USA Superior Energy Holdings

With oil over $100 a barrel new extraction technologies are more important than ever. The United States is blanketed with older oil wells which were not worth upgrading when oil was at $30. In the current market these wells are in the spotlight. With a simple high tech refitting these wells can increase their production many times over.

Our spotlighted company this week is in the thick of this highly lucrative business. Here is one you do not want to miss. We also suggest that you visit their website and download a Free Research Report.

USA Superior Energy - USSU
Currrent : $0.58
Tarrget : $2.70

Positive in the shoort teerm on News.

USA Superior Energy Holdings, Inc. is a company with excellent potential focusing on applying new technologies to oil and gas. USA Superior is composed of a team of experts in their field, highly qualified with over 200 man-years of oil and gas field experience; from finding to drilling, well completion to operations and production, to problem solving, seasoned with success.

USA Superior Energy's focus has been on developing and utilizing complementary technologies; Nitrogen (N2) and cased hole horizontal drilling.

Nitrogen (N2) is used to force oil out of reservoirs. It can be applied to existing reservoirs and wellbores, thus minimizing the costs associated with extracting oil and gas. Cased Hole Horizontal Drilling (CHHD) is a new emerging technology that can significantly increase the "communication" from the wellbore to the fluids in the reservoir. With the current environment, many existing marginal wells can be rejuvenated into very profitable wells.

Part of the USSU business model involves acquiring under-performing wells and boosting production. Here is news that came out after the closing bell on Friday:

Bateman Oil Field Productivity Update
Friday February 29, 8:30 pm ET

HOUSTON, TX - Feb 29, 2008 - USA Superior Energy Holdings, Inc, a company focused on the application of new technologies to increase volume and production in oil and gas wells, is providing an update of the eighth week in utilizing the company's workover rig program.

As previously announced the company has 88 producing wells on approximately 1,200 acres on which the company is performing a two phase productivity improvement program. The first phase, known as the stimulation phase, has been completed on 42 of the 88 wells. The 42 wells that have been stimulated are generating an average of more than 30 barrels per day as compared to the 20 barrels per day average produced prior to stimulation.

This segment has provided sales of 1,600 barrels of crude for the month of February despite having a portion of the unstimulated wells in an unproductive state for 11 days while a workover rig was not in operation. The total crude sales for January were just over 600 barrels. The substantial increase in productivity and resulting sales have prompted the company to
begin the process of deploying a second workover rig. The company, as planned, has initiated its chemical program to remediate paraffin giving further stimulus to the company's daily production.

To some this may seem a bit technical, but to those who get in on USSU it is music to the ears. The potential for this technology and business model cannot be overstated. USSU is a major opportunity.

Directorate made an apparent reference to the popes September remarks that linked violence and the Prophet Muhammed The so-called conviction that the sword is used to expand Islam in the world and growing Islamophobia hurts all Muslims Bardakoglu said In his speech Benedict quoted two previous pontiffs including his predecessor Pope John Paul II who referred to the spiritual bonds between Christianity and Islam in a 1979 speech in Ankara
He also quoted Pope Gregory VII an 11th-century pontiff who talked about the charity that
Christians and Muslims owe each other because we believe in one God albeit in a different manner
On his arrival at Ankara airport for a four-day visit the pope told Prime Minister Recep
Tayyip Erdogan: I really wanted to come to Turkey because Turkey has become a bridge between the religions
I want to reiterate the solidarity between the cultures the pope said This is our duty
(Watch the pope meet officials in Ankara )
In his first official act Benedict visited the mausoleum of Mustafa Kemal Ataturk the
founder of modern Turkey In a guest book he wrote that Turkey is a meeting point of different religions and cultures and a bridge between Asia and Europe
Later Tuesday while addressing Turkeys diplomatic corps the pope heralded the countrys
role in the UN peacekeeping force in southern Lebanon
He also touched on the importance of religious freedom saying members of all religions
should enjoy the same rights and recognition in their home countries
Our world must come to realize that all people are linked by profound solidarity with one
another and they must be encouraged to assert their historical and cultural differences not for
the sake of confrontation but in order to foster mutual respect he said
Benedict arrived in the Turkish capital earlier Tuesday under tight security
Police lined the highway leading to Ankara from the airport where Turkish and Vatican flags
waved in a light breeze The Associated Press said
Snipers climbed atop buildings and hilltops In wooded areas along the route soldiers