Petrostar Reports Q2 Results

V.PEP

(via Thenewswire.ca)

August 16, 2013 - Vancouver, BC - Petrostar Petroleum Corporation ("Petrostar" or "the Company"; TSXV:PEP) has filed its financial statements and MD&A for the 6 months ended June 30, 2013. These documents can be found on the Company's web site at www.petrostarpetroleum.com or on Sedar at www.sedar.com.

Management is pleased to report a net profit of $113,433 in the second quarter of 2013 compared to a net loss of $95,136 in Q2 2012. Profit per share was reported at $0.002 compared to a loss of $0.003 in Q2 2012.

About Petrostar Petroleum Corp.

Petrostar is a Tier 2, Canadian-based, oil and gas exploration company trading on the TSX Venture Exchange, with property assets in Alberta and Saskatchewan.

For further information, please contact:

Bruce Scafe, IR and Communications Officer

Tel: 1-877-737-8864 or bscafe@petrostarpetroleum.com

Alternate contact information:

Deanna Sauve

Corporate Compliance Officer

Tel: 604-568-4350 or info@petrostarpetroleum.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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