USA Superior Energy Holdings\' Jerry Witte Resigned Effective ...

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HOUSTON, TX -- (MARKET WIRE) -- 07/14/08 -- USA Superior EnergyHoldings, Inc. ( USSU ) (FRANKFURT: F2S) announces that Jerry Witte, Sr. VP Geology &Operations has resigned his position, effective immediately. Jerrywill remain in a very active capacity, as a third party consultantin the extended development of the Bateman Field.
ABOUT USA SUPERIOR ENERGY HOLDINGS, INC.
USA Superior Energy Holdings, Inc. is a company with excellentpotential focused on applying new technologies to oil and gasfields as well as other industries. USA Superior is composed of ateam of experts in their field, highly qualified with over 200man-years of oil and gas field experience; from finding todrilling, well completion to operations and production, to problemsolving, seasoned with success. Environmentally concerned andresponsible, responsive to project needs and specializing inspecial projects, USA Superior Energy's focus has been ondeveloping and utilizing complimentary technologies; Nitrogen (N2)and cased hole horizontal drilling. USA Superior will seek to usethese technologies independently or in combination to exploitbusiness opportunities.
Nitrogen (N2) is used to force oil out of reservoirs. It can beapplied to existing reservoirs and wellbores, thus minimizing therisk of finding 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 price environment, many existing marginal wellscan be rejuvenated into very profitable wells. The corporatewebsite is www.usa-superior.com .
This news release contains "forward-looking statements," as thatterm is defined in Section 27A of the United States Securities Actof 1933 and Section 21E of the Securities Exchange Act of 1934.Statements in this press release which are not purely historicalare forward-looking statements and include any statements regardingbeliefs, plans, expectations or intentions regarding the future.Actual results could differ from those projected in anyforward-looking statements due to numerous factors. Theseforward-looking statements are made as of the date of this newsrelease, and the company assumes no obligation to update theforward-looking statements, or to update the reasons why actualresults could differ from those projected in the forward-lookingstatements. Although we believe that the beliefs, plans,expectations and intentions contained in this press release arereasonable, there can be no assurance that such beliefs, plans,expectations or intentions will prove to be accurate. Investorsshould consult all of the information set forth herein and shouldalso refer to the risk factors disclosure outlined in our recentcurrent reports on Form 8-K, our annual report on Form 10-KSB, ourquarterly reports on Form 10-QSB and other periodic and currentreports filed from time-to-time with the Securities and ExchangeCommission.