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. Based on the foregoing,
the Company is positioned to achieve significant growth through
its drilling and rework activity. We will endeavor to keep you
informed of the latest activities on this website. |
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Platina’s CEO, Blair
Merriam, has extensive experience in the Oil and Gas Business
and possesses the comprehensive business skill sets required
for managing and developing a rapidly growing organization.
As the Company has continued to grow, additional strategic
personnel, each with local knowledge and share ownership in
the Company, will allow for efficient expansion into many geographical
areas. |
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