Las Vegas, NV -- (SBWIRE) -- 12/03/2013 -- PAR PETE CORP (OTCBB:PARR) announced that it acquired Tesoro Hawaii and thus the company is now adjusting the financial statements to combine the financial operations.
PARR attached the unaudited combined financial statements of Tesoro Hawaii. The company is also adjusting the investment and mortgage operations of the acquired company. The company stated that there are also some Bank activities of Hawaii that the company will adjust in its statements.
Par Petroleum Corporation, formerly known as Delta Petroleum Corporation was formed in 1984. It is a company that deals with searching and availing opportunities in natural gas and oil through acquisition, management and production. The company’s assets are located in Colorado. Its principal asset is Piceance Energy. The company also offers services of transport, distribution, and selling of crude oil.
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