Last C$0.08 CAD
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As of 9:30 AM 10/17/14 All times are local (Market data is delayed by at least 15 minutes).

petrostar petroleum corp (PEP) Snapshot

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01/30/14 - C$0.17
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09/25/14 - C$0.05
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petrostar petroleum corp (PEP) Details

Petrostar Petroleum Corporation, an oil and natural gas company, is engaged in the acquisition, exploration, and development of oil and gas properties in Canada. It holds interests in Lashburn, Herronton, Joarcam, Beaverhill Lake, Forestburg, and Bakken properties located in Alberta and Saskatchewan regions of Canada. The company was formerly known as Little Mountain Resources Ltd. and changed its name to Petrostar Petroleum Corporation in August 2005. Petrostar Petroleum Corporation was incorporated in 1996 and is headquartered in Nanton, Canada.

Founded in 1996

petrostar petroleum corp (PEP) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Investor Relations & Communications Officer, ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

petrostar petroleum corp (PEP) Key Developments

Petrostar Petroleum Corporation Executes MOU with Maverick Synfuels for GTL Joint Venture

Petrostar Petroleum Corporation announced the execution of a formal MOU (Memorandum of Understanding) to form a Joint Venture entity between Petrostar and Maverick Synfuels of North Carolina, USA. The Joint Venture is to facilitate the development and operation of GTL (gas-to-liquids technology) in the Canadian Provinces of Alberta, British Columbia and Saskatchewan. The plants will utilise and promote technology that converts a methane-rich feedstock into high-quality methanol. The ownership of the JV entity will be 60% Petrostar and 40% Maverick.

Petrostar Petroleum Corp., Annual General Meeting, Jun 25, 2014

Petrostar Petroleum Corp., Annual General Meeting, Jun 25, 2014., at 13:00 Mountain Daylight. Location: Office at Lot #26 ­ 82nd Street Aldersyde. Agenda: To receive the report of the directors of the company; to receive and consider the audited financial statements of the company for the year ended December 31, 2013 and the report of the auditors thereon; to elect directors; to appoint A Chan & Company LLP as the auditors; to re-approve the company's existing fixed stock option plan; to approve a proposed shares for debt transaction that will result in R. Mackenzie (Mack) Loree and Joan Loree becoming a Control Persons; to approve a proposed shares for debt transaction that will result in the company issuing common shares to Bruce A. Scafe, a director of the company who also provides investor relations and communications services, in respect of debt relating to management fees that exceed $2,500 per month; to approve proposed non-arm's length acquisition of 100% of the issued and outstanding shares of LOMAC Canada Ltd; and to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.

Petrostar Petroleum Corporation Selects Lynda D. Olsen as Director

Petrostar Petroleum Corporation announced that the company's board of directors has selected Lynda D. Olsen to be appointed as a new director of the company, subject to her successful approval by the TSX Venture Exchange. Ms. Olsen brings over 25 years of experience 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, Global Business Ventures, which is engaged in a variety of business-related functions for private enterprises relative to cost recovery for major oil and gas company operations both domestically and internationally. Ms. Olsen's appointment will provide the company with multi-industry consulting experience emphasizing financial, systems and operational expertise. She is expected to bring a track record and demonstrated strengths to the company in such areas as: mobilizing project start-ups, project planning, scheduling, coordination and execution; organizational and infrastructure development; acquisitions and divestitures, strategy building and financial and risk management analysis; cost controls and project accounting; contract negotiations and operations management, including purchasing and materials; market share strategies, sales and marketing management; competitive manoeuvring; and client and vendor management.


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