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Petrogress Inc. (PGAS)

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Last Post: 12/8/2016 11:16:39 AM - Followers: 58 - 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"

 
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PGAS
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PGAS News: Current Report Filing (8-k) 12/01/2016 04:47:21 PM
PGAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/15/2016 04:22:41 PM
PGAS News: Current Report Filing (8-k) 11/01/2016 04:32:54 PM
PGAS News: Amended Quarterly Report (10-q/a) 10/18/2016 05:24:17 PM
PGAS News: Amended Quarterly Report (10-q/a) 10/18/2016 05:23:01 PM
PostSubject
#2799  Sticky Note My first post. Did anyone see this? 1984V65Magna 10/17/16 09:27:27 PM
#2899   So thin here.... PGAS neophyte184 12/08/16 11:16:39 AM
#2898   Looking solid this morning!! PGAS neophyte184 12/07/16 10:47:07 AM
#2897   Hear ya brother. PGAS neophyte184 12/07/16 08:42:25 AM
#2896   This is what real positive cash flow is soupforthesoul 12/07/16 03:49:47 AM
#2895   Sold a couple-28K--had a mover and needed the funds. getmoreshares 12/05/16 10:44:27 AM
#2894   VERY NICE FIND- Thanks getmoreshares 12/04/16 07:49:46 PM
#2893   News! 1984V65Magna 12/04/16 11:09:28 AM
#2892   LOAD AND HOLD---getmoreshares! getmoreshares 12/01/16 09:24:21 PM
#2891   This is still pre loading and good time Cheech77 12/01/16 10:50:04 AM
#2890   Agree. Much upside coming here for those loading neophyte184 11/29/16 04:58:14 PM
#2889   Looks like go time is upon us very CAPTSHARK 11/29/16 04:42:11 PM
#2888   I agree. This thing has an extremely small IMNOTSURE 11/29/16 03:16:19 PM
#2887   Get off the bid and start hitting the Cheech77 11/29/16 03:15:02 PM
#2886   Great entry points here for multiple bagger when Cheech77 11/29/16 02:27:40 PM
#2885   Hmmmm Looking strong today. PGAS neophyte184 11/29/16 10:14:10 AM
#2884   I've been focusing on some other tickers. I neophyte184 11/29/16 08:19:12 AM
#2883   Price increasing! When did the yield sigh go TheWhopper 11/29/16 06:02:09 AM
#2882   Indeed bro! Exciting days ahead here IMO. PGAS$$$$$$ neophyte184 11/28/16 03:06:55 PM
#2881   Thanks NEO.10q should be coming on radar.Go PGAS!!! MagicMarvin 11/28/16 03:06:01 PM
#2880   Nice find Magic! PGAS$$$$ neophyte184 11/28/16 02:43:40 PM
#2879   Continued green here looking better with each passing neophyte184 11/28/16 02:39:35 PM
#2878   Watching for signs of such activity. PGAS neophyte184 11/28/16 01:43:48 PM
#2877   PCG now has PETROGRESS on there list of MagicMarvin 11/27/16 08:13:42 PM
#2876   it needs to achieve the significant sales momentum. soupforthesoul 11/27/16 06:42:36 PM
#2875   Could be gearing up for a major run. neophyte184 11/23/16 03:39:21 PM
#2874   It's looking good again here, Neo. $PGAS jjr04001 11/23/16 03:36:04 PM
#2873   Pre load started last week and these levels Cheech77 11/23/16 12:26:54 PM
#2872   Can't wait until management announces a deal and boom!! airman1 11/22/16 12:21:46 PM
#2871   L2 rail thin here! Load the boats folks!! I neophyte184 11/21/16 02:05:20 PM
#2870   Amen to that Capp! No one is getting my neophyte184 11/21/16 11:01:07 AM
#2869   Looks like we got a baby shipper ready CAPTSHARK 11/21/16 10:59:31 AM
#2868   More good news to come airman1 11/21/16 10:57:41 AM
#2867   Dime run in progress now! PGAS coming out neophyte184 11/21/16 10:45:48 AM
#2866   Beautiful Capt!! PGAS run coming. Regards, Neo neophyte184 11/21/16 10:23:32 AM
#2865   NEWS OUT:https://eresearch.fidelity.com/eresearch/goto/evaluate/news/basicNewsSt CAPTSHARK 11/21/16 10:16:44 AM
#2864   Great news for the PGAS sector! ATHENS, GREECE--(Marketwired - neophyte184 11/21/16 09:43:08 AM
#2863   Move up explosively I'd say. :-) PGAS$$$$$ neophyte184 11/19/16 10:59:59 AM
#2862   Agreed should move up one news comes in' airman1 11/18/16 02:51:35 PM
#2861   A close in the .05's would be nice. PGAS neophyte184 11/18/16 02:24:48 PM
#2860   Looks like the bump was due to a neophyte184 11/18/16 11:30:34 AM
#2859   We need few more thrills. soupforthesoul 11/18/16 12:52:19 AM
#2858   Sweet bid here guys! Demand continues… Dime will neophyte184 11/17/16 09:36:39 AM
#2857   Awesome!Go PGAS!!! MagicMarvin 11/16/16 08:30:08 PM
#2856   It is extremely thin. More volume tomorrow and neophyte184 11/16/16 04:20:24 PM
#2855   Funny how one sale drops this down to airman1 11/16/16 02:31:40 PM
#2854   Boom! .06! Go PGAS$$$$ neophyte184 11/16/16 12:27:03 PM
#2853   Been waiting quite a while for this little neophyte184 11/16/16 12:10:28 PM
#2852   $PGAS has unbelievable amounts of cash on hand. Dab Daddy 11/16/16 12:04:22 PM
#2851   Sector for shipping is exploding now guys! neophyte184 11/16/16 11:40:46 AM
#2850   finally--we are moving! IMO someone has inside info getmoreshares 11/16/16 11:27:30 AM
PostSubject