Winstar Resources

Winstar Resources Ltd. is a publicly traded oil and gas company listed on the Toronto Stock Exchange, focused primarily on Tunisia. The company is headquartered in Calgary, Alberta, Canada, with international headquarters in Breda, The Netherlands and offices in Geneva, Switzerland; Tunis, Tunisia; Szolnok, Hungary  and Bucharest, Romania.

Winstar’s corporate strategy is founded upon four key ingredients, incorporating low downside risk and high upside potential:

Financial Stability

The Company is fortunate to have a small group of sophisticated shareholders, which holds approximately 54% of Winstar’s outstanding shares, and has expressed its strong belief in the assets and future of the Company.  Winstar is biased toward conservatively financing operations by utilizing primarily internally-generated cash flows.

World Class Assets

 $9 million (US) seismic program has confirmed and expanded an inventory of high impact Silurian and shallower Devonian and Triassic prospects and leads in Southern Tunisia on the Company’s 100%-owned Ech Chouech and Chouech Essaida concessions.  The Company also has a large acreage position in Romania with Miocene and Pliocene sands potential.

Growth

Winstar will focus primarily on high impact Tunisian wells which have the potential to substantially increase cash flow and production.  Future activity will be funded, in great part, internally, by cash flow and divestment of non-core assets, and externally, through joint venture partnerships.

Team

The individual members of Winstar’s Board of Directors, with diversified experience and knowledge, take an active role in guiding the Company. Winstar’s management and staff have extensive international working experience utilized in assessing future opportunities, developing current plays, and managing ongoing operations.