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Thu, October 29, 2009
[ Thu, Oct 29th 2009 ] - Market Wire
St. Elias Hires New CFO

Drilling Rig Has Arrived and Commenced Drilling on the Eberle #1 Well


Published on 2009-10-29 06:10:35 - Market Wire
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VANCOUVER, WA--(Marketwire - October 29, 2009) - Green Star Energies, Inc. (PINKSHEETS: [ GSRE ]) is pleased to announce that the rig arrived earlier this week in Bastrop County, Texas at the Eberle #1 worksite. Since its arrival work has already commenced on the well, moving it into production.

The Eberle is on the outskirts of the Giddings Field and is in close proximity to Anadarko Petroleum's Central Texas operations which are considered to be the most prolific in that region. A report created by Anadarko Petroleum engineers reflect that the Northwest portion of the Giddings Field as being the most productive with current technology. Both Green Star's and Anadarko's wells are within this section.

The work to complete the Eberle #1 as an oil well is expected to take up to two weeks. After the rig has reached its target depth and the well has been finished we will enter the production phase of this project. Consistent updates will be made available as reports are presented by the operator to Green Star Energies. Yesterday, President Brandon Toth surveyed the Eberle #1 progress and took the following pictures:

[ http://www.greenstarenergies.com/eberle_photos.html ]

"I am very excited to be able to see our hard work start to pay off with the Eberle #1. I am meeting with some investors over the next few days to show them a glance at some of the onsite activities and want to extend my invitation to anyone who is interested in meeting with me. Due to the expedited activities, shareholders should expect a series of updates as work continues to near completion in the coming days," stated President Brandon Toth.

ABOUT GREEN STAR ENERGIES, INC.

Green Star is an energy company with interests in oil and gas development and production. Green Star follows an aggressive business model, focusing on redevelopment of oil and gas fields with a history of production, and also, exploration of green projects and businesses such as biodiesel and wind power. Please visit our brand new website: [ http://www.GreenStarEnergies.com ].

Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by Green Star Energies, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the Oil and Gas Industry, plans for expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated. Please read the full disclaimer here: [ http://www.GreenStarEnergies.com/disclaimer ].