Platina Energy Group, Inc. (fka PLTGQ)

[Pure Control]

Dallas, Texas - Thursday, November 6, 2008 - 9AM (EST)

Platina Energy Group, Inc. ( <http://finance.yahoo.com/q?s=pltg.ob>
Symbol OTCBB: PLTG) <javascript:void(0);/*1225982296303*/>
( <http://uk.finance.yahoo.com/q?s=O5Y.F>
Symbol Frankfurt: O5Y.F) <javascript:void(0);/*1225982331381*/>
reports 200 barrels of high-grade oil in two weeks from Young
County. The Company has repaired the electrical and mechanical field
problems over the past few weeks and now has seven operational wells
that have out performed initial estimates.

Blair Merriam, President of Platina stated, “We had hoped to have
7-10 barrels per day of production from this field and within the
first two weeks of reconnections we already have 200 barrels. That’s
almost double what we had estimated. Now that we are back on track
with the field, we hope to drill additional wells as finances
allow.”

Field progress in Young County is now operating commensurately with
Tennessee and Kentucky along with Oklahoma and Wyoming. Production
continues to out pace the decline in oil and gas prices though recent
market activity is reflecting seasonal demands due to cold weather.