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Petrogress Inc. (PGAS)

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Last Post: 10/23/2017 12:59:41 PM - Followers: 138 - Board type: Free - Posts Today: 3

 

 

Petrogress Inc.

(Ticker:OTC)
"PGAS"
"As of June 30,2017"
(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.


"Description 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"

 
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PGAS
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PGAS News: Initial Statement of Beneficial Ownership (3) 10/19/2017 10:55:24 AM
PGAS News: Securities Registration (section 12(g)) (8-a12g) 10/12/2017 02:32:32 PM
PGAS News: Securities Registration: Employee Benefit Plan (s-8) 09/22/2017 04:21:08 PM
PGAS News: Quarterly Report (10-q) 08/14/2017 02:32:14 PM
PGAS News: Proxy Statement - Other Information (preliminary) (pre 14c) 07/21/2017 03:50:36 PM
PostSubject
#3935  Sticky Note PGAS Entry Time: Debt Retirement, Preserved Tiny Float, times2times2 07/29/17 05:47:50 PM
#3875  Sticky Note $PGAS The MOU in Cyprus is huge! Adding Thoth 07/27/17 09:49:05 AM
#3180  Sticky Note News out: Petrogress, Inc. Enters Into MOU to times2times2 06/30/17 09:01:01 AM
#5062   Looking forward to the Q. greenwillow 10/23/17 12:59:41 PM
#5061   I agree, hoping for some nice action! TheWhopper 10/23/17 12:29:22 PM
#5060   Perfect entry here Copper Hunter 10/23/17 11:19:19 AM
#5058   I'm bored too but I'm going to sick Jerdogg1801 10/20/17 03:54:33 PM
#5057   I'm getting bored. Dubster watching 10/20/17 03:30:46 PM
#5056   thnx MT' Den 10/20/17 03:22:47 PM
#5055   near november 14th MTpennystocks 10/20/17 03:22:01 PM
#5054   when are the finz expected to hit ? Den 10/20/17 03:17:51 PM
#5053   investorshub.advfn.com/uimage/uploads/2017/10/20/rhelgPGAS.JPG MTpennystocks 10/20/17 12:51:27 PM
#5052   wow bid building MTpennystocks 10/20/17 12:47:20 PM
#5051   Damn, what's with the drama? I just posted ShortsFail 10/20/17 03:25:34 AM
#5050   there are also warrants at 0.05 Den 10/19/17 05:52:46 PM
#5049   Found this: Jerdogg1801 10/19/17 02:44:27 PM
#5048   Took some PGAS $ 0.0301. TheLionAndTheLamb 10/19/17 01:50:21 PM
#5047   Wow. I appreciable the honesty in admitting you LilLarry 10/19/17 01:29:00 PM
#5046   It happens to the best. RealDutch 10/19/17 01:26:27 PM
#5045   And like I said, it was known for Traderfan 10/19/17 01:25:06 PM
#5044   It appears I have made a mistake. otcbargains 10/19/17 01:20:36 PM
#5043   You have a problem reading English? RealDutch 10/19/17 01:15:17 PM
#5042   I am not. otcbargains 10/19/17 01:12:54 PM
#5040   You are deliberately posting factually wrong information RealDutch 10/19/17 01:09:36 PM
#5039   He brought in like 10 million assets on Copper Hunter 10/19/17 01:06:15 PM
#5038   Nice sell off. I was hoping for one Traderfan 10/19/17 01:03:34 PM
#5036   A billion shares? Isn’t this only convertible in LilLarry 10/19/17 01:02:18 PM
#5035   Yes thanks for clarifying here. If you read Traderfan 10/19/17 01:02:13 PM
#5034   Share structure remains unchanged. Overreaction to the line of Copper Hunter 10/19/17 12:56:54 PM
#5033   LOL. I pointed it out in my first RealDutch 10/19/17 12:56:49 PM
#5032   If the news has been around for months otcbargains 10/19/17 12:44:46 PM
#5031   I think there might be a misunderstandin out there. Traderfan 10/19/17 12:42:26 PM
#5030   Nice volume...since there is no dilution and a times2times2 10/19/17 12:41:44 PM
#5029   Can anyone explain the reaction to news that’s LilLarry 10/19/17 12:38:20 PM
#5028   So no need to panic, folks. lol. RealDutch 10/19/17 11:50:35 AM
#5027   This thing is kelling me. A few weeks Traderfan 10/19/17 11:49:20 AM
#5026   Is this better? "News Alert: Initial Statement of ShortsFail 10/19/17 11:47:55 AM
#5025   I guess now I know why this couldn't otcbargains 10/19/17 11:46:25 AM
#5024   Volume is up again this morning. It's going Jerdogg1801 10/19/17 11:46:23 AM
#5023   IT's not a PR. And there is nothing RealDutch 10/19/17 11:35:07 AM
#5022   New PR out today: ShortsFail 10/19/17 11:30:37 AM
#5021   DJ Petrogress Inc, Inst Holders, 3Q 2017 (PGAS) ShortsFail 10/19/17 09:43:54 AM
#5020   Can't say for sure, but PGAS fleet is NoMoDo 10/19/17 09:43:31 AM
#5019   Can anyone say if this will affect $PGAS ShortsFail 10/19/17 09:30:24 AM
#5018   Patience pays with solid tickers. The minuscule moves Thoth 10/19/17 08:11:46 AM
#5017  Restored This has been my favorite flip stock for Dubster watching 10/19/17 12:48:00 AM
#5016   Agreed, we'll have to wait a little while ShortsFail 10/18/17 12:10:56 PM
#5015   Folks are hesitant to spread the word too paulsw42 10/18/17 11:18:09 AM
#5014   Is this what you're looking for? ShortsFail 10/18/17 11:00:52 AM
#5013   That seems quite favorable! Dubster watching 10/18/17 10:50:19 AM
#5012   Does anyone know the ice Brent price for Copper Hunter 10/18/17 10:12:39 AM
#5011   Anyone else see they have a 12 month Copper Hunter 10/18/17 10:09:33 AM
#5010   got a little extra (18k) at 034 myself times2times2 10/17/17 05:01:38 PM
PostSubject