Blacksands Pacific - Announcement of Majority Shareholder

BLACKSANDS PACIFIC is the trademark name for all BLACKSANDS PACIFIC businesses including Oil & Gas Exploration and Production, Marketing & Trading, and Upstream Oilfield Services. THE BLACKSANDS PACIFIC GROUP is incorporated in the State of Delaware with subsidiaries incorporated in the State of Delaware, the Bermuda and Hong Kong.

"BLACKSANDS PACIFIC ENERGY CORPORATION", "BLACKSANDS PACIFIC ENERGY SERVICES", "BLACKSANDS PACIFIC ENERGY TRADE & SUPPLY", "BLACKSANDS PACIFIC E & P SERVICES" AND "BLACKSANDS PACIFIC" refer to the network of member subsidiaries of THE BLACKSANDS PACIFIC GROUP, INC (BSPG). Each member subsidiary is a separate legal entity and does not act as agent of BSPG. BSPG does not undertake any trade. BSPG is not responsible or liable for the acts or omissions of any of its member subsidiary nor can it control the exercise of their professional judgment or bind them in any way. No member subsidiary is responsible or liable for the acts or omissions of any other member subsidiary nor can it control the exercise of another member subsidiary's professional judgment or bind another member subsidiary or BSPG in any way.

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Announcement of Majority Shareholder