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Petrogress Inc. (PGAS)

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Last Post: 12/13/2017 1:30:53 PM - Followers: 132 - Board type: Free - Posts Today: 4

 

 

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: Quarterly Report (10-q) 11/20/2017 03:58:11 PM
PGAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/15/2017 03:01:41 PM
PGAS News: Current Report Filing (8-k) 11/02/2017 05:06:11 PM
PGAS News: Statement of Beneficial Ownership (sc 13d) 10/24/2017 01:07:07 PM
PGAS News: Initial Statement of Beneficial Ownership (3) 10/19/2017 10:55:24 AM
PostSubject
#5245  Sticky Note News out: Amazing financials, Acquisitions, Preserved Tiny Float times2times2 11/21/17 11:25:53 AM
#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
#5342   Nice Volume today. shanak10 12/13/17 01:30:53 PM
#5341   Agreed, pgas is due. greenwillow 12/13/17 01:03:38 PM
#5340   time to add IMO times2times2 12/13/17 01:02:41 PM
#5339   Long into earnings. All we need is News soupforthesoul 12/13/17 01:36:28 AM
#5338   Something weird is happening with these trades of canadiantrader 12/12/17 01:49:22 PM
#5337   Aren't they supposed to file for an OTC uplist? ShortsFail 12/11/17 11:26:55 PM
#5336   Cabin fever?...todays picture indicates silence before another move times2times2 12/11/17 09:58:42 PM
#5335   That's a good strategy to follow. Trading and ShortsFail 12/08/17 11:53:21 PM
#5334   The OTC is a wicked board game - times2times2 12/08/17 10:34:40 PM
#5333   It's annoying to see a real company like ShortsFail 12/08/17 09:52:07 PM
#5332   Just need awareness and group to run it. TheWhopper 12/08/17 10:40:10 AM
#5331   I think in order to create value to canadiantrader 12/08/17 10:35:33 AM
#5330   If PGAS announced they were shipping weed or canadiantrader 12/08/17 10:34:12 AM
#5329   Just bs, not sure whats up with this, TheWhopper 12/08/17 10:32:06 AM
#5328   Hey IR! PPS is dropping making company assets canadiantrader 12/08/17 10:23:01 AM
#5327   I'm always watching Whopper. Made some good chicago7 12/08/17 12:03:45 AM
#5326   You haven’t posted in awhile, I’ve been in TheWhopper 12/07/17 10:27:54 PM
#5325   Load up, buckle up Copper Hunter 12/07/17 04:24:09 PM
#5324   Ya'll better purchase this while you can. chicago7 12/07/17 10:48:46 AM
#5323   Lol, at least somebody's buying greenwillow 12/06/17 08:09:00 AM
#5322   Lol I’m back .028 Dubster watching 12/05/17 03:31:02 PM
#5321   Additional Petrogress Inc. subsidiaries are: -Petrogress Co. Ltd., an canadiantrader 12/05/17 08:43:07 AM
#5320   Did I miss anything??? RealDutch 12/04/17 08:34:37 PM
#5319   OTC gem without eyes or momentum - same times2times2 12/04/17 08:24:26 PM
#5318   One of many other reasons to be invested canadiantrader 12/04/17 08:10:18 PM
#5317   As it stands you can't because Christos P. times2times2 12/04/17 08:03:20 PM
#5316   Agreed. As it stands I can buy all canadiantrader 12/04/17 06:43:51 PM
#5315   They definitely need to get the word out. TrackDude 12/04/17 05:20:46 PM
#5314   PGAS Further Diversifies Revenue Stream with New Venture NetworkNewsWire 12/04/17 02:29:05 PM
#5313   CEO is working in many different ways to benlurkn 12/04/17 02:13:00 PM
#5312   With a M/CAP of 5MM with assets of canadiantrader 12/04/17 01:55:34 PM
#5311   This stock is on the launch pad ready TrackDude 12/04/17 12:53:03 PM
#5310   I agree...historically, the next attempt to rise (and times2times2 12/01/17 04:14:20 PM
#5309   Looks like that ridiculous ask is gone! Should LilLarry 12/01/17 02:07:02 PM
#5308   It's the first thing I've seen them put ShortsFail 12/01/17 12:24:09 PM
#5307   I don't know much about this firm so Cheech77 12/01/17 12:16:41 PM
#5306   I hope they started today cause I don't canadiantrader 12/01/17 12:07:04 PM
#5305   Hopefully the mods will sticky that post by Cheech77 12/01/17 12:06:50 PM
#5304   Not sure when they started but PGAS has Cheech77 12/01/17 12:00:39 PM
#5303   5K a month? Are they new to PGAS? canadiantrader 12/01/17 11:55:38 AM
#5302   Yep, this is no joke. PGAS paying Cheech77 12/01/17 11:52:53 AM
#5301   Yes! We just need more awareness!!!! TheWhopper 12/01/17 11:52:17 AM
#5300   Exactly what pgas needs...get the word out. greenwillow 12/01/17 11:21:00 AM
#5299   PGAS is “One to Watch” NetworkNewsWire 12/01/17 10:15:32 AM
#5298   Nice post, SF GW greenwillow 11/30/17 02:29:34 PM
#5297   "How To Play Rising Oil Prices" ShortsFail 11/30/17 12:31:52 PM
#5296   I think it will perk back up, no TheWhopper 11/29/17 11:25:30 PM
#5295   No. I’m actually thinking about canceling the order. Dubster watching 11/29/17 05:25:08 PM
#5294   Did you get some??? TheWhopper 11/29/17 03:30:08 PM
#5292   I thought that was your bid!! Funny! TheWhopper 11/29/17 12:49:37 PM
PostSubject