE]Originally posted by Rasica: [QB] News Releases 9/27/2005 12:06:09 PM ET News Release Index Silver Star Reports Joarcam September Oil Production LOS ANGELES,CA, Sep 27, 2005 (MARKET WIRE via COMTEX) -- Silver Star Energy, Inc. (OTC BB: SVSE) today reports that the September oil production from the "13-27" and "13-22" wells at the Joarcam Project will total 1,845 barrels for the 30-day production period of September for the two producing wells. The daily rate of oil production is currently 61.5 barrels per day for both wells. The "13-27" well is producing at a rate of 38 barrels per day and the "13-22" well is producing at a rate of 23.5 barrels per day, up modestly from the 22 barrel per day rate for August. The Joarcam Project has now cumulatively produced over 10,700 barrels in the past 7 months. August production revenue to the project totaled $138,000 and September is estimated to be $120,000. The two wells continue to exhibit steady production and the Company and operator are working to maximize the barrels per day production. Currently, the 38 degree API light oil at Joarcam has been priced at over $78.00 CDN ($63.00 US) per barrel. Silver Star ships and sells its oil production to the Nexen facility near the Joarcam Project. [/QB][/QUOTE]
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