Strong money flow past 2 days after hitting near the low this
month.
I'm in
http://stockcharts.com/def/servlet/SC.web?c=svse
"Postive news today"!!!!! http://biz.yahoo.com/iw/050613/088594.html
I think I should have made a buy on this when I posted.
Keeps moving up. ???
I bought today @0.57. I have sold half my portfolio last week and bought a lot of oil stocks. In these times, Biotech, housing and energy are were the money is right now.
May be back in play. Double bottom put in.
Volume rising
I sold for a 40% gain two weeks ago. Looks like I'll play it again Sam.
I hear you Saffey! :D :D :D
"Play it again Sam"
It does look as if it wants to be played again, and we shall! ;)
AVSE.........Think I'll pass on this one also, cant see it going much higher in here, still it may have put in a bottom, but this rally will not go much beyond .60 - .70 area. Of course this could all change (IF) volume in the range of 2-3 million shares daily would change my mind. But there are plenty more stocks more worthy than this one right now.........I could be wrong (ME WRONG)? I dont think so........LOL ever heard that one before? LOL will wait this one out ......time being......Do your DD though, Its all in your interests......Right? see ya
Happy Trading,,,,,,,,,,,,Bill the Bull (please let me know if I missed the boat on this one OK?)
August 5, 2005
LOS ANGELES, CA, Aug 05, 2005 (MARKET WIRE via COMTEX) --
Silver Star Energy, Inc. (OTC BB: SVSE) today reports the July oil production from the "13-27" and "13-22" wells at the Joarcam Project. The Company has sold and shipped oil to Nexen for the 31-day production period for the two producing wells totaling 1,719 barrels.
The "13-27" well produced 1,141 barrels at a rate of 37 barrels per day and the "13-22" well produced 579 barrels at a rate of 19 barrels per day. The Joarcam Project has now cumulatively produced 7,119 barrels in 5 months.
Silver Star has a 70% working interest and a 56% net revenue interest. The operator of the project, Transaction Oil and Gas Ventures is currently working on increasing daily rate production from both wells by increasing pumping efficiency. Currently, the 38 degree API light oil at Joarcam has been priced at over $73.00 CDN ($61.00 US) per barrel.
It's time to look at this company more seriously. They are producing oil. Thet are coming off of bottom. Do the math.
Above the 50-day ma....
Looks like it has a steady move to the upside going.Above the 50-day MA.
Now may be it can break this resistance @ around 0.60-0.65 level.
******************************************************************
Press Release Source: Silver Star Energy, Inc.
Silver Star's "Archer-Whitney #1" Gas Well Increased to 1.8 Mmcf per Day
Wednesday August 10, 9:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Aug 10, 2005 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) today is pleased to announce that the daily gas production at the "Archer-Whitney #1" well at North Franklin has been stepped up to 1.8 Mmcf per day, and is capable of going higher.
The operator's goal is to move the production rate up to 2 Mmcf per day over the next few weeks and will be undertaking further increases of the gas flow rates over time. After each increase of the production rate, an evaluation period will be required to assess the well pressures, performance and to maintain reservoir integrity.
Silver Star President Robert McIntosh states, "Today, the combined production from the 'Archer-Whitney #1' and the new producer 'Archer-Wildlands #1' is 2.8 Mmcf per day. We are now producing from two gas wells and are confident of additional gas flow rate increases in the near future as the partners gain more insight into the nature of the Franklin reservoir."
On August 8, the PGE-Citygate gas pricing from North Franklin production was $8.02 per Mcf.
ABOUT SILVER STAR ENERGY, INC.
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.
ON BEHALF OF THE BOARD
Silver Star Energy, Inc.
Robert McIntosh-President
To find out more about Silver Star Energy, Inc. (OTC BB:SVSE.OB - News), visit our website at www.silverstarenergy.com.
Contact:
Investor Information:
1-888-803-SVSE (7873)
Silver Star Energy, Inc.
--------------------------------------------------------------------------------
Source: Silver Star Energy, Inc.
Looks like it is getting stronger each day.
Recent news of late has been positive.Claiming actual delivery of oil
and natural gas. :o
nice pick Set! (applaud) hope it goes to the moon ;) I have been trying to stay away from pennies..but I had to comment about this one. Very solid looking.
Quote from: eliteG on August 11, 2005, 06:53:31 PM
nice pick Set! (applaud) hope it goes to the moon ;) I have been trying to stay away from pennies..but I had to comment about this one. Very solid looking.
Thanks G, on this and also on LJPC comments.
"Trying to stay away from pennies" They can get you in some trouble, if one is not very careful,and sometimes that doesn't help.Especially the really low in price ones!
I did manage to get into ANX today. ;)Now let's all take a ride!!!!
News that came out on Jan. 05,2006.....
*****************************************************************
Press Release Source: Silver Star Energy, Inc.
Silver Star Reports December Gas Production From North Franklin Totaling 92.443 Mmcf
Thursday January 5, 9:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Jan 5, 2006 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) today is pleased to announce the December gas production at the North Franklin Project, Sacramento, California. Production from the Company's two gas wells, the "Archer-Whitney #1" and "Archer-Wildlands #1" totaled 92.443 Mmcf.
The average daily production rate for the month of November totaled 2.982 Mmcf per day. The "Archer-Whitney #1 well" produced a total of 55.378 Mmcf up from last month's 51.094 Mmcf and the "Archer-Wildlands #1 well" produced 37.065 Mmcf, also up from last month's 36.839 Mmcf. Silver Star's 40% working interest in the two wells totals 36.977 Mmcf to the Company. The PGE-Citygate gas price of Jan. 3, 2006 was quoted at $8.92 per mcf.
Silver Star continues to prepare for the drilling of the "Archer-F 1" deep Forbes test and is currently in line for a drilling rig. The window of availability is between the end of January and February 15. Silver Star will update new information when forthcoming from the operator.
News today....stock starting to move north......
********************************************************************
Press Release Source: Silver Star Energy, Inc.
EVI "7-11" Oil Analysis Returns Light Crude -- Construction of Site Facilities Begins
Tuesday January 10, 9:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Jan 10, 2006 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) today reports that the EVI "7-11" oil has been analyzed by AGAT Laboratories in Calgary and has returned a gravity of 36.5 degrees. The oil is considered light crude and will sell at Imperial Light crude prices, today quoted at $59.53 per barrel.
Silver Star has been informed by Transaction Oil and Gas (the operator) that the construction of the surface site facilities began yesterday. When complete, the well will be placed on production with the oil initially being trucked to Husky at their 7-1 battery for shipping. This facility is about 2 1/2 miles away. Silver Star anticipates the commencement of commercial production shortly, before the end of January. The gravity of the oil is compatible with Husky production in the Red-Earth area.
As production is monitored and consistent flow rates are established during this initial production period, the construction of a pipeline to tie into the Husky pipeline system will be planned at that time. The tie-in point is one mile south of the "7-11" well.
Quote from: setravis on July 18, 2005, 07:34:37 PM
May be back in play. Double bottom put in.
Volume rising
That post,that double bottom call fell apart.
Went to a high of 0.72 and it has been falling all this time.
Hit a low of 0.21 here recently,Inching a Turnaround?
Looks like SVSE is slowly turning north bound, closed above the 50-dma
Should do better after December profit comes in behind the positive showing for Nov.
This little pup may be in play.
Volume Today: 691,731
Avg Vol (3m): 391,490
Support @ 0.26...0.21
Resistance @ 0.31...0.33...0.37...0.49
MACD is Bullish
Stochastic is Bearish
Recent CandleStick Analysis
Very Bullish
Jan-10-2006 Bullish Engulfing
Applaud to shipman alerted me as to the stocks movement.
I sure hope so. I've been thinking for a long time that the fundamentals have been improving. They sold one well for a couple mill. Started producing on the gas wells (which has been good positive revenue). Struck oil again light crude.
I see the quarter over quarter coming in very strong. And they should have the cash to complete the projects, or secure good financing. Alot of positives here. Personally I don't know why this thing has been in free fall for so long...... Just weeding out everybody.... another note... Cornell I believe has sold 340,000 shares already or are about to. I know Cornell, Cornell, right! Well I don't think they want to sell them low... the time has come... I'm in....And I hope some more SOFers Jump On.......85 million outstanding shares..... 1 year est. 1.05!
End of the day chart ....Wednesday
Above the 50-dma.
Get some! Indicators going positive on all time frames. Check it. >:D >:D >:D
Got any yet? Here's the daily and weekly.
Press Release Source: Silver Star Energy, Inc.
"Archer-F 1" Well Drills Gas Filled Winters Sand -- Well Now Drilling Ahead to Forbes
Monday March 20, 9:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Mar 20, 2006 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) today is pleased to issue a preliminary drilling report on the "Archer-F 1" gas well at North Franklin. The well is drilling ahead past 9,000 feet after drilling through and logging the upper Winters objective.
The "Archer-F 1" well, as in the previous two wells, drilled Winters sand pay with excellent gas shows in the mud log. The suite of Resistivity and Sonic electronic logs showed clean sand pay with 100% gas fill-up within the pay zone. The intersected sand pay and gas shows exceeds in pay thickness what is producing at the "Archer-Whitney" and "Archer-Wildlands" wells. The drilling rig continues towards the total depth of 12,000 feet with an anticipated T.D. for the well in 5 to 7 days. The 12,000 foot "Archer-F 1" well was designed to test both the producing Winters sands as well as the Forbes; the primary objective of this well.
Robert McIntosh, President of Silver Star, states, "The 'F 1' well Winters pay zone success means Silver Star will have another commercial gas well if the Forbes target is not productive. However, we are confident by the presence of a strong seismic anomaly in the Forbes similar in nature to the known Winters gas, and that the chances remain good that the deep Forbes will come in as a gas well."
ABOUT SILVER STAR ENERGY, INC.
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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the acquisition of oil and gas reserves, any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the 2004 fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission
ON BEHALF OF THE BOARD
Silver Star Energy, Inc.
Robert McIntosh-President
To find out more about Silver Star Energy, Inc. (OTC BB:SVSE.OB - News), visit our website at www.silverstarenergy.com.
Contact:
Investor Information:
1-888-803-SVSE (7873)
Silver Star Energy, Inc.
--------------------------------------------------------------------------------
Source: Silver Star Energy, Inc.
Inching Turnaround....... ;D Looks like SVSE is slowly turning.
14 slides analysis:
http://www.knobias.com/research.pdf?id=4079
& Silver Star Energy's F-1 Gas Well Drilled Past 9,000 Feet; Gains 11.11% On 2X Volume
Tuesday , March 21, 2006 00:47 ET
Mar 21, 2006 (financialwire.net via COMTEX) -- March 21, 2006 (FinancialWire) Silver Star Energy, Inc.'s (OTCBB: SVSE) Archer-F 1 gas well at North Franklin is drilling ahead past 9,000 feet after drilling through and logging the upper Winters objective.
The well, as in the previous two wells, drilled Winters sand pay with excellent gas shows in the mud log. The suite of resistivity and sonic electronic logs showed clean sand pay with 100% gas fill-up within the pay zone. The intersected sand pay and gas shows exceeds in pay thickness what is producing at the Archer-Whitney and Archer-Wildlands wells. The drilling rig continues towards the total depth of 12,000 feet with an anticipated T.D. for the well in five to seven days. The 12,000-foot Archer-F 1 well was designed to test both the producing Winters sands as well as the Forbes; the primary objective of this well.
Robert McIntosh, president of Silver Star, stated, "The F 1 well Winters pay zone success means Silver Star will have another commercial gas well if the Forbes target is not productive. However, we are confident by the presence of a strong seismic anomaly in the Forbes similar in nature to the known Winters gas, and that the chances remain good that the deep Forbes will come in as a gas well."
The company gained 11.11% on volume of 618,325, which was almost twice its average 311,161, to close at $0.40.
Silver Star Energy is covered by Investrend Research affiliate SISM Research's analyst, Ernest C. Schlotter. On April 14, 2005, Schlotter initiated coverage with a "Speculative Buy/4" rating, and a 12-month target of $1.50.
SISM Research is distributed by the Investrend Research Syndicate.
Both SISM Research and Investrend Research subscribe to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com and adhere to the Guidelines for independent providers jointly endorsed by the National Investor Relations Institute (http://www.niri.org) and the CFA Institute (http://www.cfainstitute.org)
According to the New York Times (NYSE: NYT), a survey by Charles Schwab & Co. reveals an astonishing 78 percent of active stockholders now "value research from independent firms over analysis by Wall Street firms with financial ties to the companies they are rating." A survey at Investopedia reveals that 74.7% of investors say that "legitimate fee-based research is objective and useful," and 70.9% say that a company that enrolls for "legitimate fee-based research is making a positive statement about its investment potential."
Silver Star Energy is paying SISM Research $1,750 per month over a two-year period solely to ensure independent coverage.
Press Release Source: Silver Star Energy, Inc.
Acquisition of Interest in Private Alberta Oil and Gas Company
Wednesday March 22, 9:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Mar 22, 2006 -- Silver Star Energy, Inc. (OTC BB:SVSE.OB - News) today is pleased to announce that it has reached a tentative agreement respecting the acquisition of a minimum of a 25% interest in a private Alberta oil and gas company ("Altaco"), either by the purchase of shares or the acquisition of an interest in specified assets. Altaco is presently undergoing a formal valuation of its assets. Upon the completion of the valuation, details of the acquisition will be finalized. It is expected that the price paid for the assets or shares acquired will include a combination of cash and equity.
Altaco has a majority interest in a mid-stream natural gas play located in Southeastern Alberta. The project targets one of few undeveloped gas fields remaining in southern Alberta and Altaco has taken advantage of a unique opportunity to develop a large lease package with significant reserves contained in an area of comparatively shallow targets, while maintaining a position as owner and operator of a significant portion of the pipeline and related infrastructure. As weather permits, Altaco is planning to explore and develop the potentially significant reserves contained in three highly prospective zones. Altaco currently owns a majority interest in a natural gas plant facility that is linked to a transporting pipeline that runs south near the U.S.-Canadian border. It also owns the pipeline infrastructure that will be used to tie-in targeted production areas.
Altaco is currently in negotiations with several major oil and gas companies to significantly expand its area land position. It is also expected that, with control of the critical infrastructure in the area, other producers will be obliged to deal directly with Altaco. Silver Star estimates that the costs of developing the project will be an average of 40% lower (based upon prevailing industry rates) than would ordinarily be expected due to the position of Altaco as operator, combined with its strategic partnership and close alliance with a fully operational drilling company and its related personnel.
Robert McIntosh, President of Silver Star, states, "This acquisition is representative of Silver Star's near-term objective; to increase levels of vertical integration as circumstances permit in order to enhance control and profitability in all aspects of its oil and gas operations. The strategic partnerships with drilling contractors and other industry personnel that Silver Star has developed on its own, and that exist through Altaco, will allow Silver Star to efficiently and cost effectively exploit identified projects and reservoir targets at a time when the industry is plagued by a shortage of oil and gas field equipment, parts and personnel."
ABOUT SILVER STAR ENERGY, INC.
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.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the acquisition of oil and gas reserves (specifically respecting operations conducted through Altaco), any near-term production or cash flow and our ability to become cash flow positive in the short term to allow us to re-invest production dollars to enhance and grow company assets. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the numerous inherent uncertainties associated with oil and gas exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual reports on Form 10-KSB, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission
ON BEHALF OF THE BOARD
Silver Star Energy, Inc.
Robert McIntosh-President
To find out more about Silver Star Energy, Inc. (OTC BB:SVSE.OB - News), visit our website at www.silverstarenergy.com.
Contact:
Investor Information:
1-888-803-SVSE (7873)
Silver Star Energy, Inc.
--------------------------------------------------------------------------------
Source: Silver Star Energy, Inc.
Indicators have turned north bound.