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USA Superior Energy Holdings, Inc. (USSU.OB) is oil and gas enhanced recovery (EOR) and drilling company focused on shallow well oil and gas fields in Texas. USA Superior is composed of a team of seasoned experts in their field, with over 50 man-years of oil and gas and shallow well field experience of reworking, stimulation, finding, drilling, horizontally drilling and well completion operations and production. USA Superior currently owns all of its projects but will joint venture or have working interest relationships when appropriate. To maximize production, USA Superior Energy's also provides complementary technologies including specialized work over technologies, shallow well cased hole horizontal drilling applications and the utilization of portable Nitrogen (N2) applications. USA Superior uses these technologies as is appropriate to enhance older oil field business opportunities. Cased Hole Horizontal Drilling (CHHD) is an emerging drilling application that can significantly increase the "communication" from the wellbore to the fluids in the reservoir. Nitrogen (N2) is used to force oil out of reservoirs. It can be applied to existing reservoirs and wellbores, thus minimizing the cost and risk of finding oil and gas. With the current price environment, large blocks of existing older well fields can be rejuvenated into very profitable wells at low cost and high margins with new technology.
| Aug 07, 2008: News Releases: USA Superior Energy Holdings Signs LOI With Hunt G... Jul 14, 2008: News Releases: USA Superior Energy Holdings' Jerry Witte Resigned... Jun 12, 2008: News Releases: USA Superior Energy Holdings Expanding Production ... |