Blue Water Petroleum Corp. (OTCPK:BWPC) signed a definitive agreement to acquire Attimar SA on March 5, 2023. Under the terms of agreement, Blue Water will pay the consideration by issuing 37,700,000 Blue Water common shares.

Postoupalski will be appointed as the Chief Operating Officer of Blue Water at the close of the transaction. Blue water's team will integrate Attimar SA directors Davide Vitelli and Pavel Iliev and Chief Inventor Michele Baldin, into the company's daily operations.