PetroSun will operate its Ark-La-Tex oil and gas operations and the Algae BioFuels research, development, product sales and facilities management for the Louisiana biodiesel market from this location.
PetroSun's current oil and gas operations are concentrated in the Ark-La-Tex region with plans to expand into New Mexico, Arizona and Australia in 2007. Algae BioFuels, a wholly owned subsidiary of PetroSun, is an emerging producer of biodiesel derived from the cultivation of algae. PetroSun is headquartered in Phoenix, Arizona with field offices in Shreveport, Louisiana.
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