SVSE.OB

[shipman]

So they wanna go to the AMEX.  Sounds good to me.   


UNITED STATES SECURITIES AND

EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) March 1, 2006



SILVER STAR ENERGY, INC.

(Exact name of registrant as specified in its charter)

Nevada

(State or other jurisdiction of incorporation)



333-102930

(Commission File Number)



90-0220668

(IRS Employer Identification No.)



9595 Wilshire Blvd., Suite 900, Beverly Hills, CA, 90212

(Address of principal executive offices and Zip Code)



(310) 477-2211

Registrant's telephone number, including area code



N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 3.02. Unregistered Sales of Equity Securities

On March 1, 2006, we issued 1,200,000 restricted shares of common stock to a consultant pursuant to a consulting agreement entered into with the consultant on March 1, 2006. The shares will be released to the consultant on the basis of 600,000 shares immediately upon the listing of our shares of common stock on the American Stock Exchange and, thereafter, 1/6 of the balance of 600,000 shares of common stock for each month or part month of the term that the consulting agreement remains in effect. These shares of common stock were issued to one U.S. person relying on Rule 506 of Regulation D and/or Section 4(2) of the Securities Act of 1933, as amended.







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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SILVER STAR ENERGY, INC.



/s/ Robert McIntosh                 

Robert McIntosh

President

Date: March 1, 2006

[shipman]

Short term trendline breakout.... RADAR....Good news.... Are you ready for the Annual coming at the end of this month?  Check it!!  Looking good... good numbers coming up.  Here's today's press release.

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.
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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.

[shipman]

Second RADAR alert for this one today.  Check it.   Unusual action and volume.  Could it become another cwpc?  I say why not?

[shipman]

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.
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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."

[la-onda]

14 slides analysis and good news today 
http://www.knobias.com/research.pdf?id=4079

[shipman]

Thanks for the link La-Onda.  .60 looks like a good target to me.  Have a feeling it's gonna be sooner than later.  Earnings coming soon, possible run up till then.  Holding tough.  Trying to walk it down at the moment, I'm not falling for it.  If we can clear that .42 it's on like donkey kong.