Alberta Star Development Corp. is a Canadian exploration-stage resource company. The Company is an exploration and development company that identifies, acquires and finances oil and natural gas assets in Western Canada and advanced stage mineral exploration projects in North America. The Company�s mineral properties are in the exploration-stage. On April 14, 2011, the Company drilled, ceased and completed the first well of its Blackfoot Phase I-three well on the Blackfoot heavy oil property in Lloydminster, Alberta. On May 10, 2011, it completed a property swap with a Canadian oil producer resulting in the Company acquiring a 50% interest in petroleum and natural gas rights in Saskatechewan in exchange for its 50% interest of undeveloped land in the Golden Lake area. On February 14, 2012, it drilled a well on Landrose property. In April 2013, the Company sold its heavy oil assets in Alberta and Saskatchewan to Petrocapita Oil and Gas L.P.