U.S.- Africa Business Summit in Washington, D.C. Spotlights Investment Opportunities in West African Oil Markets, Says Gold Star
29 Septembre 2009 - 3:30PM
PR Newswire (US)
VANCOUVER, Sept. 29 /PRNewswire-FirstCall/ -- "West African oil and
gas investment opportunities will be part of the focus on African
energy resources at today's 7th Biennial U.S.-Africa Summit in
Washington, D.C.," stated Gold Star Resources Corp. (TSX-V;GXX; OTC
Bulletin Board: GXXFF; http://www.goldstarresources.com/), a
Canadian based oil and gas company with energy projects in Liberia,
Cote d'Ivoire and Ghana. The company acquired 90% of International
Resource Strategies Liberia Energy Inc., whose sole asset is the
onshore 1,366 sq. km. hydrocarbon reconnaissance license NR-001
within the Roberts and Bassa Basins of south coastal Liberia. The
African Summit is hosted by The Corporate Council on Africa. The
Summit (http://www.africacncl.org/) opens today, September 29th,
through October 1st in Washington, D.C. "With Ghana's Jubilee field
success having been well documented, more and more investment and
financial companies are looking into new opportunities in oil and
gas exploration in West Africa," commented the company in a public
statement. "Among other energy topics, this week's Summit will
focus on recent developments of new hydrocarbon deposits in West
African markets. The Summit is a unique communications vehicle for
highlighting investment opportunities in West Africa's oil and gas
sectors, as well as throughout the African continent." "Despite
today's international economic crisis," Gold Star Resources stated,
"investors attending this week's U.S. - Africa Summit in
Washington, D.C. are being informed of new and exciting investment
opportunities in Africa. U.S. companies, for example, invest $40
billion a year in Africa with the largest part of this investment
going into the energy resource sector. With the financial stimulus
infusions being injected into the world economies and increasingly
tight government policies to keep commodities in line, onshore oil
and gas exploration is where the action is going to be." On Behalf
of the Board, "Patrick Morris" Patrick Morris, President and CEO
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
DATASOURCE: Gold Star Resources Corp. CONTACT: Patrick Morris,
President and CEO of Gold Star Resources Corp., +1-604-641-4450,
Fax, +1-604-669-9335, Web Site: http://www.goldstarresources.com/
Copyright