19-02-2013
Petrostar incorporates refining entity
Petrostar Petroleum Corp is pleased to introduce its newly formed company, Farrow Distillation Corp., incorporated in the Province of Alberta, Canada. Farrow Distillation is Petrostar’s inaugural modular distillation development project to be located in Southern Alberta.
The new entity will be comprised of a joint ownership between Nepco LLC and Petrostar Petroleum Corp. Management of the new entity will include parties from both Petrostar and Nepco. These members will be disclosed at a future date.
R. Mackenzie Loree, Petrostar’s CEO, stated: “Petrostar has reached a pivotal milestone with the incorporation of Farrow Distillation Corp. Management has some core objectives to achieve, but we are confident that we will stay within the timeline that has been previously disclosed.
I would like to extend my appreciation to the shareholders and interested parties behind Petrostar for their support.”
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