3SOF

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.

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....... 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.