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Petrogress Inc. (PGAS)

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Last Post: 7/25/2017 3:50:58 PM - Followers: 129 - Board type: Free - Posts Today: 37

 

 

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: 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
PGAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/15/2017 05:48:38 PM
PostSubject
#3676  Sticky Note UPDATE: Debt Retirement, Preserved 30M Float, Multi-M Revenue, Expansion times2times2 07/22/17 12:06:35 PM
#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
#3826   PGAS, Another solid day. This is holding gains LongCA 07/25/17 03:50:58 PM
#3825   Absolutely! Holding tight here and added more Hunt11 07/25/17 03:45:23 PM
#3824   After looking back on this day I would homeboy4u 07/25/17 03:16:30 PM
#3823   $PGAS has a BV of 0.06 according to yahoo 1center 07/25/17 02:33:05 PM
#3820   Agreed my friend. Enjoying the golf course and Thoth 07/25/17 12:22:59 PM
#3814   Yep, this is a solid long. Amazing LongCA 07/25/17 11:23:53 AM
#3813   for the record folks PGAS has institutional ownership Camelot 07/25/17 11:21:48 AM
#3812   well said. Camelot 07/25/17 10:58:59 AM
#3811   $PGAS Yes Mr.Traios aligned with shareholders 1center 07/25/17 10:26:58 AM
#3810   prefer 200k at .052 dshade 07/25/17 10:24:58 AM
#3809   nobody wants 10k sh @ 0 065 tfdbrutus 07/25/17 10:23:11 AM
#3808   PGAS is a strong fundamentally sound ticker ceo John Kent 07/25/17 10:18:08 AM
#3807   I agree! Thanks John! ShortsFail 07/25/17 10:11:52 AM
#3806   Holding long here too! ShortsFail 07/25/17 10:11:18 AM
#3805   Will check it, thanks! ShortsFail 07/25/17 10:10:29 AM
#3804   Looks like we will--PGAS so strong LongCA 07/25/17 10:01:38 AM
#3803   Oh yes, we break .07 today for good homeboy4u 07/25/17 09:57:13 AM
#3802   Yup holding long here this baby is on mikekrane 07/25/17 09:27:00 AM
#3801   dime is here this week. Camelot 07/25/17 09:25:17 AM
#3800   BMIC already backed way off the ask jonnyvs 07/25/17 08:46:34 AM
#3799   ".10 is such a round number that you Thoth 07/25/17 08:29:39 AM
#3798   Lol we will be testing 10 cents this week John Kent 07/25/17 08:14:51 AM
#3796   At yesterday's opening bell lol. Tough call . Wormking777 07/25/17 06:54:20 AM
#3795   Another beauty here John. Thanks again!!! dranesthesia1 07/25/17 06:04:24 AM
#3793  Restored Wormking, I have been checking and following this mariosmack 07/25/17 12:00:26 AM
#3792  Restored When you say dilution, do you mean diluting mariosmack 07/25/17 12:00:19 AM
#3791   The chart suggests that you are correct. mariosmack 07/25/17 12:00:14 AM
#3790   If by chance PGAS hits .10 tomorrow, I'd mariosmack 07/25/17 12:00:08 AM
#3789   Another beautiful close, should test 075 then on OTC_MILLIONAIR 07/24/17 11:56:41 PM
#3788   Hit that one today myself..Go PGAS 1center 07/24/17 10:03:53 PM
#3787   Imo we could see grap up in the morning criscros 07/24/17 08:54:17 PM
#3786   Those trades mean nothing criscros 07/24/17 08:51:32 PM
#3785   Let's keep marching upward. Traded beautifully today. LongCA 07/24/17 08:48:35 PM
#3784   Add rjdg to that list John Kent 07/24/17 08:26:11 PM
#3783  Restored Mario check this stock! Wormking777 07/24/17 08:02:09 PM
#3782   I'm in three of those with ya! (G***, ShortsFail 07/24/17 07:57:53 PM
#3781   Exactly my thinking as well NMD. $PGAS Thoth 07/24/17 07:21:44 PM
#3780   Thank you. New, doing a lot of reading Giantsgal22 07/24/17 07:06:31 PM
#3779   Trading in extended hours enables investors to react NoMoDo 07/24/17 06:53:09 PM
#3778   Ok Thank you I read something that said Giantsgal22 07/24/17 06:41:01 PM
#3777   T-trades are most often just regular trades from NoMoDo 07/24/17 06:37:32 PM
#3776   So does that mean dumping tomm? Giantsgal22 07/24/17 06:28:18 PM
#3775   Two huge t-trades actually. Around 850k shares together. Traderfan 07/24/17 05:52:15 PM
#3774   Was there a t-trade? etrade is show .050782 price intended 07/24/17 04:49:17 PM
#3773   Awesome close today! $pgas mikekrane 07/24/17 04:14:56 PM
#3772   Agreed well worth it I am still in John Kent 07/24/17 04:12:23 PM
#3771   Yes, and good buying into the close. 1 Santes8 07/24/17 04:06:58 PM
#3770   The buying today clearly shows the market sees LongCA 07/24/17 03:37:10 PM
#3769   It is amazing...and combine that with the tiny times2times2 07/24/17 03:22:34 PM
#3768   100% correct and 100% spot on. Camelot 07/24/17 02:41:46 PM
PostSubject