Oil And Gas Truths

SUPERIOR OIL AND GAS COMPLETES TWO WELLS


CALUMET, Okla., Sep 25, 2008 (BUSINESS WIRE) -- Superior Oil and Gas Co. has completed and placed on production two wells, the Chickie #1 and the Gayla #1, located in the Eddington Field in Logan County, Oklahoma, announced Dan Lloyd, Jr. Director of Operations for Superior. Both wells are producing oil and natural gas from the Mississippi and Oswego Formations. Superior is looking forward to further development of the additional acreage held in this field, 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 resources and produce its resources among other issues. We undertake no obligation to publicly update any forward-look statements for any reason, either if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements.

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