PETROSTAR Message Board - Msg: 24938590

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Gold/Mining/Energy : PETROSTAR

PEP 142.23

-0.9%

Jan 2 9:30 AM EST

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From: pogohere	9/11/2008 4:48:41 PM
	1 Recommendation of 50

Petrostar Continues Bakken Exploration Thursday September 11, 7:00 am ET VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2008) - Petrostar Petroleum Corporation (TSX VENTURE:PEP - News; FRANKFURT:LMQ - News; "Petrostar") is pleased to announce that it has surveyed and is applying for its 3rd and 4th well drilling permit in the Bakken Oil Play in SE Saskatchewan. The program will commence as soon as the drilling permit is received. Further details are expected to be announced shortly. The Company is currently continuing to seek out and acquire lands of interest, and Petrostar, to date, has obtained the mineral rights to 22 separate leaseholds with more expected to be acquired in the near future. The Company is currently testing its two initial wells under a tight hole policy as it continues to increase its presence in the SE Saskatchewan area. The Company is also looking at acquisitions in the SW area of Manitoba, which is also included in the Bakken Oil Play. On behalf of the Board of Directors, Robert A. Sim President and Director biz.yahoo.com

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