SOURCE: PetroSun, Inc.

November 27, 2007 08:00 ET

PetroSun Appoints Oil and Gas Exploration and Development Officer

PHOENIX, AZ--(Marketwire - November 27, 2007) - PetroSun, Inc. (PINKSHEETS: PSUD) announced today that John F. Templin II, Ph.D. has been named as Executive Vice President of Oil and Gas Exploration and Development for domestic and international operations. Dr. Templin will be based in the PetroSun regional office located in Shreveport, Louisiana.

After beginning his career with T.L. James & Co. in 1976, Dr. Templin was promoted to Chief Geologist and Manager of their Shreveport District Office. He then served as President and Director of International Operations, and then CEO and Chairman of the Board of Petro Sources International for over sixteen years. Dr. Templin is a petroleum geologist (AAPG #32584-0) with an extensive background and experience in the U.S. Gulf Coast, Arizona and Australia.

During his thirty year career, Dr. Templin has generated and directed multi-million dollar oil and gas exploration projects in Louisiana, Texas, Arkansas, the Eromanga Basin of Queensland, the Pedirka Basin in the Northern Territory and the Canning Basin of Western Australia. He has planned and coordinated all phases of oil and gas investment strategies. The utilization of sophisticated mapping, modeling and internet techniques and applications allows Dr. Templin to supervise, direct and manage both technical and support personnel in satellite offices often located in remote regions of the world. Dr. Templin understands and effectively utilizes high powered "state-of-the-art" computer equipment and processing software to assist in both exploration efforts and field development and management projects.

"Dr. John Templin II brings to PetroSun a diversified background in domestic and international oil and gas exploration and development," stated Gordon LeBlanc, Jr. CEO of PetroSun. "The oil and gas leases currently held by the Company in Arizona, New Mexico and Australia will form the foundation of Dr. Templin's exploration program in 2008."

About PetroSun

PetroSun's operations include oil and gas exploration, development and production and algae-to-algal oil alternative fuels production. The oil and gas division is focused on the exploration of the Canning Basin of Western Australia and the Holbrook Basin of Arizona. The Company will continue the development of oil and gas reserves in Louisiana. The alternative fuels division is in the pre-commercial stage with its algae-to-biofuels production technology. The Company plans to establish algae farms and algal oil extraction plants in Alabama, Arizona, Louisiana, Mexico, Brazil and Australia during 2008. The algal oil product will be marketed as feedstock to existing biodiesel refiners and planned company owned refineries. PetroSun is headquartered in Scottsdale, Arizona with field offices in Shreveport, Louisiana and Opelika, Alabama. For more information about PetroSun visit the company's website at http://www.petrosuninc.com.

Except historical matter 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 Information

  • Contact:
    Investor Relations
    Jim LeCrone
    480-425-4291