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LandStar, Inc. (LDSR:PK) China National Offshore Oil Co., Ltd Pending Business

 

WUHAN, China, Sept. 4 /PRNewswire-FirstCall/ - LandStar Inc. (LDSR) www.landstarcorp.com operating subsidiary, Hubei Chuguan Industry Co. Ltd and its senior executives on July 5, 2009, held a very productive engagement meeting with the Shenzhen branch, of China National Offshore Oil Co., Ltd. (CNOOC) http://newtest.cnooc.com.cn/yyww/default.shtml

China National Offshore Oil Co., Ltd is one of the biggest Offshore Oil companies, to partner in oil and gas recovery. With the oil and gas depots of CNOOC and the leverage Chuguan's unique recovery technology, the corporate teams both agreed to move to the next step to work on more partnership details.

As previously announced by LDSR the issuer intends to provide its followers with not only completed transaction details but those under progress.

More details to follow

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar, Inc. that constitute forward-looking statements for purposes of the safe harbor Provision's under the Private Securities Litigation Reform Act of 1995. The words or phrases can be," "expects," "may affect," "believed," "estimate," "project," and similar words and phrases are intended to identify such forward-looking statements. LandStar, Inc. cautions you that any forward-looking information provided by or on behalf of LandStar, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar, Inc.'s control. In addition to those discussed in LandStar, Inc.'s press releases, public filings, and statements by LandStar, Inc.'s management, including, but not limited to, LandStar, Inc.'s estimate of the sufficiency of its existing capital resources, LandStar, Inc.'s ability to raise additional capital to fund future operations, LandStar, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities and, in identifying contracts which match LandStar, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

CONTACT: www.minamargroup.com/helpdesk, IR dept, (302) 357-9915

SOURCE Land Star Inc.

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