Petrostar Petroleum Corporation

4 news results for the tag: Petrostar Petroleum Corporation.

Petrostar Continues Bakken Exploration

September 11th, 2008

Petrostar Petroleum Corporation 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 [...]

Petrostar’s DHT2 to Be Tested by an Oil Sands Company

September 5th, 2008

Petrostar Petroleum Corporation announce that it has entered into a short-term rental agreement with an oil sands company to test Petrostar’s Down Hole Tool (DHT2).
The Down Hole Tool (DHT) is a system and method for generating underground heat, steam and pressure. Specifically, the present invention relates to an electrical steam generation system that enables efficient [...]

Petrostar Petroleum Corporation: Bakken Discovery Well Cased for Production

July 31st, 2008

Petrostar Petroleum Corporation announced a new discovery well (A3) in an area of SE Saskatchewan not being currently drilled by other producers.
The well encountered 19m of pay locked in a sandstone formation with excellent porosity and good permeability. A3 is expected to flow on its own (light oil), and may not require stimulation. The importance [...]

Drilling Underway on Petrostar’s First Bakken Well in SE Saskatchewan

July 23rd, 2008

Petrostar Petroleum Corporation announces that it has initiated drilling of its first Bakken Well.
The first well will be drilled to a depth of approximately 900m-1,000m. The drilling is being conducted by Terroco Drilling Ltd. The next planned drilling location is approximately 4 miles from the current well site and all surveys and permits for the [...]


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