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Petrogress Inc. (PGAS)

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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: Current Report Filing (8-k) 01/12/2018 04:09:14 PM
PGAS News: Amended Statement of Beneficial Ownership (sc 13d/a) 12/22/2017 02:02:53 PM
PGAS News: Statement of Changes in Beneficial Ownership (4) 12/22/2017 02:01:24 PM
PGAS News: Amended Statement of Beneficial Ownership (3/a) 12/15/2017 11:57:48 AM
PGAS News: Quarterly Report (10-q) 11/20/2017 03:58:11 PM
PostSubject
#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
#5425   Our time is coming. Completely undervalued here! Copper Hunter 01/15/18 06:16:11 AM
#5424   2018 projections are better in this industry than ShortsFail 01/15/18 04:20:04 AM
#5423   It’s been like this for a year. Opportunity canadiantrader 01/14/18 06:21:47 PM
#5422   "This is a real head scratcher**" michaelmcl 01/14/18 05:45:39 PM
#5421   It boggles my mind that the MCap here canadiantrader 01/14/18 05:20:59 PM
#5420   Great price here to add or enter in. Copper Hunter 01/12/18 10:37:56 AM
#5419   PGAS Highlights Three Areas of Focus to Increase NetworkNewsWire 01/10/18 12:13:48 PM
#5418   Good point. The fundamentals certainly support it! ShortsFail 01/10/18 11:50:14 AM
#5417   With the way oil is going up and Copper Hunter 01/10/18 11:40:26 AM
#5416   Oil hits highest since May 2015 above $68 ShortsFail 01/09/18 07:21:07 AM
#5415   Well the volume has exploded upwards and that soupforthesoul 01/08/18 08:44:01 PM
#5414   PGAS Strategy Prepares Company to Greet Possible Oil NetworkNewsWire 01/08/18 02:54:51 PM
#5413   Need some great news!! popalock 01/03/18 02:04:24 PM
#5412   PGAS Deepens Port Operations in Cyprus through Joint NetworkNewsWire 01/03/18 12:30:52 PM
#5411   Great for $PGAS! Iranian Crisis Could Send Oil ShortsFail 01/03/18 04:22:38 AM
#5410   I agree. I think it will fly by ShortsFail 12/30/17 07:55:12 AM
#5409   It would be very nice to see PGAS popalock 12/30/17 01:14:46 AM
#5408   It would be very nice to see PGAS popalock 12/30/17 01:14:32 AM
#5407   It would be very nice to see PGAS popalock 12/30/17 01:14:26 AM
#5406   PGAS Sees Opportunities for Energy Expansion, Focusing on NetworkNewsWire 12/29/17 01:12:45 PM
#5405   Here we go! We're moving Copper Hunter 12/29/17 12:49:43 PM
#5404   Calling 10 cents+ in 2018 Here's to a happy Copper Hunter 12/29/17 12:30:14 PM
#5403   Putting the pieces of the puzzle together! Looking great! ShortsFail 12/28/17 08:35:09 PM
#5402   PGAS is Strengthening Port Operations in Cyprus NetworkNewsWire 12/28/17 02:26:59 PM
#5401   PGAS Finds New Life in Oil Shipping Markets NetworkNewsWire 12/28/17 11:56:39 AM
#5400   Looking good here, let’s just wait to see TheWhopper 12/27/17 11:57:46 AM
#5399   Clearly, long term shareholders are well aware of soupforthesoul 12/25/17 08:38:12 PM
#5398   Dont know what to make out of these times2times2 12/25/17 03:11:43 PM
#5397   This is the end of the article; paulsw42 12/24/17 03:42:03 PM
#5396   I believe there are a lot of us paulsw42 12/24/17 03:32:24 PM
#5395   Disappointed. I've been apprehensive about commenting on his 1984V65Magna 12/23/17 07:49:21 PM
#5394   You have to wonder why he needs those RealDutch 12/23/17 03:13:05 PM
#5393   Self enrichment scheme?? Who knows. I pay price action, TheWhopper 12/23/17 02:37:54 PM
#5392   Yes. I thought the older note was exchanged RealDutch 12/23/17 01:45:52 PM
#5391   I think it's a good sign. He'll protect Copper Hunter 12/23/17 01:40:48 PM
#5390   Is there any concern that Christos P. Traios popalock 12/23/17 01:24:27 PM
#5389   Volume nearly doubled. Good sign TrackDude 12/22/17 04:12:33 PM
#5388   Strong like bull Copper Hunter 12/22/17 03:54:32 PM
#5387   nice bump dshade 12/22/17 02:43:52 PM
#5386   13D/A https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12443564 shanak10 12/22/17 02:13:54 PM
#5385   That's a good value now for $PGAS. This ShortsFail 12/22/17 01:27:05 AM
#5384   Looking very good here. I'm holding long till Copper Hunter 12/21/17 01:23:56 PM
#5383   Looking good today. $PGAS shanak10 12/21/17 01:20:40 PM
#5382   The best thing that they could do for paulsw42 12/21/17 08:36:31 AM
#5381   But its an otc stock, noone really expects TheWhopper 12/20/17 12:32:31 PM
#5380   I don't necessarily disagree that good fundamentals should ShortsFail 12/20/17 12:06:24 PM
#5379   Just need to patiently accumulate at these low benlurkn 12/20/17 11:56:59 AM
#5378   I agree. Strong fundamentals don't seem to be ShortsFail 12/19/17 09:14:49 PM
#5377   I'm having the same issue in another unbelievable canadiantrader 12/19/17 06:09:00 PM
#5376   This should be up 20% - 30% today chicago7 12/19/17 03:29:03 PM
PostSubject