Superior Oil and Gas Co. Announces First Producing Well.

YUKON, Okla. -- Superior Oil and Gas Co. (OTCBB:SIOR) announces its first producing oil and gas well, the Lonesome River #1 located in Blaine County, Oklahoma. The well is producing from the Viola zone at 8,800 feet, and the initial production test shows it capable of 48 barrels sweet oil and 397,000 cubic feet of natural gas per day. After cleaning up the Viola, Superior will then complete the Hunton and Mississippi zones at 7,810 feet and 8,420 feet respectively. In addition, Superior should complete (weather permitting) its Windy Vista #1 well in Garfield County, Oklahoma by the end of this week says Dan Lloyd, President of Superior.

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,' 'estimate,' '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.