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
|CLX14.NYM||Crude Oil Nov 14||Oct 21 - 83.05||+0.24|
|NGX14.NYM||Natural Gas Nov 1||Oct 24 - 3.631||+0.009|
|HOX14.NYM||Heating Oil Nov 1||Oct 24 - 2.485||-0.014|
|RBX14.NYM||RBOB Gasoline Nov||Oct 24 - 2.1858||-0.0211|
|BNO||United States Bre||Oct 24 - 34.17||-0.20|
|USDCAD=X||USD to CAD||7:03am - 1.1235||N/A|
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.
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Petrostar Petroleum Corporation (“Petrostar” or “the Company”) is very pleased to announce that Maverick Northstar has been granted a technology licence extension to incorporate methanol dehydration. The technology is designed to process methanol feedstock into Dimethyl Ether also known as DME or methoxymethane.
Petrostar Petroleum Corporation ("Petrostar" or "the Company") is very pleased to announce that it’s wholly owned subsidiary LOMAC Canada Ltd. has completed its Phase I work program at the company’s tank farm and warehouse facility located in Aldersyde, AB.
Petrostar Petroleum Corporation ("Petrostar" or "the Company") is proud to announce that LOMAC Canada Ltd. a wholly owned subsidiary of Petrostar has initiated and completed the first commercial sales of methanol and chemical product in Western Canada.
Petrostar Petroleum Corporation (“Petrostar” or “the Company”) wishes to announce that company has entered into two debt settlement agreements dated September 24, 2014 in order to settle an additional $358,795.15 in outstanding debt through the issuance of 3,986,613 Petrostar common shares at deemed prices of $0.09 per share.