Platina Energy Group, Inc. (fka PLTGQ)

[Ludacrous]

Palo Duro Basin report from Tyner Resources, Tyner is a company along the same lines of PLTG, though it had only limited leases, it is currently invested in Palo Duro WITH a producing well. This letter to the shareholders describes their situation in Palo Duro and the difficulties and strategies of both Tyner and other companies to extract. This report also lists Palo Duros reserves per section. "Tyner drilled two vertical wells to test for
commercial gas. Five other companies drilled 14 test wells. Schlumberger logged a portion of
these wells and all but one (not ours) indicated natural gas, ranging from 75 Billion Cubic Feet
(BCF) to 140 BCF per section."

http://www.tynerresources.com/news/ltr191107.pdf

It is my belife that Platina mgmt is waiting to see the most effectie drilling procedure pop up before commencing development. Just a guess on my part, but whh waste a good drilling site if you dont yet know how to drill it, let the other guys work it out.