Business NewsMarketWire • PetroSun Receives Commitment Letter From Energy Southwest

PetroSun Receives Commitment Letter From Energy Southwest

PetroSun Receives Commitment Letter From Energy Southwest

SCOTTSDALE, AZ--(Marketwire - January 8, 2010) - PetroSun, Inc. (PINKSHEETS: PSUD) announced today that Energy Southwest, LLC has notified PetroSun that it has received a firm funding commitment of $12,500,000 for Phase 1 of the Manuel Seep Prospect exploration program located within the Holbrook Basin of Apache County, Arizona. The agreement between PetroSun and Energy Southwest covers approximately 838,870 acres of oil and gas rights in Arizona and New Mexico.

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PetroSun Receives Commitment Letter From Energy Southwest