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Re: canadiantrader_matt post# 5211

Monday, 11/20/2017 6:42:32 PM

Monday, November 20, 2017 6:42:32 PM

Post# of 7021
Dunno. Perhaps it could move on the trading hype? smile

I was just looking at this press release from a year ago
http://petrogressinc.com/investors/press-releases/356-petrogress-inc-ceo-christos-traios-delivers-open-letter-to-shareholders.html


Our long-term goal is to become a global leader in the oil and shipping industries. To reach this goal, we plan to:

Expand our current fleet by purchasing two additional tankers, subject to financing, in order to increase monthly deliveries of crude oil by 25,000 tons (180,000 bbls) within the next 6 months;

Finalize negotiations and execute an agreement with an oil refinery in Ghana to increase monthly crude oil deliveries by 100,000 barrels upon completion of the storage facility construction;

Enhance our partnership relationship with an offshore oil rig in Ghana to resume oil production, storage and blending operations;


Form a partnership with a company that provides ship-to-ship operations in the Gulf of Guinea;

Purchase interests in oil fields in Texas and expand LNG sales from Texas to Southern European countries; and

Apply for listing on the OTCQB from OTC PINK.



Looks like the part in bold is happening. 100,000 barrels a month. Anyone know how much revenues we are talking about?

And there's your LNG trade, Surfer. What the hell is LNG anyway? Oh, Liquid Natural Gas.

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