ProfitSeptember 1, 2010, Victoria, BC - Petrostar Petroleum Corp. (TSXV:PEP) (TSX-Venture: PEP, Frankfurt: LMQ; "Petrostar" or "the Company") is pleased to announce that the Company recorded an operating profit of $47,999 for the quarter ended June 30, 2010.
Cost saving measures, implemented by management earlier this year, are now taking effect, which has been reflected in the Company's bottom line.
Management is now focusing on bringing new projects and partners into Petrostar to expand the profit margin and put the Company into a much better financial position.