Platina Energy Group, Inc. is a diversified exploration and production (E & P) Company. It is the first of its kind listed on the NASDAQ OTCBB (symbol: PLTG), to advent environmentally and socially responsible well site remediation methods. Under the direction of President and CEO Blair Merriam, since its organization in 2005, the Company has successfully acquired properties in Northeast Tennessee, West Texas, Central Texas and is now expanding into Oklahoma, East Texas, Kentucky and Wyoming.
With various financing structures for acquisition and development in place, the Company has been able to diversify its exposure while building solid assets and cash flow coupled with accretive share issuance. Platina has advanced to one of the fastest growing Companies of its type using a combination of acquisition and organic growth. Supporting all of this is a major stake in ownership and equity investment by management evidencing a strong alignment of interest between passive investors and insiders.
The Company, headquartered in Dallas, Texas, has made key acquisitions potentially worth hundreds of millions in proven and possible reserves. With production increasing on a monthly basis, operational profitability is expected as early as the first part of 2008. Further, the Company owns certain exclusive rights to the Thermal Pulse Unit (TPU). This is a proprietary heavy oil recovery technology capable of increasing certain types of production with the potential to reduce US dependence on foreign oil from increased efficiency of existing US reserves.
Since its inception, Platina’s management has been aggressively structuring a portfolio through lease acquisitions that are both geologically and geographically diverse.
Corporate Headquarters
14850 Montfort Drive, Suite 131
Dallas, Texas 75254
Tel: 972.458.9600
Fax:480-287-9560 Investor Relations
E. management@platinagroup.com
http://platinagroup.com
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