TexStar Oil executes LOI on Indonesia Enrekang block

TexStar Oil Corp.

TexStar Oil Corp. (OTCBB: TEXS) has executed a Letter of Intent (LOI) with PT Sigma Energi Petrogas for the purchase of drilling and exploration rights of the Enrekang block onshore South Sulawesi field in Indonesia.

TexStar Oil is focused on Indonesia and the North Sea, with existing prospects targeting exploration and exploitation of high-impact oil and gas projects located near infrastructure and existing discoveries.

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