Diese News erreichten mich gestern Abend direkt von Platina.
Platina Energy Group, Inc. Signs Deal to Acquire New Leases, Substantially Increasing its Acreage in the Palo Duro Basin. Cheyenne, Wyoming ? June 18th, 2007 5:30 AM (MST)
Platina Energy Group, Inc. (Symbol OTCBB: PLTG:OB), (Symbol Frankfurt: 05Y.F), (Symbol Berlin: 05Y.BE), (Symbol Xetra: 05Y.DE) (Symbol Stuttgart: 05Y.SG) is pleased to announce that it has signed a deal to exercise its option to acquire a major stake in the Hall and Kirkpatrick leases located in Swisher and Hale county, Texas. The acquisition represents a substantial increase to its current holdings in the Palo Duro Basin, raising the company?s leased acreage by approximately 920 acres. As mentioned in a previous press release, a Morgan Stanley report compares Palo Duro Basin to Barnett Shale, the largest natural gas play in Texas. Mr. Blair Merriam, the CEO of the Company states, ?We are pleased to have signed a deal for these options in particular, based on our opinion that these locations have the best potential.?
About Platina: Platina is an E & P company that owns several oil and gas prospects in Continental North America. The Company is currently in production in addition to owning considerable proven reserves for which it is in the process of obtaining drilling permits. Platina also owns rights to a German inspired, proprietary oil recovery technology that provides exceptional performance at a fraction of industry standard costs.
Contact: Blair Merriam, Chairman & CEO Platina Energy Group, Inc. (OTCBB: PLTG.OB) (DRB: 05Y ? FRA) Phone: 307-637-3900 InvestorRelations@platinagroup.com
SEC DISCLAIMER Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains ?Safe Harbor? provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood. Platina Energy assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
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