http://news.yahoo.com/s/ap/oil_price...
This is good for pltg. Platina has in last time grow in production. In compare with other stocks this is one of the best stock to be in.
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 $4,000,000 plus from the new connections by the end of June. We are only part way done with our present developmental program in Kentucky , but expect to enjoy cash flows beginning in July and a healthy revenue stream from these wells for years to come ."
All good for pltg, with price under 0.14$ now is the best time to buy! We are waiting for so many news from Wyoming, Kentucky and Tennessee!
On Monday, 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.
All great!
Long and strong on pltg!!!