Petrostar Petroleum Corporation

Petrostar Petroleum is an emerging energy company focused on the development and expansion of strategic business segments in Canada and the USA. The company is working diligently to diversify its portfolio through the development of operating entities focused on three specific market segments: P&NG Exploration & Production, Modular Refining & Processing Plants, and Micro Power Generation.

The objective of the three market segments is to provide a fully integrated platform for Petrostar to maximize profits and develop its portfolio while minimizing associated market risks to the mother company. Each segment is focused on niche developments that complement each other's objectives and operations.

Futures and Commodities

CLF13.NYM CLF13.NYM N/A - 0.00 N/A
HOG13.NYM HOG13.NYM N/A - 0.00 N/A
BNO United States Bre 1:37pm - 38.52 -0.66
NGF13.NYM NGF13.NYM N/A - 0.00 N/A
RBF13.NYM RBF13.NYM N/A - 0.00 N/A
USDCAD=X USD to CAD 2:13pm - 1.1033 N/A
BNO United States Bre 1:37pm - 38.52 -0.66

Mission Statement

Petrostar Petroleum Corporation (TSX-Venture: PEP.V) is a Canadian-based energy company committed to providing sustainable growth and value to the shareholders through progressive investment and development of niche market plays. Our network of operations provides our investors a vertically and horizontally integrated portfolio focused on maximizing commodity value.

The long term objective of the Company's management is to aggressively seek niche development opportunities in P&NG extraction, electrical markets and processing and refining operations. The policy of the Company is to lower shareholder's risk exposure through the development of operating entities providing a platform for the development and expansion in each market segment of interest: P&NG Exploration & Production, Modular Refining & Processing Plants, and Micro Power Generation.

Market News Related to Petrostar's Objectives

Full pipelines to cut into Canadian oil producers' profits

Canada's independent oil producers may face months of depressed earnings and weak share prices as they jockey for space on the country's over-full oil pipelines...

Source: Reuters, Financial Post

Sturgeon Oil Refinery Backers Swim Against The Current

With plans for North America's first major new refinery in about 30 years, its supporters are betting there's more money to be made by processing crude in Alberta than shipping...

Source: The Globe and Mail

Embattled oil producers quietly eye rail option

"Pipelines can't touch the capacity of the railway", says advocate of shipping crude via train.

Source: The Globe and Mail

Subscribe to our mailing list

* indicates required

News Release

August 7, 2014 - Nanton, AB

Petrostar Closes LOMAC Canada Ltd. Acquisition

Petrostar Petroleum Corporation (“Petrostar” or “the Company”) is very pleased to announce that it has closed the acquisition of 100% of all shares in LOMAC Canada Ltd. The acquisition was previously announced as a Letter of Intent on April 30th 2014 and followed by a Definitive Agreement announced on June 4th,2014.

July 9, 2014 - Nanton, AB

Petrostar Receives Development Permit

Petrostar Petroleum Corporation ("Petrostar" or "the Company") is very pleased to announce that the Municipal District of Foothills has approved and granted the Development Permit required to operate the company's leased Tank Farm and Research Facility.

July 8, 2014 - Nanton, AB

Petrostar CEO'S Address

Petrostar Petroleum Corporation ("Petrostar" or "the Company") is very pleased to offer this important address from company CEO Mr. Mackenzie Loree. Click here for more details.

June 30, 2014 - Nanton, AB

Petrostar Announces Results of AGM

Petrostar Petroleum Corporation (TSX-Venture: PEP; "Petrostar" or "the Company") held its Annual General Meeting on June 25th, 2014 in the boardroom at Lot #26 82nd Street, Aldersyde, AB. at 1:00 PM. The meeting was called to order with a substantial quorum achieved.

June 4, 2014 - Nanton, AB

Petrostar Executes Definitive Agreement for LOMAC Aquisition, Submits CBV

Petrostar Petroleum Corporation ("Petrostar" or "the Company") is pleased to announce the execution of a Definitive Agreement for the Acquisition of 100% of the shares of LOMAC Canada Ltd. as previously announced as a Letter of Intent on April 30th, 2014. The acquisition will provide Petrostar with a multi year lease on a tank farm/tank terminal facility which includes an ASTM quality control testing laboratory and offices located in the M.D. of Foothills, Alberta.

June 3, 2014 - Nanton, AB

Petrostar Launches Maverick Northstar Website

Petrostar Petroleum Corporation ("Petrostar" or "the Company") announced today the official launch of website for the company's joint venture company Maverick Northstar. The joint venture between Petrostar and Maverick Synfuels was previously announced through a Memorandum of Understanding on May 15th,2014. The website designed by Rhodium Interactive of Calgary can be viewed at www.mavericknorthstar.com.

May 15, 2014 - Nanton, AB

Petrostar Executes MOU with Maverick Synfuels for GTL Joint Venture

Petrostar Petroleum Corporation ("Petrostar" or "the Company") is very pleased to announce the execution of a formal MOU (Memorandum of Understanding) to form a Joint Venture entity between Petrostar and Maverick Synfuels of North Carolina, USA. The Joint Venture is to facilitate the development and operation of GTL (gas-to-liquids technology) in the Canadian Provinces of Alberta, British Columbia and Saskatchewan.

View All News Releases