October 24th, 2011  


Los Angeles, California October 24, 2011:  Panama Sun Oil Corporation, an industry leader in oil exploration and land ownership with over 6 million acres of land under management for oil exploration around the world, has announced a long awaited strategic financial partnership with JostSeeger, LLP (a Midwest based private equity and hedge fund conglomerate with assets under management and capital allocations up-to $5 billion) for land acquisitions and partnerships for a $2.3 billion expansion in the Bakken Oil Fields in North Dakota. This partnership will greatly expand the operations and will largely increase strategic investments with major industry players in the Bakken and around the world. This planned expansion includes the acquisition of a major targeted operating wells producing over 15,000 barrels per day along with the strategic acquisition and lease agreements for the acquisition of up-to 500,000 acres of oil rich fields. “Our most successful investments and our most profitable opportunities are coming from the oil rich fields of the Bakken, this is the time to tap one of the most profitable and one of the most important oil fields in history that will provide safe and large ROIs for our investors along with our partners investors” stated Caleb Seeger, Partner of JostSeeger, LLP during a recent investor conference call.  In addition, PSO is in negotiation to install strategic transportation oil terminals in the Bakken high production fields to load and deliver via rail tank cars to buyers in California. These state of the art railroad loading oil terminals will allow for the purchase of additional oil and for the instant sale at much higher profits.  These acquisitions along with the right agreements between some of the Indian land owners in the Bakken for leased land expansion place PSO (Panama Sun Oil, S.A.) and JS, LLP (JostSeeger, LLP) as a leader in the Bakken Oil Fields with major profits that would continue for the next 100 years.  
PANAMA SUN OIL, S.A., as (the “Company”) is a holding company registered in the Republic of Panama. The  principal activities of the Company is to roll-up asset at a discount in the energy sector including but not limited to hydrocarbon fields for exploration, exploitation and syndicated development and production via some Farm-Out Agreements to minimize risks. The Company strategy is in securing these assets then to evaluate existing or new 3D seismic work as part of its contingent purchase commitment subject to an expert opinion letter. The company has acquired a 6,060,000 acre parcel in the Republic of Paraguay from Parafin Corporation (Symbol: PFNO.OB) and has several other properties under evaluation and/or negotiations for large parcel concessions in proven areas in the USA, Central America and South America. 


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