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.
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"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
(212) 792-4334
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
info@starvolga.com
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