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
|CLM15.NYM||Crude Oil Jun 15||11:07pm - 57.45||+0.19|
|NGM15.NYM||Natural Gas Jun 15||5:14pm - 2.885||-0.064|
|HOM15.NYM||Heating Oil Jun 15||4:45pm - 1.9573||-0.0286|
|RBM15.NYM||RBOB Gasoline Jun 15||5:04pm - 2.068||-0.014|
|BNO||United States Brent Oil Fund, L||4:00pm - 23.59||-0.35|
|USDCAD=X||USD/CAD||6:43am - 1.2283||+0.0000|
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”) wishes to announce that the Board proposes to change the name of the Corporation to "Cerus Energy Group Ltd. or such other similar name as the Board, in its sole discretion, deems appropriate.
Petrostar Petroleum Corporation (“Petrostar” or “the Company”) is pleased to provide an update relating to the arrangement that was announced on December 12 2014 where Mako Well Services a non-arms length company has committed to the fabrication and supply of surface equipment for a Class 1B Disposal Facility that is yet to be named.
Petrostar Petroleum Corporation (“Petrostar” or “the Company”) would like to advise shareholders and prospective investors that the Company is utilizing the services of Bruce Scafe as interim CFO. The Company is actively pursuing a service professional to fill the role of CFO for the company and hopes to make announcement soon.