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| Date: |
20-Aug-08 |
| Time: |
02:29 PM |
| Last: |
$0.95 |
| Volume: |
100 |
| Change: |
+0.04 |
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Southern Star Energy Inc. is an oil and gas exploration company with attractive lease acreage properties in Louisiana. The Company has 5,700 acres of land under lease and has drilled three deep test wells to approximately 9,950 feet with the potential for 80 more wells.
Southern Star Energy believes this region of the state to be very lucrative, with proven and probable reserves of 58 million barrels and 5.8 trillion cubic feet. The state of Louisiana has 18 operating refineries, with over 2.5 million barrels per day of refining capacity.
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