Silver Star Energy has begun implementing its strategy and expects to begin commercial gas sales from its North Franklin property next month. NaturalGasStocks.com, an investor news and industry research portal, does not make recommendations, but offers investors news, articles, and recent research.
"With over 50 years of combined leadership and operational experience, SilverStar's management is focused and committed to effective development of the resource exploration, corporate development, and financial governance required to build a truly growth-oriented business entity," said company president Robert McIntosh.
Silver Star entered the gas market at a time when gas supplies are expected to remain tight through at least 2008, when the first wave of new LNG imports are expected to arrive on U.S. shores. Some experts predict that gas will outpace oil over the next decades as a preferred fuel, which is good news for gas producers such as Silver Star.
Publication date: 10/11/2004