Platina Energy Group Inc. (PLTG)

OTC Journal, Stock Stars, Standout Stocks, OTC Picks, Stock Tiger, Knobias, Micro-Cap Opportunity, Invest Source, and WallStreet.net all reported on Platina Energy Group Inc. (PLTG ) and we are featuring them here as well here at the QualityStocks.net Daily Newsletter.

Platina Energy Group, Inc. is a diversified exploration and production company that performs environmentally, and socially responsible, well-site remediation methods. Headquartered in Dallas , Texas , they have successfully acquired properties in Northeast Tennessee, West Texas, and Central Texas and are now expanding into Oklahoma , East Texas, Kentucky , and Wyoming . The company's subsidiaries are Appalachian Energy, Wildcat Energy Corporation, Platina Exploration, Oil Recovery Technologies, Applegate Petroleum Management, and Bowie Operating L.L.C.

Platina owns certain exclusive rights to the Thermal Pulse Unit (TPU). This proprietary heavy oil recovery technology can increase certain types of oil production. This technology has potential to reduce U.S. dependence on foreign oil due to increased efficiency of existing U.S. reserves. Platina's management team is structuring their portfolio through geologically and geographically diverse lease acquisitions. The company began in 2005, and trades on the OTCBB.

Yesterday, Platina Energy Group, Inc. reported a daily natural gas production increase of 200mcf for the week ending June 29, 2008. Estimated net oil production for the same week was 100-200 barrels. They are in the process of adding oil collection tanks known as tank batteries to common field areas for storage and pick up.

On June 19, the company announced more gas wells have been connected to their pipeline in Kentucky. 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 plus 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."

Platina Energy Group Inc. (PLTG ) closed the day's trading at $0.1450, which was up $0.0190 or 15.08 percent from yesterday's close. Their share volume was 1,128,293 and their 3-month average is 582,375. The company's 52-week range is $0.07 to $0.55.