Stellar Sell remaining interest in Elk Hills Heavy Oil LLC for $1 million.

OTCQB: SRRL HENDERSON, NV, Nov. 1, 2011 /PRNewswire/ - Stellar Resources Ltd., (OTCQB: SRRL), (the "Company") is pleased to announce that it sold its remaining ownership interest in Elk Hills Heavy Oil LLC (EHHO) to Elk Hills Petroleum Canada Ltd. (EHPC). The Company sold 75,000 ownership units (representing a 41.67% ownership) to EHPC for $1,000,000 payable by April 30, 2012. EHPC now has 150,000 EHHO ownership units representing 83.5% ownership interest. Concurrent with the sale Ray Jefferd r...continued SRRL

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