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Tuesday, 03/11/2008 3:27:55 AM

Tuesday, March 11, 2008 3:27:55 AM

Post# of 137480
Platina Energy Group to Double Production in Kentucky by End of March

CHEYENNE, Wyo., March 11, 2008 /PRNewswire-FirstCall via COMTEX/ -- Platina
Energy Group, Inc. (PLTG), (Frankfurt: O5Y.F) reports that management expects to
increase production on the Kentucky field by the end of March 2008. The Company
had previously reported operational profitability on this prospect starting last
month. Although the field is underway to be a model for future developmental
activity by the Company, the primary focus is to further validate valuable proven
reserves.

Corporate strategy continues to focus on the accumulation of proven and proven
producing reserves allowing potential investors the leverage of the physical
commodity for which its lease acreage controls. Further reserve studies and
updated reports of existing paperwork are being compiled and will be available
over the next couple of months.

About Platina Energy Group

Platina Energy is an environmentally responsible, fast growing E&P strategic
reserve Company. Since organization in 2005, it has acquired proven producing and
proven non-producing reserves in addition to other possible reserves. The Company
also owns rights to German Inspired oil extraction technology. The Company
continues to be aggressive in acquiring new and existing producing fields.

Contact Information:Platina Energy Group
Blair Merriam
307.637.3900
InvestorRelations@PlatinaGroup.com
http://www.PlatinaEnergyGroup.com



RISK/SEC DISCLAIMER

Information contained herein contains forward-looking statements; not guarantees
of future success.

The presence or recoverability for optimal/timely reserves, costs, scheduling,
etc., cannot be promised. This release contains "Safe Harbor" provisions of the
US Private Securities Litigation Reform Act of 1995 and involves risks and
uncertainties, which could cause actual results to differ materially from those
estimated herein.

Platina Energy believes the forward-looking statements to be based on reasonable
assumptions however, no assurances are made. Unpredictable and unanticipated
risks, trends, potential unprofitability, cash flow impairments, access to
financing and other risks must be understood.

Platina Energy assumes no obligation to update or supplement forward-looking
statements that become untrue because of subsequent events. Issuances of shares
for acquisitions, settlements or services may dilute future earnings.

Oilfield leases contain certain terms and stipulations, often developmental or
financial, which may require performance by the lessee. This could result in loss
of future rights and underlying assets.

SOURCE Platina Energy Group, Inc.
http://www.PlatinaEnergyGroup.com


Copyright (C) 2008 PR Newswire. All rights reserved

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