Monday, December 10, 2007

New Leadership at Southern Star Energy, a Growing Oil Company

Southern Star Energy Appoints David Gibbs as President
Monday December 10, 9:00 am ET

HOUSTON--(BUSINESS WIRE)--Southern Star Energy Inc. (OTC BB: SSEY.OB) Southern Star Energy is pleased to announce that David Gibbs has joined the Board of Directors and has assumed the role of President, Secretary and Treasurer.

Mr. Gibbs has over 30 years experience as an entrepreneurial senior executive in the independent upstream energy sector. He is an aggressive team leader with a successful track record of creating, growing and monetizing a significant exploration and production company focused on the U.S. Gulf of Mexico, delivering outstanding shareholder returns. He is a decisive, hands-on manager with proven operations and project management skills on large-scale domestic and international oil & gas operations. Mr. Gibbs' significant accomplishments include: building and operating a highly successful offshore exploration and production company, managing acquisitions and divestiture programs valued at well over $1 billion, managing numerous contract restructuring negotiations valued at well over $1 billion and managing offshore construction projects valued at well over $500 million.

Highlights of David Gibbs' Career History

2005 - 2007 President, Medco Energi US LLC

Rebuilt U.S. subsidiary of a large Asian corporation after a hostile takeover and failed divestiture effort. Hired and organized new staff of 22 employees in Lafayette and Houston. Increased field count from 3 fields to 9 through a series of acquisitions and successful federal lease sale activities. Built two new platforms and associated pipelines. All activities conducted in the Gulf of Mexico.

2000 - 2005 President TDC Energy, LLC

Deployed $100 million in 37 projects returning over $250 million in net cash flow at an overall project rate of return exceeding 60%. Developed 86 BCFE net proved reserves at an all-in finding and development cost of $1.05/mcfe. Delivered proved reserves at 99% of pre-project predictions. Completed a successful merger of the company into a publicly traded competitor in April 2005.

1991 - 1992 Vice President NERCO Oil & Gas, Inc.

Built a team of 30 professionals and support staff to handle all marketing, transportation and production accounting for over 500 MMCFD and 20,000 BOPD following the purchase by NERCO of UTP?s offshore assets.

1986 - 1991, Director of Gas Marketing Union Texas Petroleum

Built a highly skilled team of specialists to problem solve technical and operations issues on a worldwide basis. Managed the divestiture of UNICON ($400 million) and the UTP offshore assets ($350 million). Led the technical team that pioneered Coal Seam Methane development in the San Juan Basin in the late 1980?s. Successfully resolved, by settlement, over $1 billion in take-or-pay claims and led the transition of the gas marketing efforts through federal deregulation.

1984 - 1986 Mosbacher Energy Company (Houston, TX)

Established the company?s operations base in Michigan, drilling 45 wells in the first year. Built 30 MMCFD gas gathering and amine treating plant in Mississippi.

1977 - 1984 The Superior Oil Company

Managed over $400 million in heavy offshore construction. Hands-on operations of company?s largest offshore asset, managing a crew of 50 men covering 24 active platforms, generating $100 million per year in revenues.

About Southern Star Energy.

Southern Star Energy has approximately 5300 acres under lease within the prospect area, which is defined by a string of ten vintage wells drilled in the 1950's. 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.

Further Information

Shareholders and prospective investors are encouraged to visit Southern Star Energy?s website: www.ssenergyinc.com to learn more about the Company and the Cotton Valley Trend. Please feel free to call investor relations at 1-800-733-2447 ext. 107 to receive a full corporate investor package.

For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751, (800) 733-2447,
Fax: (407) 644-0758, info@redchip.com

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