Silverstar Resources, Inc. (OTCPK:SLVM) is looking for acquisitions. Silverstar Resources announced the acquisition two producing oil properties in Alberta, Canada. "The acquisition of these properties with production of 40 barrels per day equivalent embarks the company on its producing energy acquisition plan," stated Jared Robinson, President and Chief Executive Officer of Silverstar.

Robinson further stated, "Along with this acquisition, the company is already looking at additional properties to acquire."