www.MarketGainer.com: Market Gainer Releases Coverage for Star Petroleum Corporation
12/14/05
Dec 14, 2005 (M2 PRESSWIRE via COMTEX) --
Market Gainer strives to find dynamic issues that are unknown but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. Now available, Market Gainer's very own in-site blog, see below for details. Market Gainer has identified the following company based on these criteria.
Star Petroleum Corporation (OTCPK:SPMP) is currently acquiring and venturing within the Oil and Gas sector. The initial focus and development will be on lower risk, high quality prospects which will provide the Company with a higher probability of success.
Shares of Star Petroleum Corporation increased 16 percent in value today, from the previous close of $0.06. Up $0.01 from Tuesday, the current value resides at $0.07 with 370,000 shares changing hands. Recent Investor interest coincides with a positive announcement released after market on Tuesday December 13, 2005
Today Star Petroleum Corporation reports that as part of the Company's ongoing development interest in a new catalytic cracking technology, the Company has recently received confirmation of successful field tests of the catalytic cracking unit currently in its latter stages of development. Catalyst was successfully run through the unit and an on-site field test was able to produce gasoline as the end product. This represents a significant step in the process leading to the commercial availability of the technology. Ongoing testing in Utah will enable the company to better define the next stages of development.
Star Petroleum President, Mr. Burns also reports that the Company has added another member to its management team. Mr. Randy Simpson, C.P.A., PC, of Utah will be joining the company to provide additional expertise and direction with project financing. The oil and gas business has been Mr. Simpsons focus for more than 25 years. His experience extends to a C.P.A. practice concentrating in aviation, oil & gas and real estate transactions. He has served as the Controller for Gulf Energy Corporation and the Chief Financial Officer for Rocky Mountain Helicopters. The list of accomplishments is extensive, but more importantly he has additionally provided consulting services to a wide variety of energy companies including, Quinex Energy, Wells Petroleum, Lomax Exploration, and Altex Oil.
Mr. Burns states.........
To view the full Market Gainer report on Star Petroleum Corporation, please visit www.marketgainer.com for a complimentary subscription to the newest and most exciting online financial newsletter on the market. No Credit Card information needed.
New to the Market Gainer's website is our very own in-site blog, offering our subscribers the opportunity to communicate with fellow investors without all the spam found in other investment blogs. Click on talking stocks after you subscribe to join, and enhance your investment knowledge and community.
The Financial Information and Financial Content provided by Marketgainer.com is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by Marketgainer.com. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by Marketgainer.com to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. Marketgainer.com does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.
All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.