PetroSun Announces Settlement Agreement
2011年3月11日 - 11:00PM
Marketwired
PetroSun, Inc. (PINKSHEETS: PSUD) announced today that a Settlement
Agreement and Covenant Not to Execute has been entered into by the
Independence Bowl Foundation, Inc. and the Company. This agreement,
subject to its terms and conditions, will allow PetroSun to move
forward with its planned exploration and other energy related
operations.
About PetroSun
PetroSun, Inc. is a diversified energy company with its focus on
the vertical integration of oil, natural gas and helium
exploration, development and production, enhanced oil recovery,
distributed energy and sustainable energy systems.
For more information about PetroSun visit the company's website
at www.petrosuninc.com.
Except historical matters contained herein, matters discussed in
this news release are forward-looking statements and are made
pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements
reflect assumptions and involve risks and uncertainties, which may
affect the Company's business and prospects and cause actual
results to differ materially from these forward-looking
statements.
Contact: Investor Relations 480-425-4290 Email Contact
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