Platina Energy Group, Inc (PLTG.OB) Reports Production Run-Rate Estimates To Likely Exceed 50 Barrels Per Day Before April End
Platine Energy Group, an environmentally accountable, rapidly growing E&P strategic reserve company, reported fabrication run-rate estimates across holdings in Oklahoma, Kentucky, Wyoming and Texas. Validation of reserves is further solidified by gross production statistics that will likely go beyond 1,500 barrels per month. The forecasts are preliminary for oil now being produced in Kentucky, Oklahoma and Texas. Income interests fluctuate but will be further delineated in succeeding SEC filings. “During a time when the general stock market is under pressure, we are exceeding forecasted performance,” said Blair Merriam, President and CEO of Platina Energy Group, Inc. “Our primary focus remains…