Wednesday, November 7, 2007

SSEY News Alert

Southern Star Energy Appoints Bruce Ganer to the Board of Directors
Wednesday November 7, 9:00 am ET

HOUSTON--(BUSINESS WIRE)--Southern Star Energy Inc. (OTC BB: SSEY.OB) Southern Star Energy is pleased to announce that Bruce Ganer has joined the Board of Directors and has assumed the title of Vice President of Exploration and Development.

Mr. Ganer has 33 years of experience providing engineering, petrophysics, planning, and managerial direction of exploration and production development projects with a successful track record in both Domestic USA and International projects.

Mr. Ganer started his career at Schlumberger working for seven years as a field engineer and manager of SE Division Computing Center. He then moved on to Home Petroleum where he worked as a Petrophysicist evaluating properties in Oklahoma, Texas, Louisiana and Mississippi. In 1982 he joined Union Texas Petroleum where we worked for nine years as a petrophysicist and reservoir engineer assigned to seven of the top ten onshore fields. Mr. Ganer also served as their onshore strategic plan and budget coordinator. Bruce provided solutions on particularly problematic reservoirs and evaluated exploration wells in domestic U.S., Alaska, Pakistan, Spain, Africa, Indonesia and Columbia.

In 1991 Mr. Ganer joined Pennzoil Exploration and Production Company as their Chief Petrophysicist and Reservoir Engineer. A year later he was assigned to Pennzoil International in charge of the technical staff which he grew to thirty professionals that included geologists, geophysicists, petrophysicists, production engineers and reservoir engineers. He served as the Technical Project Leader for a six billion barrel offshore oil development in Azerbaijan.

In 1997 Mr. Ganer formed Sierra Pines Resources International. In his role as President of Sierra Pine Resources he has coordinated and actively participated in numerous field studies leading to drilling and workovers, significantly increasing production. The company?s efforts over the last eight years have directly resulted in several significant value-added projects accounting for in excess of 290 Bcfe in proven reserve additions.

Mr. Ganer received a BS, Physics & Math from Central Michigan University, post graduate studies in Physics from Central Michigan University, post graduate studies in Geology and Geophysics from Centenary College and University of Houston and a Masters of Science in Petroleum Engineering from the University of Houston.

About Southern Star Energy

Southern Star Energy has approximately 5,300 acres under lease within the prospect area, which is defined by a string of ten vintage wells drilled in the 1950s. The prospect area was historically developed on 640 acre spacing (wells approximately one mile apart). Most of these old wells were abandoned before 1972 after only producing from one of the Cotton Valley sand members. None of the zones with identified reserve potential has been produced within the prospect area. Preliminary plans, with continued successful evaluation drilling, will be to develop the leased acreage with at least one well per 160 acres. Analog fields are being economically developed with at least one well per 80 acres.

Information Regarding Forward-Looking Statements:

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions in the Private Securities Legislation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause Southern Star Energy?s actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things: volatility of natural resource prices; product demand; market competition and risks inherent in Southern Star Energy?s operations.

For Further Information, Contact:
RedChip Companies, Inc.
541 S. Orlando Avenue, Suite 206, Orlando, FL 32751, (800) 733-2447,
Fax: (407) 644-0758, info@redchip.com

No comments: