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Groundstar Resources Ltd GRDSF

Energy Oil & Gas E&P
Groundstar Resources Ltd is the Canada-based based company. The company is primarily engaged in exploration, development and production opportunities in domestic and international areas of interest. The company is exploring opportunities of oil wells in Pierson area located at Manitoba and, in Neilburg region. Most of its revenue is earned through the Canadian market while it also has a presence in Egypt, Guyana, and various other countries.


GREY:GRDSF - Post by User

Groundstar Resources Ltd
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Post by Baxter4on Nov 22, 2011 6:15pm
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Post# 19259401

News

News

Groundstar Resources Provides Update on Qara Dagh, Kurdistan, Iraq

Tuesday, November 22, 2011

CALGARY, ALBERTA--(Marketwire - Nov. 22, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Groundstar Resources Limited (TSX VENTURE:GSA) is pleased to announce that it is joining with its partners, Niko Resources and Vast Resources, in proceeding at Qara Dagh, where site-preparation, engineering and logistics will be carried out in the first half of 2012. The QD-2 well is anticipated to spud in the second half of 2012. Groundstar and partners are also exploring all options including potential farm-out and joint venture opportunities.

Groundstar is a publicly traded Canadian junior oil and gas company actively pursuing exploration opportunities in Guyana, North Africa and the Middle East.

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