LandStar Inc. to merge with Cressent Energy

LandStar Inc. management is considering a merger with a US-based oil and gas company. The USA company is Cressent Energy. This promising company is involved in natural gas exploration in the state of Texas and has a number of assets, including 50 oil wells and well equipment, totalling over 200 tanks and 20 pumping units.

Samson Oil & Gas Limited advises that its Board of Directors held a three-day management meeting the week of September 23, 2010, including a field tour of the Company’s primary operations, meetings with the Company’s outside advisors and a comprehensive strategic review meeting.

Jude    Maritime News, News     Bakken field, Chinese petrochemical industry, Cressent Energy, gas producing, Hubei Chuguan Technology Co. Ltd., LandStar Inc., Niobrara play, North Dakota, onshore Gulf Coast Basin, Samson Oil & Gas, state of Texas, vapor recovery units, Wyoming

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