More on PLTG

PLTG realizes that the more we are able to rely domestically for our energy needs, the less need for foreign oil particularly from controversial nations.

A few years ago, the National Defense Council Foundation was engaged in a detailed analysis of the "hidden" cost of imported oil.

Their analysis revealed that the cost of imported oil was costing $304.9 billion annually!

PLTG is focused on domestic production of oil with their successfully acquired properties in Oklahoma, Kentucky, Tennessee, Texas, and Wyoming.

PLTG is one of the fastest growing, environmentally responsible, oil and gas production and reserve Companies.

There is no doubt that the demand for oil is monstrous.

Just look at these statistics!

According to The International Energy Agency (IEA), the world will consume 115.4 million barrels of oil per day by 2030!

The Energy Information Administration has estimated that demand for oil in the United States would reach 28.3 million barrels per day in 2025!

Just last month, PLTG reported the acquisition of an additional 1,000 oil and gas lease acres in Laurel County, Kentucky. This represents more than a 50% increase from the previous 1,700 acres that PLTG has already drilled 10 successful wells on.

This gives PLTG approximately 70 potential well locations in the targeted developmental area.

Pictures of PLTG's Laurel County Project can be seen here: http://platinagroup.com/multimedia/kentuckypics.htm

PLTG has independent proven reserve reports stating that they have over 20 billion cubic feet of natural gas and approximately two million barrels of oil on three (3) of their six (6) field projects.

Management believes that PLTG may have consolidated reserves of over a billion dollars given today’s prices, which does not include the other three (3) fields that have potential reservoirs but not yet proven.

This past July, PLTG released independent reserve report data quantifying its holdings in Kentucky and Tennessee for net oil and gas reserves.

According to the report, the specific net recoverable quantities are 1.85 million barrels of oil and 24BCF of natural gas. At present pricing, this represents a value well in excess of $500 million!

PLTG understands that our environment is sacred.

PLTG is the first of its kind listed on the OTCBB to advent environmentally and socially responsible well site remediation methods!

PLTG 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.

PLTG's TPU technology combines conventional compression and pumping ability in a very novel way. The device combines “off the shelf” components with proprietary assembly and use applications in a user-friendly manner. The result is the most efficient and safest machine of its kind in the market place.

The Thermal Pulse Unit (TPU) is a cost-effective and environmentally friendly solution for enhanced oil recovery. It provides a significantly lowered cost basis per barrel for recovery without the problems associated with existing technologies such as CO2 flooding and steaming.

Environmentally friendly, with a small footprint, this unit can be portable or permanent. Fuel usage is also dramatically lower than industry standards.

PLTG President and CEO Blair Merriam commented, "Our primary focus remains on the accumulation of reserves. With oil and gas near all time highs, we have incredible hidden proven reserve value behind our stock, positioning Platina as an attractive Company on a fundamental basis."

The other week Warren Buffet swooped in and bought Constellation Energy for roughly $4.7 Billion in cash.  I think when the most successful investor of all time and one of the wealthiest man in the world starts buying we should take notice.

Buffett is quoted as saying, "MidAmerican has been a wonderful steward of its energy assets and the acquisition of Constellation Energy, when completed, will prove beneficial to all constituents."

There's value in the energy sector right now and with PLTG recently expanding their leases by 1,000 areas in Kentucky there is lots of upside to be seen.

This gives PLTG 70 potential well locations in the targeted area.  PLTG announced that drilling in the new area was going to start this weekend.

According to Blair Merriam, President, "We continue to work diligently to complete each of the previous ten (10) wells that we have drilled on this field, we have a couple of offset wells that are important to us that we will be starting immediately that could also be huge producers."

PLTG is comprised of 4 different subsidiaries.  These include Appalachian Energy, Wildcat Energy corp, Patina Exploration, and Oil recovery Technologies.

You can read about the subsidiaries here: http://platinagroup.com/subsidiaries.htm

Here's a video update from the CEO of PLTG himself: http://platinagroup.com/multimedia/update_808.htm

As you can see PLTG already has wells processed and not just out there exploring.  With oil prices low as they are now PLTG has the potential to explode!!

If oil price run back up to levels we saw in the Summer, PLTG may also test Summer highs which could mean gains of over 200% from the current levels.

PLTG, headquartered in Dallas, Texas, has made key acquisitions potentially worth hundreds of millions in proven and possible reserves.  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.

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