Wall Street News Alert Featured Company: Platina Energy Group, Inc. (PLTG.OB) to Potentially Sign a $16 Million Producing Production Transaction
Platina Energy Group recently announced that the Company and Bow Energy intend to sign a $16 million producing production transaction on two major leases in Texas. The transaction could be worth tens of millions in revenues for Platina Energy once the agreement has been completed. Blair Merriam, President of Platina, stated, "This transaction has many moving parts but has evolved from initial discussions, to one that we are quite certain that we will be able to close on. All of the parties concerned have made their best efforts to work together harmoniously and in a professional manner in order to…