PGI Energy, Inc. (PGIE)

[dcool1]

looks like pgi can't handle the financing for home creek reames project. how do you sell a half billion shares in three months and have no money?

Masterson – Reames 30% Available 11/4/2011

November 7, 2011 By admin
The Home Creek Energy Masterson Production Project, which has already started and is currently producing, is forced to open 30% of the project to partners. The Masterson Production, which is 12 wells located in Central Texas, is currently producing out of the Reames side of the lease. Further operations to finalize the new perforations in the Masterson and additional work on the Reames has stopped until the project can be finalized. The sale of multiple oil loads are being retained in escrow waiting on finalization of the project.
Anthony Maye and Curtis Berry traveled to New York last week looking to bring further funding to finish this project and to help move it along.

“never before have we offered interest in a project and we had already started the work on the wells, and also the Reames wells are producing at a higher rate than we anticipated. We are looking at bringing partners into this project that plan to be with us for further projects, because we already have oil checks ready to go out for this project. Also it allows someone to join us for a small amount to learn our system of monthly payments from producing wells.” – Anthony Maye
Please contact Home Creek for more information: [e-mail]