PETROSTAR -Börsenstar?

http://www.vantagewire.com/quotes/viewquote/PEP:CA  

24.06.09  17:03 Uhr

0,10 CAD

+25,00 %  [+0,02]  

June 24th, 2009
Category: News Releases
Farmout Agreement Announced… Private Placement Completed…

Petrostar Petroleum Corporation (TSX-Venture: PEP, Frankfurt: LMQ; “Petrostar” or the “Company”) announces that:

The TSX Venture Exchange has accepted for filing a non-brokered private placement of 2,165,000 units (the “Units”) of the Company at a price of $0.08 per unit for a total of $173,200.00. Each unit will consist of one share (a “Common Share”) in the capital of the Company and one non-transferable share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share of the Company for a period of two years following the closing date at a price of $0.10 per share in the first year and $0.12 per share in the second year. The private placement is subject to a 4-month hold period.

Petrostar Enters Into Farmout Agreement With Five O Oil & Gas Ltd.

The Company announces that it has entered into a farmout agreement with Five O Oil & Gas Ltd., a private company located in Lloydminster Alberta as farmee. Under the terms of the agreement, Five O will farm in to fund a recompletion program on Petrostar\’s A7-15-48-24W3M lease near Lashburn, SK. The program will entail a recompletion program whereby the well will be re-entered and completion in the Sparky Zone at 567.5 meters attempted. Upon successful completion and sustained production, Five O will earn a 50% working interest in the 160 acre leasehold. The program is scheduled to be completed on or before august 15, 2009. More information regarding the start up date will be announced when available.

More information is available on the Company website at www.petrostarpetroleum.ca.

On behalf of the Board of Directors,

Robert A. Sim
President and Director

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=pep  

NEWS RELEASE
JULY 2, 2009

Petrostar Receives Canadian Industrial Design Registration from Canadian Patent Office for Its ETH Zero CO2 Technology...

Petrostar Petroleum Corporation (TSX-Venture: PEP, Frankfurt: LMQ; "Petrostar" or the "Company") announces that on June 17, 2009 it has received from the Canadian Patent Office, Industrial Design Registration (#128039), and protection for its proprietary ETH (Electric Tank Heater) technology.

The ETH unit is capable of replacing current burner tube tank heating devices and has a zero CO2 emission signature as well as the potential of reducing operating costs by using power generated from top drive motors and eliminating the fuel requirements of the burner units for those batteries that are not running on electricity. The ETH technology is currently CSA compliant for field replacement and is currently undergoing testing to receive CSA mass approval for installation at the manufacturing and construction stage. The CSA tests, (Flameproof, Hydrostatic and Explosion Pressure Tests), are expected to be completed by mid July with approvals anticipated shortly thereafter. The Company has made a number of initial contacts with production and sales tank suppliers and manufactures to introduce the product to them as an alternative to the current burner tube installations.

The Company will also produce and make available a dual ETH control panel which will allow 2 units to be run in tandem and incorporate a power phase control that supplies power on a rotating basis to the heating unit. This provides a better distribution of heat to the tank and circulation of the emulsions stored within them.

The Company has also measured and monitored the reduction of CO2 that is produced by tank units that are currently using the burner tube equipment to maintain production and sales tank heating.

The burner tube systems using propane or natural gas fuels produce quantities of CO2 in the range of 14kg-25kg/day into the atmosphere whereas the ETH produces zero. This may be the most important factor in making this system a valuable commercial product. The reduction of CO2 emissions is and will become increasingly important as regulatory agencies will seek to impose penalties on those who do not voluntarily reduce their emissions.

On behalf of the Board of Directors,

Robert A. Sim

President and Director  

http://www.wallstreet-online.de/diskussion/...nentdeckter-oelexplorer

http://www.petrostarpetroleum.ca/investors.php

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=pep  

Most Recent Trades
Time         Price    Change #Shares        Buyer        Seller
11:37:27  0.07   -0.01   5,000             79 CIBC       58 Qtrade
11:37:27  0.07   -0.01   12,000        9 BMO Nesbitt 58 Qtrade
11:22:16  0.075 -0.005 5,000           79 CIBC          7 TD Sec
10:58:21  0.075 -0.005 30,000         33 Canaccord 7 TD Sec
10:47:19  0.075 -0.005 5,000  7          TD Sec         7 TD Sec
10:40:37  0.075 -0.005 12,000            79 CIBC       7 TD Sec
10:22:42  0.075 -0.005 30,000          79 CIBC         7 TD Sec
10:22:42  0.075 -0.005 70,000         79 CIBC          88 Scotia iTRADE
10:21:20  0.075 -0.005 10,000         79 CIBC          88 Scotia iTRADE
10:16:10  0.07 -0.01 38,000        9 BMO Nesbitt      88 Scotia iTRADE  

Dear Petrostar Shareholders,

We would like to bring to your attention that tomorrow morning is the closing time to vote your proxies and we hope that all shareholders will do so.

We are also pleased to update you on the Lashburn drilling project, which is scheduled to commence later this week, weather permitting. The CSA approval for sale and production of its tank heater is expected later this month. Cash flow and production is also improving monthly on its Maidstone leases.

On behalf of the Board of Directors,

Robert A. Sim

President and Director  

 

Mr. Bruce Scafe reports

PETROSTAR PETROLEUM CORP. ELECTS NEW PRESIDENT; ELECTRIC TANK HEATER APPROVAL; BAKKEN WELL UPDATE

Petrostar Petroleum Corp.'s current board of directors was re-elected at the company's annual general meeting held on July 17, 2009. The board of directors has elected Bruce Scafe as president and chief executive officer of the company. William Stafford and Salvatore Giantomaso were re-elected as directors to the board, and Robert A. Sim was elected director and chief financial officer.

Update CSA approval for electric tank heater

On July 16, the company received verbal confirmation from Valex Manufacturing Inc., the CSA submitter on behalf of Petrostar Petroleum, that the electric tank heater unit has successfully completed CSA safety standards mass approval testing. CSA certificates will be issued to the company within three weeks. The company has been in discussions with prospective buyers during this time to initiate sales and will now be able to increase its activity in this area. Additionally, the company has been informed that it has received its updated filing receipt from the United States Patent & Trademark Office.

Bakken exploration program

The company is planning to return to perform completion work on its 01-26-014-31W1M well drilled in the vicinity of Moosomin, Sask. Subject to results, the well will be placed on production or will be re-entered and directionally drilled an additional 50 metres to 100 metres into the formation at some future date. The company is currently conducting a geological review of its Bakken leaseholds, prior to pursuing joint venture partners for future development on its 100-per-cent-owned leases located in southeast Saskatchewan and southwest Manitoba.

Additional information is available at the Petrostar web site at petrostarpetroleum.ca or toll free at 877-737-8864.

On behalf of the Board of Directors,

Bruce Scafe

President and Director  

Petrostar Petroleum arranges $400,000 private placement

2009-08-05 17:49 ET - News Release

Mr. Robert Sim reports

PETROSTAR ANNOUNCES $400,000 PRIVATE PLACEMENT

Petrostar Petroleum Corp. plans to issue, through a non-brokered private placement, up to five million units of the company at a price of eight cents per unit for total proceeds of $400,000. Each unit will consist of one common share in the capital of the company and one non-transferable share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share of the company for a period of two years following the closing date at a price of 10 cents per share in the first year and 12 cents per share in the second year.

The private placement is subject to the acceptance of the TSX Venture Exchange and all shares issued thereunder will be subject to a four-month hold period.

We seek Safe Harbor.


TV / Video auf wallstreet:online  

Petrostar Petroleum vermittelt 400.000 Dollar Private Placement

2009-08-05 17:49 ET - News Release

Herr Robert Sim Berichte

PETROSTAR KÜNDIGT $ 400,000 PRIVATE PLACEMENT

Petrostar Petroleum Corp beabsichtigt, durch eine nicht vermittelte private Platzierung von bis zu fünf Millionen Einheiten des Unternehmens zu einem Preis von acht Cent pro Einheit für die gesamte Erlös von $ 400.000. Jede Einheit besteht aus einem gemeinsamen Anteil am Grundkapital der Gesellschaft und einem nicht übertragbaren Aktien-Warrant. Jeder vollständige Warrant berechtigt den Inhaber zum Kauf einer zusätzlichen Stammaktie des Unternehmens für einen Zeitraum von zwei Jahren nach Ablauf der Frist zu einem Preis von 10 Cent je Aktie im ersten Jahr und 12 Cent pro Aktie im zweiten Jahr.

Die private Platzierung unterliegt der Annahme der TSX Venture Exchange und alle Aktien, die daraus wird eine vier-Monats-Zeitraum halten.

Wir suchen "sicheren Hafens".

 
TV / Video auf wallstreet: online  

northern equity research September northernequity.com 2009 page 1
PEP
Bakken Prospects
With new large discoveries in North
Dakota and the merger of Petrobank
and Tristar to form Petrobakken in
Canada interest in the Bakken area
of SE Saskatchewan and Manitoba
has increased dramatically. This
bodes very well for Petrostar as the
company holds over 7 sections of
land in various spots in the Bakken.
The Company’s A1-26 well, which
was drilled last fall, looks promising.
The Company has reviewed all information
and consulted with independent
advisors on re-entering the
well and making necessary adjustments
to enable the start of production.
With the new, increased
activity in the region Petrostar management
has been actively seeking
joint venture partners to start exploration
on some of the Company’s
many properties. When looking at
the maps, some of the Company’s
holdings are in between or surrounded
by activity of other companies
who are having success.
Management believes it won't take
too long to find and secure financing
or do a deal with a partner to further
explore these properties.
Lashburn and Maidstone Fields
Currently management is reviewing
both of the Company’s operations at
Lashburn and Maidstone,
Saskatchewan. Both fields were
hampered by low oil prices over the
fall and winter. Now with oil prices
back above $60.00 per barrel management
is looking at ways to enhance
productivity out of both these
fields. As announced earlier we partner
with Five 0 Oil a small private
company to re-enter the Company’s
A7-15 well at Lashburn to open up a
new zone called the Sparky which
had not been exploited from this
well. This effort has been successful
and we are now testing flow and
cleaning out any sand buildup in
order to put on production. At the
Company’s Maidstone field the same
review is being carried out, other
companies just to the south of the
Company’s field have been having
success exploiting new higher zones.
Petrostar will review all of the Company’s
wells and select wells, which
show this same zone and look to
permitting the opening of these
zones. This could significantly increase
production at a reasonable
cost to the company.
ETH Electric Tank Heater and
DHT Down Hole Heating Tool
ETH-Petrostar as announced earlier
has received CSA approval for its
ETH Electric Tank Heater Technology.
Since then management has
been actively seeking out distributors
and tank manufacturers to distribute
and implement the
Company’s product into the market
place. Talks are ongoing with two
such companies. The plus for the
Petrostar, Atocha update
Petrostar Petroleum Corp.
Price: 0.08
TSX-V: PEP
Shares O/S 91.5 milion
contact: Bruce Scafe
877 737-8854
petrostarpetroleum.ca
Atocha Resources Inc
Price: 0.12.5
TSX-V: ATT
Shares O/S 14.3 million
contact: Salman Jamal
604 696-1111
atocharesources.com
Bulletin ALERT
northern equity research September northernequity.com 2009 page 2
Company’s customers will be lower
operating cost than natural gas with
no CO2 emissions from the unit.
Management believes that in time
Petrostar can capture a substantial
portion of this large market with the
Company’s technology.
DHT-Petrostar made its first commercial
sale of the DHT Down Hole
Heating Tool to Oilsands Quest on
May 12 2009. Petrostar continues to
work on modifications to the DHT
for use in heavy oil deposits and
other possible uses including waxing
issues in light waxy oil. Many inquiries
have come in from all over
the world regarding the DHT with
each one requiring specific needs
under different conditions.
Other Progress
Petrostar is currently in final stages
of negotiations to hire under contract
a Petroleum Engineer. As part
of an ongoing review process of the
Company’s oil operations management
feels it critical to have this expertise
on staff at this time. In the
past Petrostar has used professional
consultants as needed. Now management
would like to have this person
available to the company on a
regular basis.
ATT
Atocha Resources Inc.(ATT: TSX
Venture) made news as one of only
a handful of junior resource companies
to complete an initial public offering
on the TSX Venture Exchange
this year. As such, it represents a rare
ground floor investment opportunity,
with fewer than 15 million
shares outstanding and a prospective
gold/copper/silver property under
exploration. Moreover, with share
prices currently in the 0.15 range,
ATT offers the kind of upside that
ought to attract junior resource investor
attention.
Atocha has announced an initial
work program on the McGillivray
property located 34 kilometers
southeast of Lillooet, British Columbia—
a property well served by roads
and power. The McGillivray consists
of 235 claim cells totaling 4,646
hectares, acquired by staking in
2005 and later, to cover an historical
copper porphyry target property
with a large gossanous alteration
zone to explore for its precious
metal potential.
The property is located near the recently
discovered epithermal precious
metal Skoonka Creek
property. The McGillivray claims
cover ground originally staked in the
1940s.
Previous work in the area covered by
the property outlined large zones of
hydrothermal alteration and anomalous
copper in soil geochemistry at
the time when the focus of much exploration
was toward porphyry copper
targets.
Management has considerable experience
in developing junior exploration
companies, and Atocha has
recently added two new additional
gold projects (one in northern
British Columbia and the other in
Ontario within the Detour Mine
Camp (DGC: TSX Exchange))
under advantageous terms at this
time in the market cycle. These very
recently acquired projects are still
subject to TSX Venture Exchange
approval and more information is expected
in the coming weeks.
Bulletin ALERT
northern equity research September northernequity.com 2009 page 3
Given the fact that it remains one of
the few new listings on the TSX
Venture Exchange this year, Atocha
will remain a story to follow. ¶
DISCLAIMER & RISK DISCLOSURE: Northern Equity Research makes no offer or solicitation of an offer to buy or sell securities
mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy nor
the statements made herein. Neither the publisher nor the Editor are registered investments advisors. Subscribers should not
view this publication as offering personalized legal or investment advice. Unauthorized reproduction of this newsletter, or its
contents, by Xerography, facsimile, or any other means is illegal and punishable by law. NOTE TO OUR READERS: Given the nature
of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly
speculative and carries a high degree of risk. Northern Equity Research does not act as an investment advisor or advocate the
purchase or sale of any security or investment. Investments profiled in this publication should be made only after consulting
with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. Most
of the companies we cover provide compensation for profile coverage. Total compensation paid for this issue -NIL-.
About Northern Equity Research
Northern Equity Research covers emerging ventures in resource markets. We provide independent
research and reporting on junior resource, exploration and development, mining and energy microcap
stocks.
To receive ongoing updates and new releases, join our list at this link
http://northernequity.com/...ption=com_user&task=register#content  

http://www.wallstreet-online.de/diskussion/...nentdeckter-oelexplorer

http://www.petrostarpetroleum.ca/investors.php

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=pep  

http://www.sachwert-blog.de/wp-content/uploads/...usmoneyjuni2009.pdf  

Petrostar Petroleum Corp. Re..
Börse: Frankfurt
Datum: 01.09.09
Tickliste
Zeit              Kurs              Volumen
10:10:14     bB 0,065       25000
09:56:24          0,064       6850
09:03:52       G 0,045       0  

 

Ich habe folgende Mail erhalten, die Antworten beziehen sich auf Fragen, die ich gestellt habe!

Es lohnt sich mal zu fragen.

Hello

Thank-you for your enquiry to Petrostar and I am glad to be able to respond to a shareholder. As I am the new CEO of the company since July I am currently reviewing all aspects of the company at this time. I recently did a tour of our two oil fields with our new Petroleum Engineer and was pleasantly surprised about the condition of the field and the prospects of increased production from new zones. This is priority right now with the price of crude recovering it is important to increase our production and do necessary maintenance work on the field. I am also reviewing all data from our Bakken Field and our exploration program thier which I hope to resume later this fall. Our ETH technology is now fully safety approved and is ready for market we are talking with possible distributors and hope to have our first sales soon. The DHT we have had our first commercial sale, however we are looking at changes to the technology and looking at other applications for the tool as well. The DHT has been unsuccessful in heating large resevoirs and needs further work. It has been successful on heating smaller formations around the well bore.
I believe that at our current share price this is a very good time to look at Petrostar for the value of it's assets are worth more than being reflected in the share price.

I hope you will keep in touch and build your position in what I believe will bring value back to the shareholders of Petrostar.

Bruce Scafe
President / CEO
Petrostar Petroleum Corp.
1-877-737-8864 Toll Free
1-250-748-4309 Home Office
1-250-710-4022 Cell
bscafe@shaw.ca  

Petrostar Petroleum Corp (C:PEP)
Shares Issued 91,579,843
Last Close 9/9/2009 $0.08
Thursday September 10 2009 - News Release

Mr. Bruce Scafe reports

PETROSTAR PETROLEUM HIRES PETROLEUM ENGINEER AND GIVES UPDATE

As of Sept. 1, 2009, Petrostar Petroleum Corp. acquired the services of Aaron Lane, Stone Ventures Ltd., Calgary, Alta.

Mr. Lane received his BSc in petroleum engineering from the University of Alberta in 2000, at which time he was awarded the Society of Petroleum Engineers scholarship. Mr. Lane has extensive experience in both heavy and light oil and in all areas of field operation. Mr. Lane is currently reviewing all of Petrostar's existing operations and will head up all future projects for the company with priority being given to completing the company's existing Bakken exploration wells. Expense and budget reports are now being prepared for these projects.

Maidstone field update

Petrostar has started an upgrading and workover program at its Maidstone field. The company has received permits allowing it to explore and co-mingle production from the Sparky zone, which previously has not been developed at the field. The rework program has been initiated with completion expected shortly. Flow will be monitored and then reported as to the success of the reworking of this zone. Additional wells on the property will then be evaluated for a similar workover program. It is the company's continuing focus to increase daily production at the Maidstone field.

On behalf of the Board of Directors,

Bruce Scafe

President and Director  

Petrostar Petroleum 1,112,500-share private placement


2009-09-23 19:25 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to an expedited non-brokered private placement announced Aug. 5, 2009.


Shares:  1,112,500



Price:  eight cents  

Petrostar starts electric tank heater marketing program


2009-09-28 18:08 ET - News Release

Mr. Bruce Scafe reports

Petrostar Petroleum Corp. has released the following updates.

Electric tank heater update

Petrostar Petroleum has embarked on an aggressive program to commercially market the company's 100-per-cent-owned, zero emissions, recently patented (U.S. design patent application 29/334,368) and CSA-approved electric tank heater (ETH). The company has recently had representatives from several major oil companies visit its Lloydminster, Sask., facility to inspect and learn about the ETH and its many features and benefits. The response from these sessions has been very positive and the company expects to be able to announce field trials with these prospective companies soon. Oil-producing companies are being forced to look at reducing carbon emissions from all aspects of their business and Petrostar's ETH can assist them in meeting their carbon reduction goals and may help them achieve future carbon credits.

Maidstone update

As announced in the company's Sept. 1, 2009, news release in Stockwatch, Petrostar has initiated a workover program on some of its Maidstone wells and has received SIR permission to co-mingle and exploit the previously untested Sparky zone on wells showing potential in this zone. Petrostar is pleased to announce that this work has now been completed on the 11-6 well, and the well is currently producing on average three cubic metres of oil per day from the Sparky zone. Prior to this workover, the 11-6 well was shut in. The company has two additional wells that are candidates for the same workover to establish production in the Sparky zone. Further updates will be made as work continues.

Private placement update

The TSX Venture Exchange has accepted for filing a non-brokered private placement of 1,112,500 units of the company at a price of eight cents per unit for a total of $89,000. Each unit will consist of one common share in the capital of the company and one non-transferable share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share of the company for a period of two years following the closing date at a price of 10 cents per share in the first year and 12 cents per share in the second year. The private placement shares are subject to a four-month hold period.

We seek Safe Harbor  

Das wird morgen vielleicht nett anzusehen sein ??!

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=pep  

...auch wiederr mal 100k ins Depot getunen...

schau mer ma ob´s n stückel Gold draus werd

October 21st, 2009
Category: News Releases
Petrostar Receives CSA Approvals for Canada & USA on its Electric Tank Heater; Additional Director Appointed


Petrostar Petroleum Corporation (TSX-Venture: PEP, Frankfurt: LMQ; “Petrostar” or the “Company”) announces the following:


Electric Tank Heater Update

The company has received final CSA Certificate of Compliance cert. # 2121885 for its Electric Tank Heater. The CSA certificate is valid for Canada and the USA as to the following standards; a Explosion Proof Enclosure for Use in Class I Hazardous Locations and CSA Std. C22.2 No.88-1958 – Industrial Heating Equipment and UL Std. No. 823 8th edition – Electric heaters for use in Hazardous (Classified) Locations. In addition to the CSA approvals the ETH has received Canadian Industrial Design and USA Patent designations. Many companies have expressed interest in the tank heater and have had representatives visit Petrostar’s Lloydminster facility to inspect and learn more about the ETH technology. These companies include Husky Oil, Canadian Natural Resources, Pennwest and Devon Energy. Feedback to date has been very positive and Petrostar expects to be able to give further updates regarding trials and sales very shortly.


Corporate Update

The board of directors of Petrostar Petroleum Corp. has appointed Mr. Aaron Lane to the company’s board of directors. Mr. Lane has extensive experience in both heavy and light oil and in all areas of field operation. Mr. Lane received a B.Sc. in Petroleum Engineering from the University of Alberta in 2000. Mr. Lane has been reviewing all of Petrostar’s current operations and will be making recommendations back to the board on all future projects.

The board of directors would also like to announce that they have appointed Mr. William Stafford a director of the company to the CFO’s position. Mr. Stafford takes over the position replacing director Robert A. Sim. Mr. Stafford brings years of experience in the financial and tax service industry to the position. Mr. Sim will continue to act as company Secretary and director.


Maidstone Field

The company is currently completing an aggressive work over program on three suspended wells at the Maidstone field. This includes replacing all worn equipment and upgrading production techniques to return them to production. Further updates will be provided as the work continues.


On behalf of the Board of Directors,


Bruce Scafe


President and Director  

Petrostar to arrange $200,000 private placement


2009-11-02 16:17 ET - News Release

Mr. Bruce Scafe reports

Petrostar Petroleum Corp. plans to issue, through a non-brokered private placement, up to two million units of the company at a price of 10 cents per unit for a total of $200,000.

Each unit will consist of one common share in the capital of the company and one non-transferable share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share of the company for a period of two years following the closing date at a price of 12 cents per share in the first year and 15 cents per share in the second year.

The private placement is subject to the acceptance of the TSX Venture Exchange and all shares issued thereunder will be subject to a four-month hold period.

The funds will be used to fund a two-well completion program on Petrostar's leases that are located in the southeastern Saskatchewan extension of the prolific Bakken oil play that covers Southern Alberta, Saskatchewan, Manitoba and Montana and North Dakota in the United States.

We seek Safe Harbor.  

http://www.canadianinsider.com/coReport/allTransactions.php?ticker=pep