Mr. Mackenzie Loree reports

VULCAN COUNTY DEFERS DECISION ON REZONING APPLICATION AFTER PUBLIC HEARING

On April 2, 2014, Petrostar Petroleum Corp.'s revised rezoning application for its tank farm and modular refinery development in Vulcan county, Alberta, underwent a public hearing. Petrostar's chief executive officer, Mackenzie Loree, attended the public hearing, presented the application on behalf of the company, and answered questions from the audience and municipal council. The company anticipates that it will be scheduled to participate in the next Vulcan county council meeting later this month.

We seek Safe Harbor.