Harrah's Entertainment's Executive Tom Jenkin Joins Superior Oil and Gas Co. as an Advisory Director


YUKON, Okla., Aug. 1, 2006 (PRIMEZONE) -- Dan Lloyd, president of Superior Oil and Gas Co. (OTCBB:SIOR) announced that Tom Jenkin, President of Harrah's Entertainment, Inc.'s Western Division, which encompasses the company's 14 casino properties, which include Harrah's, Caesar's, Horseshoe, Bally's, Flamingo, Grand Casino Resort, Harvey's, Paris, and Shoeboat hotels including the World Series Of Poker in Nevada, Arizona and California, has joined Superior as an Advisory Director.

Jenkin joined Harrah's in 1975 as a fry cook at Harrah's Las Vegas. In 1993, he was promoted to Senior Vice President and General Manager of Harrah's Laughlin, and five years later, he was named Senior Vice President and General Manager of Harrah's Las Vegas. Jenkin assumed oversight of the Rio and Harrah's Laughlin in 2001 and 2002, respectively, before being named to his current position in January 2004.

"Tom Jenkin will be an important member of our management and consulting team," Lloyd said. "He has extensive contacts with persons throughout the USA and the world, persons that can help Superior in today's oil and natural gas industry. We are delighted that he agreed to join us in an advisory capacity."

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.



            

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