SOURCE: PetroSun, Inc.

December 15, 2006 13:39 ET

PetroSun Corporate Update

PHOENIX, AZ -- (MARKET WIRE) -- December 15, 2006 -- PetroSun, Incorporated (PINKSHEETS: PSUD) is pleased to announce that it has retained OTC Filers, Incorporated ( to complete its Form SB-2 registration statement in order to become a fully reporting company and to provide full disclosure about the Company and its business objectives. PetroSun intends to make application to list its common stock on the OTC Bulletin Board in the first quarter of 2007.

About PetroSun

PetroSun's current operations are concentrated in the Ark-La-Tex region with plans to expand into New Mexico, Arizona, Utah and Australia in 2007. PetroSun provides a comprehensive array of products and services to the oil industry. Algae BioFuels, a wholly owned subsidiary of PetroSun, is an emerging producer of biodiesel derived from the cultivation of algae. The Company's cutting-edge technologies, combined with a proven ability to apply them effectively and safely within a disciplined ROI framework, creates long-term value for PetroSun shareholders and partners. PetroSun is headquartered in Phoenix, Arizona. For more information about PetroSun visit the company's website at

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:
    PetroSun, Inc.
    Investor Relations
    Email Contact