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Petrogress Inc. (PGAS)

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Last Post: 9/28/2016 4:21:05 PM - Followers: 59 - 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.



"Who We Are"
The Company’s wholly-owned subsidiary, Petrogres Co. Ltd. (“Petrogres), was incorporated in 2009 under the laws of the Republic of the Marshall Islands, and has branch offices in Piraeus, Greece, the Republic of Cyprus and Ghana. At the time of incorporation, the business purpose was to sell crude oil and oil products in West Africa.

Petrogres operates as an oil commodity integrate company in West Africa. Petrogres provides the supply of petroleum products which are then shipped by its affiliated tanker fleet and delivered to the buyers for local refinery in Ghana. The Company intends to expand this model of its operations and business to other continents. Petrogres’ main operations are managed by an experienced team which is located at Petrogres’s main office in Piraeus, Greece. By combining regional market knowledge and excellent service to its customers, along with more than 25 years’ experience in shipping and ship’s management, Petrogres has earned a reputation for reliably marketing and moving petroleum products primarily in West Africa. The Company’s near term goals for expansion are currently being explored with the Company exploring the potential for acquiring or purchasing or leasing newly built LNG vessels in US to be used for the supply and sea freight of US LNG (Liquefied Natural Gas) exports.


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

about usPetrogres Co. Ltd., a Marshall Islands Corporation,operating as an oil commodity integrate company in West Africa and Mediterranean and provides the supply of petroleum products that ship by its affiliated tanker fleet and delivered to the end buyers. The Company intends to expand this model of its operations and business to other continents as well. By combining regional market knowledge and excellent service to its customers, along with more than 25 years’ experience in shipping and ship’s management, Petrogres has earned a reputation for reliably marketing and moving petroleum products primarily in West Africa.

about usPetronav Carriers llc., a Delaware Corporation, the holder of shares portfolio of the independent ship-owning entities – all under the umbrella of Petrogress, Inc. The Company is handling the management and operations of the existing tankers fleet, by giving the flexibility in our business to work as an integrate company moving our products mainly having the total control of the entire operations –form the supply and the shipping up to final destination! We are focused to increase our carrying capacity of oil products by adding new tankers into our fleet that will maintains our primarily role and the competitive advantages around our operating areas.
about usPetrogress Oil & Gas Energy Inc., a Texas Corporation, primarily focused on investigating the feasibility of acquiring oil fields in Texas so that the Company can expand its operations into the LNG market within the United States market. Our immediate plans for the expansion are underway through the supply and sea carriage of US Liquefied Natural Gas to Mediterranean destinations.


"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

Petrogres 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 Petrogres, 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.
 

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
 

Olympic Filter

 

Petrogres, new investment in Oil filters industry!!

filterPetrogress, Inc., is announcing the conclusion of a new deal-project through its wholly- owned subsidiary, Petrogres Co. Limited,.

  • Petrogres Co.Limited,is expanding its business by strategically investing to Oil filtering industry.
    Petrogres, is acquiring the majority shares of a filtering producing factory, OLYMPIC FILTERS S.A.
    Olympic Filters company., is a filtering producing industry since 1980 and is located in the industrial area of North Greece.
    Factory Commercial value: $6,000,000
    Production Yearly revenues: $4,500,000

The increasing of production and sales, is our primary target. We plan to expand the sales of the products into new markets areas, in Brazil and Africa, where Petrogres has strong relations and presence!

 

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PGAS
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Volume:
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SureTrader
PGAS News: Amended Current Report Filing (8-k/a) 09/30/2016 04:34:23 PM
PGAS News: Current Report Filing (8-k) 09/27/2016 04:32:45 PM
PGAS News: Quarterly Report (10-q) 08/24/2016 01:39:23 PM
PGAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 08/15/2016 05:29:28 PM
PGAS News: Current Report Filing (8-k) 06/23/2016 01:09:17 PM
News News Alert: Amended Current Report Filing (8-k/a) 09/30/2016 04:34:23 PM
PostSubject
#2652  Sticky Note Website updated.Awesome! http://www.petrogressinc.com/ GO PGAS!!! MagicMarvin 05/02/16 05:02:01 AM
#2783   Management needs to give us updates quiet too long airman1 09/28/16 04:21:05 PM
#2782   Again--we have better vol!! More updates soon????? getmoreshares 09/28/16 03:56:20 PM
#2781   I am here waiting patiently. I'm ready when soupforthesoul 09/28/16 02:38:48 AM
#2780   This PPS is TOO CHEAP for selling-IMO! getmoreshares 09/27/16 04:57:37 PM
#2779   someone had inside info that we were going getmoreshares 09/27/16 04:53:50 PM
#2778   good volume! getmoreshares 09/27/16 04:09:18 PM
#2777   $50 trade????????????? getmoreshares 09/26/16 04:14:05 PM
#2776   Yes...very low float. I remember this was a IMNOTSURE 09/23/16 07:30:39 PM
#2775   This penny stock that should break out soon!! airman1 09/23/16 05:53:46 PM
#2774   Uplisting would be awesome. For now I will soupforthesoul 09/22/16 04:53:10 AM
#2773   FYI sold a couple 43K-still holding over 100K getmoreshares 09/21/16 12:09:35 PM
#2772   DANG--we need some info!! What is happening????? getmoreshares 09/20/16 06:49:54 PM
#2771   More positive updates to come airman1 09/19/16 02:47:54 PM
#2770   Also holding long good opportunity airman1 09/19/16 01:05:37 PM
#2769   Looking better here. Watching and waiting for blast off… PGAS neophyte184 09/19/16 12:47:32 PM
#2768   Still holding.Go PGAS!!! MagicMarvin 09/19/16 04:31:36 AM
#2767   It has proven its ability to build its soupforthesoul 09/19/16 04:07:39 AM
#2766   We desperately need some good news airman1 09/15/16 07:00:41 PM
#2765   FYI--took a few profits-sold 50K shares. getmoreshares 09/14/16 10:25:34 AM
#2764   No worries, the tide will surely turn again! soupforthesoul 09/13/16 11:28:24 PM
#2763   LOL--better sharpen the blade. AGREED--WE WAIT! getmoreshares 09/12/16 04:43:19 PM
#2762   I'm still holding and waiting for positive momentum. soupforthesoul 09/07/16 09:50:56 PM
#2761   Noted the growth earnings potential/Revenue has not even airman1 09/06/16 07:31:49 PM
#2760   Very true. Usually people wait and then neophyte184 09/05/16 09:16:21 PM
#2759   Funny thing about stocks, when there seems to soupforthesoul 09/04/16 10:00:12 PM
#2758   Hopefully a trend that continues. We shall see. Regards, Neo neophyte184 08/31/16 11:58:09 PM
#2757   In thinking yes. Watching closely now. :-) PGAS neophyte184 08/31/16 11:57:29 PM
#2756   good to see a little better vol today!!!!!! getmoreshares 08/31/16 05:13:19 PM
#2755   Need CEO/CFO Updates ASAP?? airman1 08/31/16 05:12:32 PM
#2754   Creeping up quietly...a little better bid support. Something coming? IMNOTSURE 08/31/16 02:13:51 PM
#2753   Hmmmmmm neophyte184 08/31/16 02:03:40 PM
#2752   Good to see a little volume! approx $3k getmoreshares 08/29/16 04:56:13 PM
#2751   yea, some healthy support might be needed soupforthesoul 08/28/16 11:24:28 PM
#2750   Opportunity is knocking and this would build investors confidence. soupforthesoul 08/26/16 04:10:10 AM
#2749   WOW!Found this on website and added to board."Petrogres,new MagicMarvin 08/25/16 09:06:31 PM
#2748   When oil hits $60+ a barrel,PGAS will be MagicMarvin 08/25/16 08:46:33 PM
#2747   Agree.That was the only negative part of the MagicMarvin 08/25/16 08:27:15 PM
#2746   FOLLOWERS 60! getmoreshares 08/25/16 07:55:34 PM
#2745   With just a little PR--this could go to getmoreshares 08/25/16 07:55:05 PM
#2744   $300 bucks traded today--looked at L2 this AM--THIN getmoreshares 08/25/16 05:28:47 PM
#2743   Me too.Green 10q's are a good start.Go PGAS!!! MagicMarvin 08/24/16 03:23:36 PM
#2742   wish there was some insight into forward looking developments. getmoreshares 08/24/16 03:11:23 PM
#2741   AWESOME!!!A little less than last quarter,but still in MagicMarvin 08/24/16 03:07:00 PM
#2740   NEWS NEWS NEWS!!!! filings out! getmoreshares 08/24/16 02:43:27 PM
#2739   I know we would all like to be soupforthesoul 08/22/16 08:28:46 PM
#2738   Will be interesting to see another green 10q.Go PGAS!!! MagicMarvin 08/22/16 07:51:37 PM
#2737   Filings VERY SOON!!!!!!!! getmoreshares 08/22/16 05:52:24 PM
#2736   Need New CEO updates airman1 08/19/16 02:26:41 PM
#2735   very funny--it appears that someone likes 3's! getmoreshares 08/18/16 08:47:38 PM
#2734   Agreed I am holding long?? airman1 08/18/16 02:04:59 PM
PostSubject