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Petrogress Inc. (PGAS)

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Last Post: 6/24/2017 1:14:18 PM - Followers: 57 - Board type: Free - Posts Today: 0

 

 

Petrogres

(Ticker:OTC)
"PGAS"
"As of June 30,2016"
(Common  Shares)

A/S:490,000,000
O/S:166,795,087
Restricted:136,000,000
Float:30,795,087
Par Value: 0.001
(Preferred Shares)
P/s:10,000,000 Par Value:0.001
(Non-Issued)

Key Figures


Christos A. Traios
(President,Director & CEO.)

Mr. Christos A. Traios served as the President and Director of Flint Int'l Services, Inc.
Mr.Traios serves as
Managing Director and Director at Petrogres Co. Limited. Mr. Traios served as a third and second captain on vessels. He managed and operated commercial cargo vessels from 1988 to 1995. In 1997, he formed Essco Maritime Ltd. as and director under which he operated ... sixteen dry cargo vessels. In 2009, he formed Petrogres Co. Limited. Mr. Traios has been in the maritime industry for more than twenty-five (25) years and has been in the oil business for eight (8) years. Mr. Traios attended Master Mariner & Law Maritime School for three years and served as second captain in the shipping industry for three years. He was educated in law and at a maritime school.


"Discription of Business"
The Company operates as a holding company for its wholly-owned subsidiaries. These subsidiaries are as follows:

petrogres co limited

“Physical oil trade and shipping are at the core of our activities”

Founded in 2009, Petrogres has become a strength oil trading company in West Africa

Petrogres Co. Limited, is an international merchant of Petroleum products. From the very beginning we differentiated ourselves by committing to long-term business relationships and the application of innovative trading solutions. By combining our regional market knowledge and our excellence shipping experience of over 25 years, we have earned a reputation for reliably marketing and moving petroleum products within West Africa and Mediterranean and Countries. The Company intends to expand this model of its operations and business to other continents as well.
 

Petronav Carries llc

“Experience from the past and the present is used as the basis of our Fleet successful operations”

Petronav, was formed on March 9th 2016 in Delaware, as a wholly-owned subsidiary of Petrogress, Inc.

Petronav, manages in-house a fleet of crude oil carriers and trades them in West Africa, known as a most difficult area for navigation and trade;
At Petronav, the top management and the staff have substantial experience in the shipping industry. Our management team is based in Piraeus and includes several executives with extensive experience in shipping operations and have demonstrated substantial ability in managing the commercial, technical and financial aspects of our business; all under the umbrella of Petrogress, Inc.  We are focused to increase our carrying capacity of oil products by adding new tankers into our fleet that will maintain our primary role and the competitive advantages around our operating areas.
 

Petrogress Oil & Gas Energy Inc

“We are focused on maximizing shareholders value by investing to new areas and projects."

Our immediate plans for expansion are underway though a supply of US Liquefied Natural Gas (LNG), and for such purpose in 2015 Petrogress Oil & Gas Energy incorporated in Texas. We intend to exploit oil fields in Texas that we presently negotiate to purchase, but mostly to expend into LNG market and further execute or present opportunities which are under negotiations with US suppliers to export LNG to Mediterranean markets.
 

Navigas Carriers Inc
"Navigas is projected to invest significantly into the Liquefied Natural Gas sea transportation sector."

NCI is a newly formed Delaware Incorporation that was founded  in order to enter into Liquefied Natural Gas sea transportation globally but mostly of  US LNG exports;the Company is presently negotiating the lease of one LNG carrier of 130,000 m³ cargo capacity with option to lease one more in the near future.
 

 
Oceanus Naftiki llc
"Leading the way – from Concept to operating."
bulk carriers
 

Globalization is creating huge demand for shipping & logistic services;

The World economy has led to fundamental changes of the International framework and there is a great dependence between the Countries;As a recognized entity in maritime sector, Oceanus Naftiki –a Delaware Corporation- in the forefront of maritime development, is willing to provide high standards ship management and service in the dry-bulk ocean freights;

Oceanus offers cutting-edge expertise in improving and optimizing vessel’s management and operations;
Oceanus goal is to be the best performer and most qualified management company of the bulk carrier industry, using skilled personnel and long-term relationships with charterers and commodity producers;

 



"Financials"   

  • Petrogres is one of the few with local presence in W. Africa and comprehensive product coverage. As physical traders, we gain first-hand experience of economic fundamentals as they play out on the ground.From small beginnings, in the last three years we’ve grown rapidly and became a key crude oil trading entity in the area. Our sales proves that the company is growing year by year with substantial benefits to remain for the company’s developments.

Petrogres has grown from 2012 through 2015 and management expects the trend to continue to grow. Since 2012, Petrogres has moved a total of approximately 800,000 barrels of LPFO oil and had gross revenues (unaudited) of approximately $65 million, as follows:

 

Year

 

LPFO(barrels)

   

Revenues

(unaudited)

2012   109,091   $ 10,000,000
2013   127,854     12,723,373
2014   175,000     19,737,828
2015   387,093     23,778,978

charts


"Fleet"
PETROGRES MARITIME
 

apecus tankeroptimus tankerinvictus tanker
entus tanker
 

"Locations"

GREECE

10, Sp. Trikoupi Str., Piraeus 185 38
T: + 30 210 4599 741 F: +30 210 4599 744
E-mail: pghellas@petrogres.com

CYPRUS

335, Ag. Andrea Str, Limassol
T: +357 257 48125 F: +357 257 48005
E-mail: pgcyprus@petrogres.com

GHANA
1, Community Str., Tema Port
T: +233 262 421123
E-mail: pgghana@petrogres.com
 

Corporate Headquarters:
319 Clematis Street
West Palm Beach, Florida 33401
United States Phone: 561-249-6511

http://www.petrogressinc.com/contact.html

 

Petrogress Selects PCG Advisory Group for Integrated Strategic Communications.

Logo
"10-13-2016"

 
PGAS
Current Price
Volume:
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PGAS News: Current Report Filing (8-k) 06/23/2017 03:07:21 PM
PGAS News: Quarterly Report (10-q) 05/22/2017 04:37:08 PM
PGAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/15/2017 05:48:38 PM
PGAS News: Amended Annual Report (10-k/a) 05/15/2017 03:32:24 PM
PGAS News: Annual Report (10-k) 04/13/2017 04:16:36 PM
PostSubject
#3004   wonder who will replace him? getmoreshares 06/24/17 01:14:18 PM
#3003   8K filed 6/23/17: http://petrogressinc.com/investors/sec-filing.html 1984V65Magna 06/24/17 12:25:41 PM
#3002   Enter date to view previous 30 days of getmoreshares 06/23/17 08:54:53 PM
#3001   it has always been light!! getmoreshares 06/23/17 08:53:46 PM
#3000   Volume very light.... BlurbyOne 06/23/17 04:49:15 PM
#2999   Sitting on my chairs 1center 06/22/17 01:15:32 PM
#2998   By the way, for every investor who sells soupforthesoul 06/21/17 08:46:25 PM
#2997   New recent high today. The trend is up. otcbargains 06/21/17 04:58:45 PM
#2996   $PGAS..0275 Petrogress is well funded to support its 1center 06/20/17 02:24:21 PM
#2995   So on top of everything else we have otcbargains 06/20/17 12:47:01 PM
#2994   Only the comment in the annual report that 1984V65Magna 06/19/17 09:19:32 PM
#2993   Any one know the status of $PGAS acquiring 1center 06/19/17 09:31:24 AM
#2992   Have a fun weekend y'all 1c 1center 06/16/17 04:07:03 PM
#2991   Maybe just me, but it was nice to 1center 06/16/17 10:26:43 AM
#2990   That is interesting. This may be even otcbargains 06/16/17 09:55:02 AM
#2989   Nice day! 1984V65Magna 06/15/17 05:46:14 PM
#2988   $PGAS..0.0275 (+11.34%)Volume 394,569... 1center 06/15/17 04:26:04 PM
#2987   Evidently they are up listing reading 1984V6 post 1center 06/15/17 03:49:52 PM
#2986   Thank you 1center 06/15/17 03:02:31 PM
#2985   I like bigly 1center 06/15/17 02:09:57 PM
#2984   They have completed the application for uplisting. 1984V65Magna 06/15/17 01:53:42 PM
#2983   Looking at past results and now understanding the otcbargains 06/15/17 01:40:55 PM
#2982   Hmmm. Don't know. otcbargains 06/15/17 01:07:31 PM
#2981   The OTC profile has a QX sponsor at 1center 06/15/17 12:29:15 PM
#2980   lol was just reading that 1center 06/15/17 11:36:23 AM
#2979   I see a letter to shareholders on the otcbargains 06/15/17 11:33:37 AM
#2978   $PGAS Straight up balance sheet..Q1 Net Tangible Assets 1center 06/15/17 11:27:30 AM
#2977   I saw that yesterday. If this years otcbargains 06/15/17 10:35:50 AM
#2976   otc- looks like they had 2 ships dry 1center 06/15/17 10:31:33 AM
#2975   Slow and steady. it's going to be vertical! soupforthesoul 06/11/17 09:48:44 PM
#2974   Question for the longs. otcbargains 06/08/17 03:54:20 PM
#2973   Yes, we all need all-new stream of news soupforthesoul 05/28/17 10:37:05 PM
#2972   Agree! getmoreshares 05/24/17 03:53:47 PM
#2971   I'm thinking when this play wakes up, it SPM555 05/24/17 11:33:03 AM
#2970   .002 PROFIT per share! getmoreshares 05/22/17 04:57:37 PM
#2969   VVVVVVVVVEEEEEEEEERRRRRRRRRRRRYYYYYYYY longer term!! getmoreshares 05/16/17 10:35:01 PM
#2968   This is a longer term hold! We really soupforthesoul 05/16/17 10:13:02 PM
#2967   Signature was the only addition to the filing--save getmoreshares 05/15/17 04:15:31 PM
#2966   very patient--they were all free divi shares-- already getmoreshares 05/13/17 07:43:52 PM
#2965   Your more patient than me. TheWhopper 05/13/17 05:58:15 PM
#2964   LOL--rs-- what will the AS be two shares??? getmoreshares 05/13/17 05:39:12 PM
#2963   PGAS Security Details getmoreshares 05/13/17 05:38:00 PM
#2962   Ince it gets down to .0001 it will TheWhopper 05/10/17 02:28:59 PM
#2961   should turn heads SOON! wanting more action! soupforthesoul 05/08/17 09:52:56 PM
#2960   little action today! getmoreshares 05/03/17 10:24:29 AM
#2959   Indeed get! :-) When she wakes up, the wait neophyte184 05/02/17 10:33:07 AM
#2958   Just a matter of time before this stock neophyte184 05/02/17 10:32:16 AM
#2957   the wait has been long--but the shares were getmoreshares 04/30/17 11:28:08 PM
#2956   Yes, waiting for the day of rich profits. soupforthesoul 04/30/17 09:22:53 PM
#2955   Just a waiting game for the PGAS faithful.... neophyte184 04/25/17 06:46:51 AM
PostSubject