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 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 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 [...]

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 [...]