The SI Report: Our Progressive Review Of PLTG

Fri. November 21, 2008; Posted: 03:52 AM

Nov 21, 2008 (M2 PRESSWIRE via COMTEX) -- PLTG | Quote | Chart | News | PowerRating -- Streetinvesting.com has now resumed our progressive review of Platina Energy Group, Inc. (OTCBB: PLTG | Quote | Chart | News | PowerRating ) (FRANKFURT: O5Y), this Thursday, 20th November, 2008, the company was down 38.89 percent with a volume of 4,228,578. Based on the Company's most recent news release; we will be progressively reviewing the impact of the markets and the effects of their developments. We will be providing updates and analyst opinions as new stories unfold.

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Our research resources have been aimed towards the US Large Caps and the various prospective companies therein Platina Energy was among those that we have been closely examining due to their recent news and trading patterns. Sign up at www, streetinvesting.com for more information on the company mentioned herein.

This Thursday, 20th November, 2008, Platina Energy Group Inc.,reported Magnetic Resonance Detection interpretation by David Shroff, PE, further validating and quantifying oil and gas reservoirs in Kentucky. This same engineer has a substantial history including 120 prior successful well evaluations.

Additionally, the Company has retained the unique completion services of a proprietary ionized water injection system. This completion process works in tandem with the frequency generated well MRD identification tool. Readings across three wells suggested potential initial oil production of 20-480 BPD and 340-800mcf/day gas.

Blair Merriam, President, stated, "The Kentucky field has been a prolific field for Platina. The code to optimize maximum recovery has been a challenging matter and one that we now believe we have a handle on. According to last week's test and validation, we are even more excited than we have ever been about production potential from this field."

Streetinvesting.com will continue to follow the progress of this company following their most recent news announcement. Visit www.streetinvesting.com and signup free for our financial market services.

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