Wall Street News Alert Featured Company: Platina Energy Group (PLTG.OB) to Enhance Acquisition
Platina Energy Group recently announced that it will be initiating engineering consultation on its new Quitman, TX acquisition to potentially double production. The company also reported that its proprietary Thermal Pulse Unit technology can be used to enhance extraction. Blair Merriam, President and CEO of Platina, stated, "The Company anticipates a significant increase in production resulting in increased revenues in the fourth quarter. The Company will continue its focus on further acquisition of operational wells and anticipates closing other acquisitions later this quarter ahead of schedule." Platina Energy Group is aggressively acquiring drilling properties and related energy assets. Earlier this…