Platina Energy Group, Inc. (OTCBB: PLTG) (FRANKFURT: O5Y) reports targeted drilling depth for two (2) additional wells on its Kentucky field. Both wells have shown good indications for production and will be completed before the end of next week .

Blair Merriam, President of Platina, stated, "These are the second two (2) wells to be drilled on the Kentucky site. Our first drilling activity continues to produce natural gas into the pipeline. We will be examining the potential to produce both gas and oil from some of these locations as we continue our aggressive developmental program on this field. We are very fortunate to have cooperative conditions and management is elated by our progress -- ahead of schedule and within budget ."

Similar to the first drilling activity for the Kentucky field, Platina expects commercialization into the pipeline within the next two weeks and additional oil extraction to be possible by July .

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