HINSDALE, Ill., Dec. 19, 2007 (PRIME NEWSWIRE) -- Voyager Petroleum Inc. (OTCBB:VYGO) (Frankfurt:DXD) is pleased to announce today that its subsidiary, Monarch Petroleum, Inc., has purchased processing equipment for the Detroit processing facility. Under the terms of the purchase agreement, Monarch is to make three monthly installment payments by February 12, 2008, one of which has already been made. In the event any payment is not made as agreed, then the seller has the right to repossess the equipment together with interest and a late fee. Monarch is also finalizing purchases for equipment accessories with the same seller and other vendors. The newly acquired equipment has the capacity to process 1.5 million gallons of used oil per month. Sebastien C. DuFort, Voyager's President stated, "A key focus of the company is to identify environmentally conscious methods of processing and this equipment will allow us to process the used oil without hazardous air emissions." The Company intends to use the plant for storing, processing, drying, and bottling reclaimed used oil for use in lubricant oil products that will be sold to the automotive and industrial after-markets.
About Voyager Petroleum
Voyager Petroleum seeks to acquire reputable middle market petroleum based lubricant companies and/or facilities that are capable of refining, blending, bottling, and distributing to the automotive and manufacturing after market.
Forward-Looking Statements
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