Friday, March 01, 2019 11:41:50 AM
Sector: Energy
Industry: Oil, Gas & Consumable Fuels
PGI Energy, Inc., formerly Tensas, Inc., is focused on establishing an energy holding company. The Company's purpose is to acquire assets in the producing oil and gas assets, refinery and pipeline sectors of the energy industry and other synergistic assets. The Company developed a joint venture partnership entity called PGI Green E & P, which focuses upon deploying the use of bio refinery equipment to produce green fuels and by products. The Company has identified and evaluated potential targets for acquisition of oil and gas assets on-shore and off-shore in state waters in Louisiana Gulf Coast, which includes 60 oil wells and six injection wells, of which 33 are active and an eight mile transport pipeline with pump and metering facilities. The Company has identified a 5,500 barrels per day atmospheric refinery in Somerset Kentucky
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