Star Energy Corp.(fka SERG)

[Renee]

SERG revoked:

http://www.sec.gov/litigation/admin/2013/34-69705.pdf

[Renee]

SERG: SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-69581.pdf

Order:

http://www.sec.gov/litigation/suspensions/2013/34-69581-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2013/34-69582.pdf

[markflfl]

SERG @ .02 HITS UP!

[markflfl]

SERG @ .012 UP! then .25+!

[Garyst]

A Fluke? A Misprint? Whatever it was there was steady volume throughout the day relative to the shares OS. This thing has close to NO shares thus the huge fluctuations. A pure "Lotto" play but as we all know those can sometimes make huge gains. I agree; there is NO DD on this Co. Could this one do it again tomorrow? Who knows. These are the kind of Plays that can make some quick $ out there.

[mkinhaw]

No idea, either very, very stupid
or they know something
thinking its the former
MK

[dogbone]

Someone bought 15,677 shares at $4.25. Why would someone spend over 65K on a stock that closed at .006 yesterday? If he would of bought those shares Friday it would of cost him $90

[mkinhaw]

No news no filings revoked
in nevada why is it up?
no reason but small float maybe
MK

[Molotov]

what do you mean?

[mkinhaw]

Feel sorry for anyone
who bought this today
nevada revoked last filing 2009
could get halted anytime
MK

[davidsson10]

Silly Season is about to begin.

[MakinBank]

idk, but lots of these wild pops lately. look @ PLLX and BDCM too

[taconacho]

WTF? HOD $4.25? What's going on here?

[buxmaker]

Wow, what is up with SERG?

[MakinBank]

OMG!!!!!

[I Like Bottom Fishing]

News for 'SERG' - (Credit union wins regulatory approval)

SERG News Credit union wins regulatory approval

Friday, January 14, 2011 9:04 PM

Scottrade.com
This email is compliments of Scottrade.com

News for 'SERG' - (Credit union wins regulatory approval)

Jan 14, 2011 (The Bakersfield Californian - McClatchy-Tribune Information
Services via COMTEX) -- Bakersfield-based Star Energy Credit Union won final
regulatory approval Thursday to merge with Chevron Federal Credit Union, a
larger and financially stronger institution based in Oakland.

Just one more agency's consent -- that of California's Secretary of State -- is
required before the two institutions may join in a way that would rescue Star
Energy from its financial peril while also providing its roughly 1,500 members
with improved interest rates, greater access to automated teller machines and a
wider array of financial products.

"It's a positive step for the membership because we can offer so many more
services than we've been able to do with a small credit union," Star Energy's
president and CEO, Cheryl Kline, said Thursday.

The California Department of Financial Institutions signed off on the merger
Jan. 7. Then, Thursday morning, so did the governing board of the National
Credit Union Administration. Both approvals were needed because Star Energy is
chartered by the state, Chevron Federal by the federal government.

An executive at Chevron Federal said the Secretary of State's approval could
arrive within weeks, after which time the larger credit union would assume
control over Star Energy's operations.

Kline said her organization's name would change to become part of Chevron
Federal, and that all of her employees would likely join Chevron Federal.

Star Energy is a 74-year-old, state-chartered credit union with about 1,500
members. It dropped from a marginally healthy capital ratio of about 6 percent
June 30 to the alarmingly low level of 3.8 percent three months later. Its total
assets declined by more than $1 million to $5.9 million in the 12 months ended
Sept. 30.

Chevron Federal has about 70,000 members, including 865 account holders in the
Bakersfield area. Its capital ratio had a relatively robust capital ratio of
10.7 percent on Sept. 30 despite having lost $1.9 million in the previous nine
months, federal data show. The credit union has acquired at least eight credit
unions, according to the state Department of Financial Institutions. It
maintains 14 branch offices in California, Louisiana, Mississippi and Texas.

Both credit unions serve primarily Chevron employees and their family members.

Advertisement



To see more of The Bakersfield Californian, or to subscribe to the newspaper, go

to http://www.bakersfield.com. Copyright (c) 2011, The Bakersfield Californian

Distributed by McClatchy-Tribune Information Services. For more information

about the content services offered by McClatchy-Tribune Information Services

(MCT), visit www.mctinfoservices.com.

John Cox

Copyright (C) 2011, The Bakersfield Californian

-0-

SUBJECT CODE: BK

Source: Comtex Wall Street News

[I Like Bottom Fishing]

News for 'SERG' - (Troubled credit union seeks merger)

SERG News Troubled credit union seeks merger.

Thursday, January 13, 2011 9:03 AM

Scottrade.com
This email is compliments of Scottrade.com

News for 'SERG' - (Troubled credit union seeks merger)

Jan 13, 2011 (The Bakersfield Californian - McClatchy-Tribune Information
Services via COMTEX) -- A small, financially struggling Bakersfield-based
financial institution -- Star Energy Credit Union -- is awaiting federal
approval for what could be a critical merger with a larger and stronger credit
union based in Oakland.

Regulators with the state Department of Financial Institutions signed off on the
proposed transaction Friday. But because Star Energy's suitor is federally
chartered, the deal would have to be approved by the National Credit Union
Administration.

Federal records indicate that Star Energy, a 74-year-old, state-chartered credit
union with about 1,500 members, dropped from a marginally healthy capital ratio
of about 6 percent June 30 to the alarmingly low level of 3.8 percent three
months later. Its total assets declined by more than $1 million to $5.9 million
in the 12 months ended Sept. 30; more recent data were not available.

An NCUA spokesman said Wednesday that Star Energy is under no special regulatory
supervision, though he noted that it has been ordered to take "prompt corrective
action."

Because Star Energy is federally insured, its members deposits are guaranteed up
to $250,000, the spokesman, John McKechnie, emphasized.

"They should know that their money is safe and insured by the federal
government," he said.

Star Energy's prospective suitor, Chevron Federal Credit Union, stood at a
relatively robust capital ratio of 10.7 percent on Sept. 30 despite having lost
$1.9 million in the previous nine months, federal data show. Chevron Federal has
about 70,000 members, including 865 account holders in the Bakersfield area.

The two institutions have talked about a merger "on and off for years," said
Chevron Federal's marketing vice president, Suzanne Walden. But three to four
months ago, the two began discussing a merger that would "essentially save" Star
Energy, which like Chevron Federal serves primarily Chevron employees and their
families.

"We feel that it's in the best interest of Chevron employees as a whole," she
said.

Star Energy's president and CEO, Cheryl Kline, did not respond to repeated
requests for comment Wednesday.

If the merger proposed formally last month goes through, Walden said, Star
Energy's members would gain access to better interest rates, products and
services because of Chevron Federal's greater economics of scale.

Chevron Federal, federally chartered in 1935, has acquired at least eight credit
unions, according to the state Department of Financial Institutions. It
maintains 14 branch offices in California, Louisiana, Mississippi and Texas.



To see more of The Bakersfield Californian, or to subscribe to the newspaper, go

to http://www.bakersfield.com. Copyright (c) 2011, The Bakersfield Californian

Distributed by McClatchy-Tribune Information Services. For more information

about the content services offered by McClatchy-Tribune Information Services

(MCT), visit www.mctinfoservices.com.

John Cox

Copyright (C) 2011, The Bakersfield Californian

-0-

SUBJECT CODE: BK

Source: Comtex Wall Street News

[MWM]

Anybody watching this one? Looks interesting...

[euddoggwyn]

http://investorshub.advfn.com/boards/read_msg.asp?message_id=27690464

[euddoggwyn]

segal bought Terrapin for 50k and changed name to

Black Sea Oil in december 2006.

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?capId=27461016

it was trading at 4.80, currently at .20

No board for it here at IHUB.

Terrapin address 17 Carlton Road. Monsey, NY 10952. The business address for "jack" Jacob Hiller. Amsel?

[RockJohny]

ok, so they have rights to drill
what we don't know is what sort of deal they have with the govt. and land owners...royalties etc.

rights is one thing...but the details behind the deal are a big deal

i actually sold at .51 today

dunno why they put the e on it

[THE--EAGLE]

IMO with multi-billion dollars worth assets this stock should be trading on big boards. On BB lands it is hard to get a necessary attention from investors, and afair price. Plus, the company needs to finance those projects, according an article I read from Ukranian sources, the company needs 55m USD to develop only ONE of those three projects. For a BB stock it is difficult to get such amount of loan.
There are two possibilies IMO at this point, either we get loan or we do JV with a bigger company. GLTA

EAGLE

[THE--EAGLE]

10Q is out

[THE--EAGLE]

From their 5/10/2007 dated PR:

"As part of this
significant expansion in Ukraine, Star will open and staff an office in Kiev, and has retained Ryder Scott Company, LP., Houston, Texas, to assist in updating valuations of the respective fields."

[RockJohny]

who's going to do 'evaluations'??

[THE--EAGLE]

lol yeah i read those posts too, they were without facts so I ignored them.
Well we have great assets at the moment, if we could get the evaluations done i think the share price will move up. I think the market need a reliable third party to verify those asset numbers. thats why i guess the response to news was very weak.

[RockJohny]

someone posted on yawhoo board some slander about the CFO...but the more i read about it, the more he sounds like a guy with a successful career...i don't see someone like him going from a massive success with one company and bolstered reputation to some shady operation (credit counseling company he's affiliated with)...seems a big price to pay imo.

probably just an effort to bash the company and loosen up some cheap shares

I don't see any reason to not think this play is for real and that they've got a big foot in the Ukrainian door with their oil fields.

sometimes you have to ignore the shadows and follow the light ;)

[THE--EAGLE]

"crazy price action...panic or manipulation?"

I think it is because of oil prices are going up due to concerns over hurricane Dean.

[RockJohny]

crazy price action...
panic or manipulation?

[RockJohny]

sounds like their efforts have paid off over there...i suspect this will continue running after the news spreads and the few who bought from .50 to .20 take their profits (not very many).

[THE--EAGLE]

***NEWS***

Star Energy Acquires Rights to Ukrainian Oil & Gas Projects
Last Update: 8/13/2007 6:00:16 AM



NEW YORK, Aug 13, 2007 (BUSINESS WIRE) -- Star Energy (SERG) and its newly registered subsidiary Anglo-Ukr Energy (AUE) announced today the acquisition of rights to three Ukrainian oil and gas projects. The projects, Region, Dewon and Bukovyna, are comprised of seven oil and gas fields with estimated reserves of over 100 million barrels of oil and 150 billion cubic feet of gas. Two of the fields are currently producing and with refurbishment are expected to substantially increase production.

Through AUE, Star intends to promote and expand operations in Ukraine. The subsidiary headquarters will be located in Kiev with planned regional offices in Ivano-Frankovsk and Poltava.

In addition, Star Energy Corporation has joined the American Chamber of Commerce in Ukraine, a move which will strengthen Star's position in the region.

Patrick J. Kealy, President & CEO, said, "These developments are a great move forward as we execute on our business plan. We continue to concentrate on promising projects in the Ukraine and remain excited about our future."

About Star: Star Energy Corporation is a U.S.-based public entity engaged in acquisition, exploration, and development of oil and gas deposits in Eastern Europe and CIS. The company's goal is to provide Western investors with access to a portfolio of natural resource licenses and operating companies. Additional information can be found at www.starenergycorp.com .

Safe Harbor Statement: A number of statements contained in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the recovery of oil and gas resources, the successful completion and integration of prospective acquisitions, competitive market conditions, and the ability to secure sufficient sources of financing. The actual results Star may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Star encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Star's public filings may be viewed at www.sec.gov .

SOURCE: Star Energy Corporation

Star Energy Corp.
Tel. [phone]
Fax: [phone]
[e-mail]
or
Press:
REV Solutions LLC
Elena Furman, 917-202-1445

[euddoggwyn]

we need a statement from the company's leaders in a PR to explain exactly what happened here. This is a very serious matter.


http://biz.yahoo.com/e/070731/serge.ob8-k_a.html

[muzak]

Regus Office Center

http://offices.regus.com/locations/US/NY/NewYorkCity/NewYorkManhattanParkAvenue.htm

[petermic]

That will do nothing unfortunately. With extremely rare exceptions, the SEC does not do any enforcement on bb's and pink sheet stocks.

This is one area in which crime DOES pay, thus the amazing prevalence of fraud in those markets.

[Golden Cross]

Star Energy Applies For AMEX Listing
Tuesday January 23, 6:00 pm ET


NEW YORK--(BUSINESS WIRE)--Star Energy (OTCBB:SERG - News) announced today that is has applied to list its common stock on the American Stock Exchange ("AMEX"). There is no guarantee that AMEX will approve the Company's application and investors are cautioned that approval is contingent upon Star's compliance with all applicable listing standards on the date it begins AMEX trading. The approval may be rescinded if the Company is not in compliance with such standards.
ADVERTISEMENT


Star CEO, Patrick Kealy, commented on the filing by saying "We are pleased to have applied for an AMEX listing. I am a great believer in the specialist system. Having our stock trade on a major exchange means increased liquidity for our investors, furthering our overall goal of providing access to Russian and Eastern European natural resources and operating companies."

About Star: Star Energy Corporation is a U.S.-based public oil and gas exploration company with one hundred percent (100%) of its assets located in Europe, primarily the Samara region of Russia. The company is pursuing a strategy of seeking investment and acquisition opportunities in Russia and Eastern Europe with the goal of providing Western investors with access to a portfolio of natural resource licenses and operating companies. Additional information can be found at www.starvolga.com.

Safe Harbor Statement: A number of statements contained in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the approval of the listing application and the continued maintenance by the Company of the listing standards, recovery of oil and gas resources, the successful completion and integration of prospective acquisitions, competitive market conditions, and the ability to secure sufficient sources of financing. The actual results Star may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Star encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Star's public filings may be viewed at www.sec.gov.



Contact:
Star Energy Corp.
317 Madison Avenue
21st Floor
New York, NY 10017
Tel. [phone]
Fax [phone]
[e-mail]
Or
Press:
REVsolutions LLC
Elena Furman, 917-202-1445

[PostCog]

"Park Ave HQ address in New York City"

Saw this address on Strat Petro's website also. Googled and found it on half of all content inedexed in google. Learn something new everyday.

[Golden Cross]

Star Energy Signs Letter of Intent with Samara Transoil
Wednesday November 8, 4:30 pm ET


NEW YORK--(BUSINESS WIRE)--Star Energy (OTCBB:SERG - News) announced today that it has entered into a Letter Of Intent (LOI) to purchase 100% of Samara Transoil, an oil-services company located in Samara, Russia. Terms of the agreement call for the issuance of one million restricted shares of Star Energy Corporation in consideration of the purchase. Pending an audit of Samara Transoil, the transaction is expected to close within 45 days.
ADVERTISEMENT


Samara Transoil is principally engaged in the specialized transport of dangerous and heavyweight goods, including various kinds of crude oil and related products. The firm's main customers are companies involved in the production, treatment and refining of crude oil in the Samara, Saratov, Orenburg, and Nizhni Novgorod areas within the Volga region of Russia, as well as Tatarstan, Bashkortostan, and the Udmurt Republic. The company averages roughly 400,000 kilometers of transport per month. Samara Transoil currently has USD $5 million in annual revenue, is debt free, and has hard assets valued at more than USD $3 million.

Commenting on the proposed acquisition, Star CEO Marcus Segal said "The acquisition of Samara Transoil is a wonderful opportunity for us to further expand Star Energy into a strong, resource-based business. We look forward to concluding the purchase process."

About Star: Star Energy Corporation is a U.S.-based public oil and gas exploration company with one hundred percent (100%) of its assets located in Europe, primarily the Samara region of Russia. The company is pursuing a strategy of seeking investment and acquisition opportunities in Russia and Eastern Europe with the goal of providing Western investors with access to a portfolio of natural resource licenses and operating companies. Additional information can be found at www.starvolga.com.

[PostCog]

Park Ave HQ address in New York City no less..

A u.s. company that owns 100% of a Russian oil asset. If someone had told me I wouldn't have believed them. This company seem to have defied the odds provided by Russian parliament. Of course this is a small company by any standard.

Management not even remotely experienced in the oil industry, but appears to have retained advisor/board members...ie Armenak Safarov from Canadian oil industry and Nord.

This is going to be interesting to watch.

[jephtah75]

thanks eik! I appreciate your DD and insight. Very good moderation, by the way. Please keep it up!

We moved up nicely in Germany today - huge volume. I recognized that we had some serious volume the last couple of days in Germany. 5.8 million shares traded so far on the Frankfurt stock exchange ... amazing!

All the best to you and good luck! I wonder where we will finish at the end of this week.

[eik]

Well, quick research:
1. Russneft sold Volganeft in December, 2005 to "Samara-Nafta"
http://www.oilcapital.ru/comments/2006/01/091542_82659.shtml
There is no mentioning of VolgaNeft on Russian version of RussNeft website (the English version is outdated).

2. Amerada Hess owns 65% of Samara-Nafta now. Samara-Nafta is led by Simon Kukes, a former CEO of both Tyumen Oil Company (TNK) and Yukos Oil:
http://www.rigzone.com/news/article.asp?a_id=21280
http://phx.corporate-ir.net/phoenix.zhtml?c=101801&p=irol-newsArticle&ID=688437&highligh...
http://www.vremya.ru/2006/166/8/160856.html

Conclusion: we own completely different Volga-Neft.

Please, let me know if I am wrong.

[eik]

I also like the chart and Friday's volume. Holding my recently purchased shares.
BTW, I am not sure that VolgaNeft you are referring to (open company in Russneft structure) is the same Volga-Neft (limited company with 2 owners. Did they buy it from Russneft?) that was acquired by Star. Address doesn’t match. VolgaNeft has a subsidiary OOO Kondurchaneft and a bunch of properties, which was never mentioned in PRs.
http://eng.russneft.ru/structure/info_5052.stm
http://eng.russneft.ru/structure/info_5053.stm
They give very detailed list of properties acquired
http://biz.yahoo.com/bw/061006/20061006005352.html?.v=1
and never mentioned “seven oils fields in Samara Oblast, which are Bulatovskoye, Kazakovskoye, Vvedenskoye, Erkulskoye, Smorodinskoye, Chernoozerskoye and Yuganskoye ones”! Volganeft’s total recoverable reserves are about 11 million tons of crude oil (~80 mln barrels). But Volga-Neft’s only Rodnikovsky field has 95 mln barrels of extraction reserves.

As to the "pink flags", I was referring to the article http://www.assoneft.ru/press/press.html?id=918 (Samara Review - in Russian)

Which indicates that nobody ever heard about Star Energy or Volga-Neft in Samara, these companies don’t produce any oil there, there is no real estate properties in Chapaevsk worth $8 mln, etc.

Pretty confusing, I will look at this, when I have time. If you can clarify all this, please, let us know. Welcome aboard, jephtah! Looking forward for your posts.

[jephtah75]

hello board, this is what my "Russian sources" said:
Volganeft has about 11 million tons of recoverable crude oil.
http://eng.russneft.ru/structure/info_5052.stm

In addition, on a chart technical point, we have a "golden cross" coming up (50-day MA crossing 200-MA to the north), which is a very bullish chart pattern. It`s hard to determine exactly when this will happen, maybe during the next 2 weeks of trading or so.

So as for me, I`m all positive and excited about what`s about to come up in the next few weeks!
Have a great weekend all!

[eik]

Well, stock added ~12% since the first post… and today’s volume was kind of impressive. I’m looking at some Russian sources now that are not negative but raising some “pink flags”. So, I will refrain from pumping SERG for now. :) IMO: Keep holding if you own a position (as I do), or wait for a pull back for the first entry.

[Golden Cross]

sounds good...have added it to my watch list for time being...GLTY

[eik]

<<This is being done to address considerable investor interest in Star being observed in Germany. >>
Yes, researching the company, I have noticed that "above average German interest". The stock is discussed on German message boards and is followed by German analysts. They call this Volga-Neft merger breathtaking and set the 12-month price target 2.1 EUR (about $2.65).

[Golden Cross]

Star Energy Adds Director, Launches German Website
Thursday October 12, 5:00 am ET


NEW YORK--(BUSINESS WIRE)--Following acquisition of Volga-Neft, a Russian oil and gas producer, Star Energy (OTCBB:SERG - News) is pleased to announce the addition of Mr. Bryson Farrill to its Board of Directors. Mr. Farrill is a financial consultant and a director on several company boards, including Power Technology Inc., Devine Entertainment and Neutron Enterprises Inc. He is also the Senior Partner of Belgravia Financial Limited (London) and the chairman of Swiss Media Inc. (Toronto). He has been Chairman of the Investment Dealers Association (Canada), Member of the New York Stock Exchange, and is currently a Member of the U.K. Financial Services Authority.
ADVERTISEMENT


"We are very pleased to have an industry luminary like Bryson join the Board," said Marcus Segal, Star's CEO. "Bryson's vast experience brings additional credibility and industry perspective to our board. We are looking forward to his immediate and significant contributions in our development and operations."

In addition, Star launched a German version of its corporate website today. This is being done to address considerable investor interest in Star being observed in Germany. "The positive reaction by German investors to the acquisition," commented Mr. Segal, "has propelled us to increase Star's exposure in Germany. Our German-language website will improve Star's visibility and increase interest among this critical group of investors."

About Star: Star Energy Corporation is a U.S.-based oil and gas exploration firm with assets primarily in the Samara region of Russia. Star is pursuing investments and acquisitions in Russia and Eastern Europe with the goal of giving Western investors access to a portfolio of natural resource opportunities. Additional information can be found at www.starvolga.com.

STAR ENERGY CORP.
245 Park Avenue
24th & 39th Floors
New York, NY 10167
[phone]

Safe Harbor Statement: A number of statements contained in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the recovery of oil and gas resources, the successful completion and integration of the operations of Volga-Neft, competitive market conditions, and the ability to secure sufficient sources of financing. The actual results Star may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Star encourages the public to read the information provided here in conjunction with its most recent filings on Form 10-KSB and Form 10-QSB. Star's public filings may be viewed at www.sec.gov.



Contact:
REVsolutions LLC
Elena Furman, 917-202-1445
[e-mail]

[eik]

I’ve just started position on this one. Have done some research, and am pretty excited. Will post details and update info-box during weekend. If you have something to say about the stock or company – do it! :)