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Petrogress Inc. (PGAS)

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Last Post: 11/23/2017 5:30:53 AM - Followers: 136 - Board type: Free - Posts Today: 1

 

 

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 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
#5266   Too many "traders" (I won't call them investors) ShortsFail 11/23/17 05:30:53 AM
#5265   The typical buy on rumor and sell on TrackDude 11/22/17 08:20:43 PM
#5264   This stock was actually a dividend from MWIP TheWhopper 11/22/17 05:13:20 PM
#5263   The wonders of the OTC. A stock I canadiantrader 11/22/17 05:03:30 PM
#5262   Never going to happen. Next idea? Dubster watching 11/22/17 03:50:01 PM
#5261   If they paid a .01 dividend I would paulsw42 11/22/17 03:38:22 PM
#5260   Would be nice but I think they should canadiantrader 11/22/17 02:06:21 PM
#5259   Looks like the big seller is gone! Time canadiantrader 11/22/17 02:05:56 PM
#5258   Pay a dividend!!! TheWhopper 11/22/17 12:34:28 PM
#5257   Quiet here! Let's spark a convo. Question for canadiantrader 11/22/17 11:51:31 AM
#5256   Same to you! TheWhopper 11/21/17 02:58:23 PM
#5255   Ideally 15+% OTC is a hobby for me I Dubster watching 11/21/17 02:57:42 PM
#5254   Your a 15% flipper i thought? TheWhopper 11/21/17 02:52:23 PM
#5253   I hope I bought my last positions before MTpennystocks 11/21/17 02:41:53 PM
#5251  Restored Order in for .028 I’ll probably get it this Dubster watching 11/21/17 02:32:41 PM
#5248   best OTC value right now at this entry pps times2times2 11/21/17 12:23:59 PM
#5247   Still adding here, got more at .03 today. 1984V65Magna 11/21/17 12:09:45 PM
#5246   While 3rd Q results were disappointing compared with benlurkn 11/21/17 11:50:07 AM
#5245   News out: Amazing financials, Acquisitions, Preserved Tiny Float times2times2 11/21/17 11:25:53 AM
#5244   It seems to be the same seller selling canadiantrader 11/21/17 10:43:08 AM
#5243   Company is selling??? Christos pocketing free cash???? I thought covering! TheWhopper 11/21/17 10:28:46 AM
#5242   too bad the selling on good Q ... again. dshade 11/21/17 10:24:22 AM
#5241   Lots of buying pressure coming!! TheWhopper 11/21/17 10:20:41 AM
#5240   Ok, covering i like it!! TheWhopper 11/21/17 09:49:14 AM
#5239   it's time to let the boat leave the port MTpennystocks 11/21/17 09:46:39 AM
#5238   I have a lot and accumulating MTpennystocks 11/21/17 09:42:41 AM
#5236   wow opportunity at this price MTpennystocks 11/21/17 09:37:36 AM
#5235   Time to accumulate, again. greenwillow 11/21/17 09:36:59 AM
#5234   Was there a press release last quarter? RealDutch 11/21/17 09:08:40 AM
#5233   It was trading at 6 cents a year RealDutch 11/21/17 09:06:29 AM
#5232   Breakout today!!! MTpennystocks 11/21/17 09:03:15 AM
#5231   Big spread! TheWhopper 11/21/17 08:54:33 AM
#5230   $PGAS Petrogress, Inc. Files 3Q Form 10-Q NEW YORK, canadiantrader 11/21/17 08:18:54 AM
#5229   Costs being managed effectively greenwillow 11/20/17 10:07:18 PM
#5228   The company can also take some of their canadiantrader 11/20/17 09:46:18 PM
#5227   If we stay depressed and suppressed for much RealDutch 11/20/17 09:44:16 PM
#5226   How come mods are not updating the ibox canadiantrader 11/20/17 09:43:31 PM
#5225   Haha start making calls!! canadiantrader 11/20/17 09:38:15 PM
#5224   Any well managed company who knows revenue is canadiantrader 11/20/17 09:37:57 PM
#5223   Very undervalued stock. Not sure what more you TrackDude 11/20/17 09:28:13 PM
#5222   Weee!! Lets touch .05 tomorrow!!! TheWhopper 11/20/17 09:20:38 PM
#5221   Yes, it could be a gem amongst pinkies. RealDutch 11/20/17 09:03:43 PM
#5220   Healthy balance sheet, solid revenue, improved margins,improved cash greenwillow 11/20/17 08:53:50 PM
#5219   That's why I referred it as a GEM. canadiantrader 11/20/17 08:41:18 PM
#5218   Gem. lol. Let's first upgrade to OTC/QB. RealDutch 11/20/17 08:08:36 PM
#5217   People are so focused on the marijuana hype canadiantrader 11/20/17 07:59:51 PM
#5216   Great numbers. I agree. Not sure why profits ShortsFail 11/20/17 07:27:43 PM
#5215   Solid Q report way undervalued here John Kent 11/20/17 07:25:09 PM
#5214   Not sure what more is needed. RealDutch 11/20/17 07:15:44 PM
#5213   I really think an uplist to OTCQB will LilLarry 11/20/17 06:56:27 PM
PostSubject