Platina Energy Group (PLTG.OB) Announces Proven Reserves that Exceed $3 Per Share
Platina Energy Group, Inc. (PLTG.OB) reported that the company's estimated proven oil reserves have doubled in value since early 2007. This increase in oil reserve value reflects a potential share appreciation by more than 35%, translating into a fair market price exceeding $3 per share. Blair Merriam, PLatina's CEO, stated, "It will be up to the market place and shareholders to determine the hidden potential of the Company's value and to make informed investment decisions. As reported by the Wall St Journal on Saturday, Oil-price prognosticators, bruised after an unusually volatile spell in the oil patch, have reached a rough…