Petrostar Announces Director Changes and Reports Q3 Results
November 29 2013 - 2:06PM
Access Wire
Petrostar
Petroleum Corporation ("Petrostar" or the
"Company") is pleased to announce the appointment of Lynda D. Olsen
as a director of the Company, effective November 25, 2013. Ms.
Olsen replaces Dee Sauve, who resigned as a director of the Company
on the same day.
As disclosed in a
news release dated November 13, 2013, Ms. Olsen brings over 25
years of experience to Petrostar as an operations executive
principally in the oil and gas industry, including 12 years with
BP/Amoco. For the past eight years, she has owned and operated a
successful consulting business engaged in a variety of functions
for private enterprises in the oil and gas cost recovery
field.
Ms. Olsen's appointment will
provide Petrostar with multi-industry consulting experience
emphasizing financial, systems and operational
expertise.
Petrostar also wishes to announce that
it has filed its financial statements and MD&A for the period
ended September 30, 2013. These documents can be found on the
Company's web site at www.petrostarpetroleum.com
or on SEDAR at www.sedar.com.
About
Petrostar Petroleum Corp.
Petrostar is a Tier 2
Canadian-based oil and gas exploration company trading on the TSX
Venture Exchange with property assets in both Alberta and
Saskatchewan.
For further information,
please contact:
Bruce Scafe, IR and
Communications Officer
1-877-737-8864 or
bscafe@petrostarpetroleum.com
Alternate Contact.
Mackenzie Loree,
CEO
1-403-861-6779 or
mloree@petrostarpetroleum.com
Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
FORWARD
LOOKING INFORMATION
Certain information in this
news release is forward-looking within the meaning of certain
securities laws, and is subject to important risks, uncertainties
and assumptions. This forward-looking information includes, among
other things, information with respect to the Company's beliefs,
plans, expectations, anticipations, estimates and intentions. The
words "may", "could", "should", "would", "suspect", "outlook",
"believe", "anticipate", "estimate", "expect", "intend", "plan",
"target" and similar words and expressions are used to identify
forward-looking information. The forward-looking information in
this news release describes the Company's expectations as of the
date of this news release. The results or events anticipated or
predicted in such forward-looking information may differ materially
from actual results or events. Material factors which could cause
actual results or events to differ materially from a conclusion,
forecast or projection in such forward-looking information include,
among others, risks arising from general economic conditions and
adverse industry events.
When relying on
forward-looking information to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and potential events. The Company has assumed that
the material factors referred to in the previous paragraph will not
cause such forward-looking information to differ materially from
actual results or events. However, the list of these factors is not
exhaustive and is subject to change and there can be no assurance
that such assumptions will reflect the actual outcome of such items
or factors.
THE FORWARD-LOOKING
INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE
AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION
AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE.
WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE
THIS INFORMATION ON AT ANY PARTICULAR TIME.
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