Agoracom: Small Cap Investment - Platina Energy Group

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More great news!!!

posted on Jun 23, 2008 04:50AM

Energas to Complete Wyoming Well
Monday June 23, 7:20 am ET

OKLAHOMA CITY--(BUSINESS WIRE)--Energas Resources, Inc. (OTCBB: EGSR - News ) announced today that the Finley #5 well in Niobrara County, Wyoming has reached a total depth of 6,230 ft. Review of the mud and electric logs indicate the potential of commercial oil production from zones in the Leo formation at approximately 6,000 ft. Based on this information, Energas will immediately complete the well to test for production. Completion is scheduled to take place this week and the results will be announced thereafter .

Energas will own a 51% working interest in this well and owns a 44% working interest in this property, named the Rusty Creek Prospect, which covers approximately 1,760 acres. Further announcements will be forthcoming .

In this property Platina has 50%!!!

After so many great news last days we have today another great news, this is the best stock now to bi in!!!

The news from Friday:

Platina Energy Group Connects More Wells to Pipeline in Kentucky
Thursday June 19, 4:05 pm ET

DALLAS, TX--(MARKET WIRE)--Jun 19, 2008 -- Platina Energy Group, Inc. (OTC BB:PLTG.OB - News ), (Frankfurt:O5Y.F - News ) reports as of the close of business on Thursday, June 19, 2008, more gas wells have been connected to the pipeline for purchase by a major supplier .

Blair Merriam, President of Platina stated, "Combined production should range in the 750-1000 mcf/day . At current gas pricing, annualized revenue run-rate should rise to exceed $4,000,000+ from the new connections by the end of June . We are only part way done with our present developmental program in Kentucky, but expect to enjoy cash flows beginning in July and a healthy revenue stream from these wells for years to come."

According to Joel Patton, field management for Platina, "We've been working at top speed to get these wells on line in Kentucky as in addition to our Tennessee field. We're very excited about the revenues that these wells will deliver as both areas have long histories of consistent production ."

This is everything great, we are waiting for another good news, 10KSB-Filing and so many good news to come! We will se 0.25$ very fast. This is from another board:

This stock has just made 3 small investors' watch lists. Sit back and enjoy the $1.40 /share (IMHO) in about 11 to 12 months from now. $4.50 in 3 years. Look just what was happening on friday. Time to buy and enjoy with the sp rising!!!

Go pltg to the sky!!!