Platina Energy Group, Inc. is pleased to announce that it has nominated Mr. Chip Langston to its board of directors and has appointed him as president of a new, wholly owned subsidiary, Platina Exploration Corp. Mr. Langston brings over 30 years experience in the oil and gas business and has been instrumental in the development of millions of dollars in oil production through out his career. Mr. Langston's appointment brings numerous opportunities for Platina to dramatically enhance its holdings, in addition to substantially increasing shareholder value.
About Platina Energy:
Platina is an E & P company that owns several oil and gas prospects in Continental North America. The Company is currently in production in addition to owning considerable proven reserves for which it is in the process of obtaining drilling permits. As an E & P company, Platina is uniquely positioned because it also owns rights to a German inspired, proprietary oil recovery technology that allows the cost effective recovery of huge, untapped reserves that exist through out the world.
Contact:
Blair Merriam, Chairman & CEO
Platina Energy Group, Inc. (OTCBB: PLTG.OB - News; DRB: 05Y - FRA)
1807 Capital Ave.
Suite 101 - I
Cheyenne, Wyoming 82001
Phone: 307-637-3900
ir@platinagroup.com
Web Site: www.platinaenergygroup.com
SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood. Platina Energy assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Source: Platina Energy Group, Inc.
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