Petrostar Petroleum Corp. ("Petrostar" or the "Company") wishes to announce that, further to the Company's news release dated September 17, 2013, it has closed a non-brokered private placement of 378,332 units at a price of $0.15 per unit for total proceeds of $56,749.80 (the "Private Placement"). Each unit consists of one common share and one full [...]
Petrostar Petroleum Corp. ("Petrostar" or "the Company") wishes to announce that it has opened a Non Brokered Private Placement. Each unit will consist of one common share at a price of $0.15 cents per share and one full share purchase warrant exercisable at a price of $0.25 cents for a period of one year. The Company plans to offer up to 2,666,666 [...]
August 19, 2013, Vancouver, BC - Petrostar Petroleum Corp. (TSX-Venture: PEP; "Petrostar" or "the Company") wishes to announce the granting of 3,250,000 incentive stock options to its directors and officers and consultants. The options will have a 5-year term and an exercise price of $0.12. The market price at the close on August 16, 2013 was [...]
August 16, 2013 - Vancouver, BC - Petrostar Petroleum Corp. ("Petrostar" or "the Company"; TSXV:PEP) has filed its financial statements and MD&A for the 6 months ended June 30, 2013. These documents can be found on the Company's web site at www.petrostarpetroleum.com or on Sedar at www.sedar.com. Management is pleased to report a net profit of [...]
August 14, 2013 - Vancouver, BC - Petrostar Petroleum Corp. ("Petrostar" or "the Company") announces that its head office is moving to Nanton, Alberta. The new mailing address will be: Box 1284 Nanton, Alberta T0L 1R0 Canada R.M. Loree, Petrostar Petroleum CEO stated: "The move of the corporate headquarters is an important shift for [...]
Petrostar Petroleum announces that it has executed a surface land lease agreement for Farrow Distillation Corp.'s modular refining site in Alberta, Canada. Farrow Distillation is the Company's 100% wholly owned subsidiary. The original option to lease was signed by the Company and announced March 1, 2013. About Petrostar Petroleum Corp [...]
August 6, 2013 - Vancouver, BC - Petrostar Petroleum Corp. (TSX-Venture: PEP; "Petrostar" or "the Company") announces that it has issued a formal letter to Nepco LLC of Cheyenne, Wyoming terminating the Joint Venture Partnership. The agreement was initially announced November 12, 2012 with an extension announced May 16, 2013. The extended [...]
August 6, 2013 - Vancouver, BC - Petrostar Petroleum Corp. (TSX-Venture: PEP; "Petrostar" or "the Company") is pleased to announce that it will proceed with the development of Farrow Distillation Corp., independently, and will hold 100% of its common shares. The Company is currently working on the permitting and licensing of the facility site to [...]
June 28, 2013 - Vancouver, BC - Petrostar Petroleum Corporation (TSX-Venture: PEP; "Petrostar" or "the Company") held its Annual General Meeting on June 26, 2013 in the boardroom at 1220 - 800 West Pender Street, Vancouver, BC at 10:00am. The meeting was called to order with a substantial quorum achieved.
May 27, 2013 - Vancouver, BC - Petrostar Petroleum Corporation (TSX-Venture: PEP; "Petrostar" or "the Company") is pleased to announce that it has closed the sale of its Lashburn Heavy Oil property SE1/4 15-48-24W3. As announced on May 16, 2013, Petrostar has accepted and closed the offer to purchase from Elkwater Resources Ltd. The closing of [...]
May 24, 2013, Vancouver, BC - Petrostar Petroleum Corp. (TSX-Venture: PEP, "Petrostar" or "the Company") is pleased to announce that it has executed a Letter of Intent with a private oil and gas producer to divest certain P&NG assets.
May 16, 2013, Vancouver, BC - Petrostar Petroleum Corp. (TSX-Venture: PEP, "Petrostar" or "the Company") is pleased to announce that it has received an offer to purchase its Lashburn heavy oil property in Saskatchewan (SE/4 15-48-24W3). A private oil and gas company out of Calgary, Alberta presented the Company with a cash offer of $110,000.
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