Mr. Mackenzie Loree reports

PETROSTAR REZONING APPLICATION PASSES FIRST READING STAGE WITH VULCAN COUNTY

On Feb. 5, 2014, Petrostar Petroleum Corp.'s revised rezoning application for its proposed tank farm and modular refinery development in Vulcan county, Alberta, passed the first reading stage at the municipal council level. The passage of the revised application represents a major step for the company toward obtaining the licensing approvals required to move forward with its planned project in Farrow, Alta., although it should be noted that council is only permitted to make a final decision following its third and final reading. Petrostar's chief executive officer, Mackenzie Loree, completed the presentation to the councillors and public of Vulcan county on behalf of the company. He also hosted a public open house on Dec. 2, 2013, to introduce area residents to both Petrostar and the proposed development.

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