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Superior Oil and Gas Co. Reworking Its Lonesome River A No. 1 Well

Posted on: Monday, 25 February 2008, 09:01 CST

Superior Oil and Gas Co. (OTCBB: SIOR) is reworking its Lonesome River A No.1 Well that is located in Logan County, Oklahoma, announced Dan Lloyd, President of Superior. "We believe we can increase our oil and natural gas production we initially obtained, by fracture stimulating the current zones," Lloyd said. "This well is located adjacent to the Logan County lease where SIOR recently drilled the Chickie No.1 Well and the Gayla No.1 Well. These wells are currently being completed as producing wells. The Lonesome River A, formally the Lindsey No.1, has to date produced 360 million cubic feet of natural gas and 10,000 barrels of oil in the Mississippi Zone," Lloyd said.

This Press Release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as 'expect', 'anticipate', 'believes', 'plans' and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Superior's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements.

Source: Business Wire

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