Petrosearch Energy Corp. announced that due to severe power outages in the Houston area as a result of Hurricane Ike, the Company's Houston corporate office was without electricity, water and phone service from September 13 to September 25, 2008. The Company is pleased to have all those necessary services restored and the Houston office is now working at full capacity as of today. We thank everyone for their support, patience and cooperation throughout this event.
During this time and at present, the Company continues to pursue the most advantageous corporate strategic alternative for the shareholders given the Company's current financial position and portfolio of assets.
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