http://www.marketwire.com/press-rele...

DALLAS, TX--(Marketwire - July 15, 2008) - Platina Energy Group, Inc. (OTCBB: PLTG ) (FRANKFURT: O5Y) releases 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 $500,000,000.00 .

"This is probably the most significant news that the Company has ever released. Although we have other reserve report estimates on other fields that total another $100 or more million , this particular report is extremely conservative based on what we are recovering on the Kentucky field at the moment. We think that the actual reserves could be much higher, but it is too early to tell," stated Blair Merriam, President of Platina Energy Group.

Production in Kentucky continues to rise at a rapid rate as a result of the recent drilling activity .

So, rumors were true!!! Enjoy this great day for pltg!!! This is great news that tell to us that our sp should be in the range of 5$!!! Look at just to pltg current Market Cap 12.25M and compare this price with 500.00M, not to tell that we are totaly undervaluated!!! This great news will bring today lot of buyers to pltg and we will have gap up in the morning, there will be no more shares available for 0.15$, this range tomorrow will be past. I will do some analysis later but now I will explain how I see today trading. So if you are not in you should be very fast because in the early morning at 9:30 we will have a gap up and we will jump to new range round 0.25$, I will play like this: I will buy everything what I can with buy limit 0.18$, I will wait for the middle of the day and then I will buy the rest of shares for the next available ask. Let see how this great day for pltg will be, but this will be a great day, with breakout, gap up and big volume, buy and enjoy the day!!! Sky is the limit!!! Everybody will win on the end!!! Pltg, the best stock to be in!!!

And also I like the end of this news which means that next great news are comming!!!

Happy green day!!!!!!!!!!!