Mr. Bruce Scafe reports
CHANGE OF DIRECTORS
Petrostar Petroleum Corp. has made immediate changes to the board ofdirectors the company effective Oct. 5, 2011.
Resignations
The company has received and accepted the resignations of Graham Riley, Bruce Balaz andJoshua Prowse as directors of the company. Resignations were given and accepted to facilitate theappointment of new board members. Management would like to thank the resigning directors for theirservice and dedication to the company as members of the board and wish them success in the future.
Appointments
The company has appointed the following three people as directors of the board.
Greg Thompson
Houston, Texas
Mr. Thompson has over 30 years of diversified energy experience in the areas of oil and gas drilling, fieldoperations, production, contracts, regulatory, marketing and transportation. Currently Mr. Thompson isPresident and General Manager of RiverWay Energy Services LLC. Mr. Thompson has performed on-sitelease operation and has managed multiple producing wells. He has extensive experience in negotiationsof Energy Plans and Agreements both Internationally and Domestically. Acted as Legislative liason forcustomers on Federal and State Regulatory issues. Other related achievements include implementing astreamlined pipeline and gathering system transportation design process. Mr. Thompson was educatedattended Louisiana Tech and the university of New Orleans and has many professional affiliationsincluding the National Energy Services Association and past president and director of the Louisiana GasAssociation.