DALLAS--(BUSINESS WIRE)--In release dated December 10, 2013, PT. Sigma Energi Petrogas should read PT Bima Sakti Energy and Enrekang Block Onshore South Sulawesi should read Bima Sakti Area - North Lampung in headline and first graph.
The corrected release reads:
TEXSTAR OIL CORPORATION EXECUTES LOI ON INDONESIA BIMA SAKTI AREA - NORTH LAMPUNG
TexStar Oil Corporation (OTCBB: TEXS) announced today that the Company has executed a Letter of Intent (LOI) with PT Bima Sakti Energy for the purchase of drilling and exploration rights of Bima Sakti Area - North Lampung field in Indonesia.
“We are very pleased to be moving forward with our plans of making a long term investment into the exploration and development of on-shore and off-shore oil & gas prospects in Indonesia. Our management’s operations experience in the region, combined with our local partner’s relationships and knowledge of the target fields, makes this an ideal business case for years to come,” said Nathan Halsey, Chairman of TexStar Oil Corporation.
About TexStar Oil Corporation:
TexStar Oil Corporation (“TEXS”) is a publicly listed (OTCBB) oil and gas company. The Company is focused on Indonesia and the North Sea, with existing prospects targeting exploration and exploitation of high impact oil and gas projects located near infrastructure and existing discoveries. For additional information log on to www.texstaroil.com
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