Dallas, Texas – Wednesday, July 23, 2008, 4:05pm EST

Platina Energy Group, Inc. ( Symbol OTCBB: PLTG ), ( Symbol Frankfurt: O5Y.F ) reports this week’s production estimate at 550 BOE for Kentucky . This includes 180 barrels of existing oil plus estimated field production for natural gas. At present pricing, roughly $75,000 for the week !

Blair Merriam, President stated, “Assuming no growth, with level production, the annualized income, basis the current common shares issued and outstanding, is almost 3.5 cents per share. Considering there is additional production from other fields, and new product is being added in Kentucky weekly, our revenue over the next twelve months could easily challenge our current stock price .”

Growth in Kentucky is significant for Platina. Probable production estimates could easily double or triple current rates over the near term . The Company toured investors over the recent days who were more than impressed with all of the developmental achievements and have promised to post their independent video recordings onto YouTube in the near future.

This is great news for Platina, company keep their promises and production is growing every day. Production $75,000 for the week !!! That means $300,000 per month!!! Read CEO's letter, in this letter is described what we can expect until the end of summer:

http://platinagroup.com/pdfs/Shareho...

Time of pltg just begin! This week first fund buy pltg shares, last week somebody buyed 400,000 shares at price 0.16$. As of July 14, 2008, the Company paid down its obligation to La Jolla.

Everything great, congratulation to longs, our times is just begin!!! Today we may see rebound to last week sp 0.18$!!!

Long and strong on pltg!!!