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Petrogress Inc. (PGAS)

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Last Post: 8/22/2017 3:29:05 PM - Followers: 135 - Board type: Free - Posts Today: 26

 

 

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"

 
PGAS
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Volume:
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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
PGAS News: Current Report Filing (8-k) 07/21/2017 03:48:07 PM
PGAS News: Current Report Filing (8-k) 06/23/2017 03:07:21 PM
PGAS News: Quarterly Report (10-q) 05/22/2017 04:37:08 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
#3049  Sticky Note -----------------PGAS INVESTOR STARTER GUIDE --------------------- John Kent 06/28/17 11:08:51 PM
#4448   40% of the float turned over in the Carnivool 08/22/17 03:29:04 PM
#4447   The classic Joecanada13 08/22/17 03:27:52 PM
#4446   lol we know their tactics all too well John Kent 08/22/17 02:58:31 PM
#4445   Share Structure John Kent 08/22/17 02:20:45 PM
#4444   Seems that others disagree and continue to sell. TheWhopper 08/22/17 02:08:47 PM
#4443   I got thesame feelings here added a bit John Kent 08/22/17 02:08:29 PM
#4442   I feel like I'm in on the ground Dubster watching 08/22/17 02:07:08 PM
#4441   Thanks Thoth, great fundamentals here which is rare Joecanada13 08/22/17 01:12:25 PM
#4440   Welcome Joe. This should be an extremely lucrative Thoth 08/22/17 12:35:10 PM
#4439   Once silly retail quits selling this should run John Kent 08/22/17 12:04:32 PM
#4438   $PGAS "(the “MOU”) with West Africa Fenders Ltd."..."As 1center 08/22/17 12:02:02 PM
#4437   Grabbed a starter here today, Price is right Joecanada13 08/22/17 11:44:54 AM
#4436   Didn't you have a BEWARE sticky up the ThreeOneTwo 08/22/17 11:34:03 AM
#4435   Give it time Mario, give it time. LilLarry 08/22/17 10:20:47 AM
#4434   What's with the massive selling under .031? mariosmack 08/22/17 10:16:04 AM
#4433   Convertibles notes paid off Clean Books John Kent 08/22/17 10:09:25 AM
#4432   Looks like yesterday's seller is done. Reversal underway. LilLarry 08/22/17 10:06:49 AM
#4431   yep this is retail action here I will John Kent 08/22/17 09:56:18 AM
#4430   Looking for a heavy bounce here Thoth 08/22/17 09:43:17 AM
#4429   Morning $PGAS Thoth 08/22/17 09:40:45 AM
#4428   CEO backing his company and funding operations has John Kent 08/22/17 09:29:26 AM
#4427   Agreed! The 10Q is solid. Ask LongCA 08/22/17 09:13:57 AM
#4426   Market Value @ Closing 08/21 (Share Price 0.0315) Carnivool 08/22/17 08:36:59 AM
#4425   Petrogress, Inc. Enters Into MOU to Acquire Interest Carnivool 08/22/17 08:27:29 AM
#4424   "Mr. Traios is currently the owner of approximately Carnivool 08/22/17 08:09:57 AM
#4423   Have you read the Q? There isn't any Carnivool 08/22/17 08:02:36 AM
#4422   Funny, but dilution is taking over PGAS. Pennywiserr 08/21/17 11:26:38 PM
#4421   The Otc games being played on L2 are Thoth 08/21/17 05:43:41 PM
#4420   PGAS is an agile company and set up John Kent 08/21/17 05:38:57 PM
#4419   there were complaints prior to 8k and 10q John Kent 08/21/17 05:26:34 PM
#4418   I have some 3s, too. I have LongCA 08/21/17 05:23:19 PM
#4417   Lucky! I paid .031 - .033 today 1984V65Magna 08/21/17 05:21:26 PM
#4416   Hahaha:) Happy to have their 2s! LongCA 08/21/17 04:40:34 PM
#4415   Looks like bed wetters are gone John Kent 08/21/17 03:52:26 PM
#4414  Restored We have a prime example of another genius RealDutch 08/21/17 03:51:07 PM
#4412   yep taking advantage today #8 on BOB John Kent 08/21/17 03:38:56 PM
#4411   We have an $PGAS investor whom it appears Thoth 08/21/17 03:23:39 PM
#4410   ehh still a good stock just needs a mikekrane 08/21/17 03:17:36 PM
#4409   Looks like .0285 is holding, and I can't LilLarry 08/21/17 03:06:12 PM
#4408   Just grabbed a starter down here....very strange sell Ricosauve 08/21/17 03:03:49 PM
#4407   SEE HERE: $11.6 Million Total Assets (5.8 Million Diggnun21 08/21/17 02:58:55 PM
#4406   SEE HERE: $4.4 Million Gross Profit/$1.4 Million Net Diggnun21 08/21/17 02:56:26 PM
#4405   I realize what you meant now, I just Traderfan 08/21/17 02:53:41 PM
#4404   I'll buy any panic that comes about with Carnivool 08/21/17 02:51:37 PM
#4403   That float got a little bit bigger puffadder 08/21/17 02:49:40 PM
#4402   Possible rebound on this support MTpennystocks 08/21/17 02:49:01 PM
#4401   Should see some buying pressure into close IMO. $PGAS Diggnun21 08/21/17 02:45:53 PM
#4400   yep and IMO patience will pay here its John Kent 08/21/17 02:40:32 PM
#4399   not worried either a few people wet their John Kent 08/21/17 02:39:56 PM
#4398   Largest Volume of traded shares in the past Carnivool 08/21/17 02:38:48 PM
PostSubject