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Petrogress Inc. (PGAS)

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Last Post: 11/18/2017 5:16:13 PM - Followers: 136 - 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: 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
PGAS News: Securities Registration (section 12(g)) (8-a12g) 10/12/2017 02:32:32 PM
PostSubject
#5141  Sticky Note PGAS News: Expansion, Preserved Tiny Float times2times2 11/10/17 12:07:34 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
#5191   Oh Hi! Thought I was alone excited about canadiantrader 11/18/17 05:16:13 PM
#5190   $PGAS is a hidden gem. Fundamentals are too canadiantrader 11/18/17 05:15:31 PM
#5189   Most of the folks in PGAS are happy greenwillow 11/18/17 05:12:51 PM
#5188   Anyone on iHub invested in $PGAS. Not sure canadiantrader 11/18/17 05:06:45 PM
#5187   Can someone else here find me a company canadiantrader 11/17/17 11:41:37 PM
#5186   Why would someone quit after reading the following canadiantrader 11/17/17 11:37:54 PM
#5185   1.2 million eod greenwillow 11/17/17 04:02:09 PM
#5184   someone quit before the good results...lol sorry for him MTpennystocks 11/17/17 11:48:40 AM
#5183   This is hitting the .07+ mark again when Crusty Banana 11/16/17 10:54:19 PM
#5182   You know, 2 hours of "work" in the RealDutch 11/16/17 05:12:22 PM
#5181   Ha! TheWhopper 11/16/17 04:53:25 PM
#5180   Must be Stidham selling some of his RealDutch 11/16/17 04:46:36 PM
#5179   Seller has sold just under 2M shares now benlurkn 11/16/17 04:39:53 PM
#5178   Traders do what they do regardless of what's greenwillow 11/16/17 11:47:50 AM
#5177   Geez... people can't be patient for 2 days. RealDutch 11/16/17 11:36:09 AM
#5176   Nice to see some volume coming in. greenwillow 11/16/17 11:10:32 AM
#5175   Looks like clear sailing to .06 today. otcbargains 11/16/17 10:13:38 AM
#5174   Who's selling a 100k shares at 036? greenwillow 11/16/17 09:50:24 AM
#5173   Bid building!! MTpennystocks 11/16/17 09:47:51 AM
#5172   0.041 on the ask MTpennystocks 11/16/17 09:31:42 AM
#5171   The fundamentals needs to be pointed the right soupforthesoul 11/16/17 01:09:22 AM
#5170   In previous correspondance the company has mentioned one benlurkn 11/15/17 10:53:42 PM
#5169   Liabilities and Shareholder Equity will increase by more RealDutch 11/15/17 10:22:18 PM
#5168   "6c is a joke now" - Exactly my thoughts. greenwillow 11/15/17 10:10:54 PM
#5167   Upgrading my target from 6c to 10c. Perhaps RealDutch 11/15/17 09:58:00 PM
#5166   Best of luck to you and yours. Good volume today TheWhopper 11/15/17 09:51:24 PM
#5165   I'm glad my group was able to buy RealDutch 11/15/17 09:48:05 PM
#5164   That's not what I said. Wrong conclusion. RealDutch 11/15/17 09:40:27 PM
#5162   Right its dilution! TheWhopper 11/15/17 08:45:46 PM
#5161   There were plenty of shares at .03 too. greenwillow 11/15/17 07:44:14 PM
#5160   I dont like that tease, and all the TheWhopper 11/15/17 06:24:51 PM
#5159   VNDM has been sitting at 0.04 for a RealDutch 11/15/17 04:06:02 PM
#5158   PGAS - "actual results may differ materially from greenwillow 11/15/17 03:52:04 PM
#5157   Clearly people see the huge bargain at $0.04! LilLarry 11/15/17 03:36:30 PM
#5156   Yes that guy has a big package to Traderfan 11/15/17 03:35:11 PM
#5155   its an all you can eat at 0.04 !! MTpennystocks 11/15/17 03:35:11 PM
#5154   What’s up with this endless buffet of $0.04? LilLarry 11/15/17 03:29:16 PM
#5153   0.04 hit hard... breakout coming! MTpennystocks 11/15/17 03:24:26 PM
#5152   Yep. Most people probably just think late 10q LilLarry 11/15/17 03:18:13 PM
#5151   Bought 40k more at 04, volume coming in Traderfan 11/15/17 03:17:56 PM
#5150   Just bought more and bidding. otcbargains 11/15/17 03:16:37 PM
#5149   30% increase in revs and profits over the Traderfan 11/15/17 03:15:25 PM
#5148   Sounds promising. otcbargains 11/15/17 03:14:04 PM
#5147   PGAS late filing. This part here sounds pretty good..... Traderfan 11/15/17 03:09:13 PM
#5146   We shall see... TheWhopper 11/15/17 03:59:29 AM
#5145   Rocket ride to double digits coming soon? otcbargains 11/14/17 01:38:45 PM
#5144   locked times2times2 11/13/17 05:02:34 PM
#5143   Looking forward to it greenwillow 11/13/17 02:00:05 PM
#5142   3rd quarter on the way?-PGAS waits till the varjim 11/13/17 01:32:23 PM
#5141   PGAS News: Expansion, Preserved Tiny Float times2times2 11/10/17 12:07:34 PM
PostSubject