Tuesday, July 31, 2007

Platina Energy Announces Arrival of Drilling Equipment on Location for Its Young County, Texas Lease

Company Anticipates Aggregate Initial Production Potential of 10,000 Barrels of Oil Per Month.

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News; FWB:O5Y) announces that drilling equipment has arrived at the Company's Young County leasehold, and that all necessary site preparation work has been completed at the first drilling location.
Young County is a highly defined shallow well prospect located in West Texas. Platina Energy is producing oil from five (5) operating wells on 372 acres with more than 50 additional drilling locations. PV10 estimates by a third party geologist target in excess of 28,000 barrels of recoverable oil reserves per well. Although wells producing in the area have far greater life expectancies, the industry standard is to calculate recoverable reserves over a ten-year period and then discount them using a financial present value formula. Estimated NET initial production rates when combined, interest, are projected to be 150-250 barrels per month per well or 7,500--12,500 barrels in aggregate per month.
"Now that drilling equipment is in place and site preparations are complete, we are confident that will meet our goal to begin drilling this week," commented Mr. Blair Merriam, CEO and President of Platina Energy Group, Inc. "We are very pleased to commence drilling operations at Young County, and we anticipate cumulative initial production of approximately 10,000 barrels of oil per month once all wells have been drilled and completed." At current prices, initial net revenues to Platina's interest could exceed $750,000.00 per month assuming all wells can be drilled and completed on a timely basis.
During a live conference call with the Company management, one drilling contractor commented: "We have been working around the clock to make the Company deadline of drilling before the end of this week. Baring any mechanical difficulties, we will make that deadline." The drilling contractor added that the site crew has also prepared the recovery portion of the job, to assure that well completion will be equally efficient.
This is yet another major milestone for Platina Energy, marking the Company's continued commitment to develop its proven reserves and initiate production of new wells on its properties.

About Platina Energy Group
Platina is an E & P Company that owns oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil from one field. It also owns oil and gas leases for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German inspired, proprietary oil recovery technology that allows for the cost effective recovery of certain types of untapped reserves that exist throughout the world.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

Sunday, July 29, 2007

Platina Energy Reports Capacity Upgrade Completion for its Appalachian Prospect

Conservative Natural Gas Price Estimates Indicate a Net Present Valuation of the Field on a PV10 Basis to Be in Excess of $60 Million

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News; Frankfurt:O5Y - News) reports to its shareholders today that it has worked with its natural gas collection alliance to complete the necessary upgrades for the compressor and connection hookup capacity at its Appalachian prospect.
The prolific Devonian Shale formation is a well-proven natural gas reservoir located in Tennessee and is operated by Appalachian Energy, a wholly-owned subsidiary of Platina Energy Group.
Appalachian Energy was formed as part of the acquisition of approximately 50 well sites in the Devonian Shale formation. Subsequent to acquisition, the Company expended resources to provide scientific data for the field by geological and petroleum engineering report. This report using conservative natural gas price estimates indicates a net present valuation of the field on a PV10 basis to be in excess of $60 million.
As a result of a third party alliance, Appalachian Energy was able to complete the necessary upgrades at no capital costs to Platina or Appalachian Energy.
Typical gas wells producing in this area require commercial grade compression to enter delivery pipelines as compared to local gathering lines. High-pressure collection lines are common in areas where longer pipeline to end user runs exist. The reliability for continued demand for gas purchasers is a major benefit to high-pressure line hook ups.
"These upgrades are an integral part of our pre-site drilling preparations," said Mr. Steve Eversole, President of Appalachian Energy. "In order to meet our full-scale operational plan we dedicated the required resources to expand the allowable capacity by making upgrades to the collection point. We are truly pleased to report today that we have completed these necessary upgrades."

About Platina Energy Group
Platina is an E & P Company that owns several oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German inspired, proprietary oil recovery technology that allows for the cost effective recovery of certain types of untapped reserves that exist through out the world.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

Platina Energy Generates Additional Production on Young County Prospect by Reworking Shut-in Wells

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News; Frankfurt:O5Y - News) announced that it has added additional well production to its shallow well Young County Prospect by reworking wells that were previously shut-in when oil prices dropped below $10 per barrel, which made extracting oil economically unattractive at the time.
"We are very pleased to commence our reworking efforts on our Young County prospect with respect to these wells shut-in many years ago by faltering oil prices," said Mr. Blair Merriam, CEO of Platina Energy Group, Inc. "Oil currently trades at over $70 per barrel, hitting $77 per barrel yesterday, while continuing to rally to new highs. Reworking these oil wells to enhance production is more profitable than ever before."
Mr. Merriam continued, "Oil prices neared $77 a barrel on Thursday as speculative buying and concerns that a key oil terminal in Oklahoma would result in a drop in inventory spread. A recent report by the National Hurricane Center warning of possible coming storms has put the specter of $80 a barrel well within reach. Geopolitical events in the Middle East continue to unsettle the market, especially with the recent comments made by the President of Iran, in which he reaffirmed his country's commitment to nuclear power. These events, coupled with the extremely high demand for oil should work to keep prices inflated, which in turn will benefit companies like Platina Energy. We are confident that now is the time to rework these previously shut-in wells, and that these efforts will economically increase Platina's overall production from our Young County prospect as well as contribute to the Company's cash flow."
About Platina's Young County Prospect
Young County is a shallow well oil prospect located in West Texas. Platina Energy is producing oil from five (5) operating wells on 372 acres with more than 50 additional drilling locations. The Company can do turnkey drilling and completion on each well for $215,000-300,000. Return on Investment projections for the prospect are 4-7 times over the life of the wells based on Independent Geological Evaluations.

About Platina Energy Group
Platina is an E & P Company that owns numerous oil and gas lease properties in Texas and Tennessee. The Company is producing oil from one field. It owns oil and gas leases for proven and unproven reserves for which it is obtaining drilling permits. Platina owns rights to a German inspired, proprietary oil recovery technology that allows for the cost effective recovery of certain types of untapped reserves that exist through out the world.

SEC DISCLAIMER
Information may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions, but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

Quest Minerals & Mining to Start Full Coal Production at Pond Creek Mine at Slater's Branch

PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, announced today that it is ready to start mining the new mine face at its Pond Creek Mine at Slater's Branch on Monday, July 30, 2007. Quest has completed its equipment installation at the new mine face and has completed its surveys on the new mine face location. It has also completed a sufficient enough portion of the rehabilitation to commence higher productivity operations.
Eugene Chiaramonte, Jr., President of Quest, stated, "We are very pleased to report that we are now at the new face at the Pond Creek Mine and are ready to start mining significant amounts of coal. During the ongoing rehabilitation, we have been producing 150 to 300 tons per day, as we needed to spend a substantial portion of our resources for rehabilitation and compliance with federal and state inspection agencies. We have substantially completed the rehabilitation, and we have completed our equipment installation and necessary surveys to mine the new mine face. We can now shift our primary focus from rehabilitation to coal production. The residual rehabilitation required should not interfere with production and should be complete by the end of next week.
"With this achievement, we anticipate that we will start producing between 500 to 700 tons of coal per day, starting Monday. This equates to 10,000 to 14,000 tons per month.
"As a result of this accomplishment, we now seek to establish a second shift at the mine to allow us to reach our goal of 20,000 tons per month. We are currently targeting Labor Day to reach this goal, and we believe that, with the progress we have made, we will reach that goal. In addition, this breakthrough will allow us to move forward with our plans to reopen the Lower Cedar Grove seam, located in Slater's Branch, and the Taylor seam, located in Hurricane Branch."

About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.

Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.

Thursday, July 26, 2007

Platina Energy Upgrades Oil Collection System on its Young County Prospect

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News; FWB:O5Y) is pleased to announce today that it has begun upgrading the oil collection system currently in place on its Young County prospect.
Platina Energy's Young County prospect includes currently producing wells and proven reserves worth millions of dollars according to independent data. Initial production of oil, based on average pay-zone production data, indicates that daily production ranges from 20-50 barrels per day; however, advancements in recovery technology may be able to increase well productivity by 200% or more.
Upgrades to the current oil collection and storage system in Young County are being performed in order to accommodate newly anticipated drilling activities as part of its financial joint venture relationship with Zone Petroleum. Zone Petroleum is an oil and gas finance company whose primary target is Central and South American exploration opportunities. Platina and Zone entered into a joint venture agreement to develop the Young County prospect owned by Platina.
The potential upside for Platina's Young County prospect could be worth millions of dollars in oil revenues, according to third party reports. Platina will manage and operate the drilling and collection activities.
Depending on production reports, Zone Petroleum expects to drill the first two new wells and then assess the merits of continuing with the project. At such time, Zone shall have the exclusive first right of refusal to continue with the entire current drilling and development project.
Platina Energy anticipates acquiring more acreage in the Young County region and expanding operations through additional joint venture partnerships with Zone.

About Platina's Young County Prospect
Young County is a shallow well oil prospect located in West Texas. Currently, Platina Energy is producing oil from five (5) operating wells on approximately 372 oil and gas lease acres with more than 50 additional drilling locations. The Company has the capability to do turnkey drilling and completion on each well for $215,000-$300,000. ROI (Return on Investment) projections for the prospect are 4-7 times over the life of the wells based on an Independent Geological Evaluation.
Platina is an E & P Company that owns oil and gas lease properties in Texas and Tennessee. The Company currently produces oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is currently obtaining drilling permits. Platina owns rights to a German-inspired, proprietary technology that allows for the cost-effective recovery of certain types of untapped oil reserves.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised.
This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated.
Platina Energy believes forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable, unanticipated risks, trends, and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

Wednesday, July 25, 2007

An Audio Interview Featuring Blair Merriam, CEO of Platina Energy Group, Inc., is now Available at SmallCapVoice.com

AUSTIN, Texas--(BUSINESS WIRE)--SmallCapVoice.com, Inc. today announced that an audio interview is now available. The featured guest is Mr. Blair Merriam, CEO of Platina Energy Group, Inc. (OTCBB:PLTG - News; FWB:O5Y) (BCN:O5Y) (GER:O5Y) (STU:O5Y). The interview can be heard here at http://www.smallcapvoice.com/pltg/pltg-7-24-07.html.
SmallCapVoice.com is a recognized corporate consulting firm, with clients nationwide, known for its ability to help emerging growth companies build a following among retail and institutional investors. To learn more about SmallCapVoice.com and their services, please visit http://www.smallcapvoice.com/services.html.

About Platina Energy Group
Platina is an E & P Company that owns several oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German-inspired, proprietary oil recovery technology that allows for the cost-effective recovery of certain types of untapped reserves that exist throughout the world.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results, the potential inability to achieve profits or have cash flow, access to financing, and others must be understood.

Platina Energy's Proprietary and Innovative Thermal Pulse Unit Technology Licenses Become Subject of Joint Venture Alliance

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News), (Frankfurt:O5Y - News) announces that Permian Energy, a wholly owned subsidiary of Platina Energy Group, is forming a joint venture alliance using the Company's rights and licenses for the proprietary Thermal Pulse Unit device. Such an alliance would enable considerable distribution access to this innovative and environmentally friendly oil recovery technology.
Platina owns proprietary representation, licensing, and marketing rights to the German inspired Thermal Pulse Unit (TPU), an enhanced oil and gas recovery technology for improved extraction capability for various field applications.
Under proper conditions, the TPU provides significantly lowered cost basis per barrel for recovery without problems typically associated with current technologies such as CO2 floods and steam. It will also improve the potential recoverable reserves in fields that might otherwise not be extractable.
"The TPU allows for high pressure and heat to be forced down-hole thereby reducing paraffin deposits and viscosity of oil for better flow rates," stated Dan Thorton, VP of business development for Permian Energy. "In fields where there is oil but with some natural gas, this technology can remove the need for a down-hole pump or pump jack while utilizing gas lift technology of the TPU. Companies involved in this technology understand that the Thermal Pulse Unit device is innovative, yet reliable, because it is made from readily available and proven components."

About Platina Energy Group
Platina is an E & P Company that owns oil and gas lease properties in Texas and Tennessee. The Company currently produces oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is currently obtaining drilling permits. Platina owns rights to a German inspired, proprietary technology that allows for the cost effective recovery of certain types of untapped oil reserves.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated.
Platina Energy believes forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable, unanticipated risks, trends, and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

Tuesday, July 24, 2007

Platina Energy Orders Independent Third-Party Evaluation of its Palo Duro Basin Prospect

CHEYENNE, Wyoming--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News; FWB:O5Y) (BCN:O5Y) (GER:O5Y) (STU:O5Y) is pleased to announce that it has recently hired an independent third party to prepare an evaluation report for the Palo Duro Basin shale prospect. Current contract agreements held by Platina are for over 20,000 gross acres.
"The Palo Duro Basin shale formation has been a long time coming. Estimates by a Morgan Stanley report clearly indicate its potential viability, including additional pay-zones outside of the major natural gas reservoirs," said Mr. Blair Merriam, CEO of Platina Energy Group, Inc. "We will be providing additional information regarding this asset to shareholders as soon as it is available. The data that will be provided by the independent report should further confirm our reserve speculations for the property. We believe that the Company contract holdings could contain considerable recoverable reserves. Until we have enough information from reliable sources, it is just too early to know."
According to a Morgan Stanley report (Click Here For: Morgan Stanley Research Report, http://www.beaconequityresearch.com/report/PLTG_Morgan_Stanley.pdf) and subsequent recent data published in a major trade journal, the Palo Duro Basin shale formation may be as much or potentially more prolific than the Barnett Shale, a region famed for its significant natural gas reserves.

About Palo Duro Basin
Platina's Palo Duro Basin Prospect consists of considerable acreage in Texas -- over 20,000 acres under various arrangements. Platina's Management is of the opinion that the Palo Duro shale formation could be one of the largest natural gas deposits in America. The Company is in the process of properly evaluating the leasehold acreage and in discussions related to potential development of the property.

About Platina Energy Group
Platina is an E & P Company that owns several oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German-inspired, proprietary oil recovery technology that allows for the cost-effective recovery of certain types of untapped reserves that exist throughout the world.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results, the potential inability to achieve profits or have cash flow, access to financing, and others must be understood.

Monday, July 23, 2007

Platina Energy Expands Joint Venture Funding with Zone Petroleum for Young County Prospect

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News), (FWB:O5Y) announced today that the Company has expanded its joint venture agreement with Zone Petroleum to include additional well sites and acreage in its shallow well Young County, Texas prospect. This expanded commitment will enable Platina Energy to secure and drill additional lease acreage.
Mr. Blair Merriam, CEO of Platina Energy Group, Inc., commented on the company's expansion of the agreement: "This decision to expand our joint partnership with Zone Petroleum serves as a testament to both our faith in our operations at the Young County Prospect as well as our ability to work together with Zone Petroleum to maximize our production capacity and build value for our shareholders. We are very pleased to be working with respected industry players such as Zone Petroleum, and consider that partnership to be a significant strategic asset."
A spokesperson for Zone stated that, "The partnership with Platina marks the first one of its kind outside of its focus on Central American opportunities. It was never our intention to allocate a considerable financial commitment to such a project outside of our core area but we have been very impressed with Platina and its management and particularly its field representatives that have done a very good job of being on time and under budget."
Mr. Merriam further commented that Platina Energy will continue to acquire more acreage in the Young County region and expand operations through additional joint venture partnerships with Zone or other industry players.

About Platina Energy Group
Platina is an E & P Company that owns several oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German inspired, proprietary oil recovery technology that allows for the cost effective recovery of certain types of untapped reserves that exist throughout the world.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

AllPennyStocks.com Spotlights Platina Energy Group Inc.

MISSISSAUGA, Ontario, July 23, 2007 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Platina Energy Group Inc. (OTC BB:PLTG.OB - News).
Platina Energy Group Inc. is a publicly traded holding company that is acquiring Energy Sector related companies. Platina has made its initial acquisition and plans to acquire several more non-competing, complementary companies. The concept is to build a platform/holding company that mitigates risk for investors by spreading their equity investments across multiple investments through one holding company that acquires technology driven enhanced recovery, drilling, and exploration oriented companies. Platina plans to use a combination of stock, cash, and seller debt to purchase synergistic and accretive companies.
Platina's proprietary German Inspired TPU technology provides the Company with a unique competitive edge that improves as reserves are depleted and oil prices increase. The TPU provides a significantly lowered cost basis per barrel for recovery without the problems typically associated with current technologies such as CO2 floods and steam. The TPU is a technological breakthrough that provides the Oil and Gas Industry with cost effective solutions that are environmentally friendly.
A complete PLTG profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/pltg.asp

About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Platina Energy Group Inc. (OTC BB:PLTG.OB - News). The amount is four thousand dollars by a non-affiliated third-party, European American Investments for its efforts in presenting the PLTG profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/pltg.asp.

Platina Energy Group Rated 'Speculative Buy,' Target Price $1.50 by Beacon Equity Research

DALLAS--(BUSINESS WIRE)--Platina Energy Group (OTCBB: PLTG - News) has been rated "Speculative Buy" with a target price of $1.50 by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at http://www.BeaconEquityResearch.com.
Anyone interested in receiving alerts regarding Platina Energy Group research should email members@beaconequityresearch.com with "PLTG" in the subject line.
In the report, the analyst writes, "Platina Energy Group is an independent exploration and production company with multiple oil and gas lease properties in North America and a proprietary enhanced recovery technology. The Company, headquartered in Cheyenne, Wyoming, owns proved reserves valued in excess of $60 million and is currently producing oil from wells on its Young County prospect in Texas. The Company's strategy is to minimize risk by holding a diversified portfolio of energy and related investments. The Company currently owns oil and gas leases in the Palo Duro Basin in Texas, the Appalachian Basin in eastern Tennessee and in Young County, Texas."
Other companies in the natural resource development market include Marathon Oil (NYSE: MRO - News), International Oil&Gas (OTCBB: IOGH - News), Suncor Energy Inc (NYSE: SU - News), and Abraxas Petroleum Corp (AMEX: ABP - News).

Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Platina Energy Group (PLTG). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research has been compensated two hundred fifty thousand free trading shares from a non-controlling third party (European American) for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.

Sunday, July 22, 2007

Platina Energy Estimates Initial Production at 10,000 Barrels per/mo for its Young County Lease

CHEYENNE, Wyo.--(BUSINESS WIRE)--Platina Energy Group, Inc. (OTCBB:PLTG - News; Frankfurt:O5Y - News), is pleased to announce that upon completion of the 35 well joint venture program in Young County, initial production to Platina's interest could top 10,000 barrels of oil per month. According to a third party report, total production over 11 years is estimated to be 28,000 barrels per well. At current prices, net revenues to Platina's interest could exceed $750,000.00 per month. Young County is a highly defined shallow well prospect located in West Texas.
"This field includes currently producing wells and proven reserves potentially worth millions of dollars according to independent data," stated Mr. Blair Merriam, CEO and President of Platina Energy Group, Inc. "Using an extrapolated version of the average pay-zone information from the area, and according to a third party report, estimated initial daily production should range from 20-50 barrels per day per well. Also, advancements in recovery technology may be able to increase well productivity by 150-200% or more. Our internal estimates are based on initial production of 35 barrels per day before decline curve amortization."
The Company's development plan for the Young County Lease will be implemented in two phases. Phase one, which encompasses the initial development of approximately 20 well sites, has been committed through a third party joint venture agreement with Zone Petroleum, a third party energy finance Company. The first well permits have been issued and drilling is expected to commence before the end of July 2007.
Phase two of the development plan, which also calls for the development of approximately 15 additional well sites, is presently available to third party investors in conjunction with the primary agreement with Zone Petroleum. The cost to drill and complete these wells under the current guaranteed production program is just under $5 million.

About Platina Energy Group
Platina is an E & P Company that owns several oil and gas lease properties in Texas and Tennessee. The Company is currently producing oil from one field. It also owns oil and gas leases for proven and unproven reserves for which it is in the process of obtaining drilling permits. Additionally, Platina owns rights to a German inspired, proprietary oil recovery technology that allows for the cost effective recovery of certain types of untapped reserves that exist through out the world.

SEC DISCLAIMER
Information contained herein may contain forward-looking statements which are not guarantees of future success or that there cannot be losses. The actual presence or recoverability of reserves for optimal and timely recovery, well costs or schedules or other matters cannot be promised. This release contains "Safe Harbor" provisions of the US Private Securities Litigation Reform Act of 1995 & involves risks and uncertainties, which could cause actual results to differ materially from those estimated herein.
Platina Energy believes the forward-looking statements are based on current reasonable assumptions but can give no assurance that results will be achieved. Unpredictable & unanticipated risks, trends and uncertainties including inability to accurately forecast operating results; the potential inability to achieve profits or have cash flow; access to financing; and other must be understood.

Thursday, July 19, 2007

Quest Minerals & Mining Passes Quarterly Inspection

PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, announced today that federal and state inspection agencies have completed their Triple A inspection of Quest's Pond Creek Mine at Slater's Branch for the second quarter of 2007. Quest is pleased to report that it is fully compliant with the requirements of the inspection.
Quest also reported that it is continues to forecast that the rehabilitation of the mine will be complete by the end of July. Towards that end, Quest is preparing to move its equipment and operations to the new mine face for increased coal production.
Eugene Chiaramonte, Jr., President of Quest, stated, "We are pleased to report that we passed our Triple A inspection by the federal and state inspection agencies at the mine. We are making significant progress towards our goal of complete rehabilitation by the end of July, and we continue to believe that the rehabilitation will be complete by that time. Based on our discussions with our brokers, we believe that coal demand remains strong for the low sulfur coal being produced at the Pond Creek seam. Our research also indicates that there continues to be high demand for the metallurgical blend coal available at our Lower Cedar Grove seam."
About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. Quest leases over 700 acres of coal mines, with approximately 12,999,000 tons of coal in place in six seams. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.
Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.

Wednesday, July 11, 2007

Quest Minerals & Mining Adds Additional Equipment in Anticipation of Increased Coal Production

PATERSON, N.J.--(BUSINESS WIRE)--Quest Minerals & Mining Corp. (OTCBB: QMMG - News; Frankfurt: QMN.F - News), a Kentucky based operator of energy and mineral related properties, announced today that it is adding additional mining equipment to its Pond Creek Mine at Slater's Branch in anticipation of increased coal production. Quest is currently completing its rehabilitation of the mine, which would allow Quest to significantly increase its coal production.
The new equipment being installed is a coal separation unit fabricated by Work Welding of Pisnon Fork, Kentucky. Workmen Welding specializes in specialty fabrication products for enhanced recovery at coal mines.
Eugene Chiaramonte, Jr., President of Quest, stated, "With this new equipment, we believe that we can increase the coal quality that is shipped to the preparation plant by up to 30%, which should increase the value of raw tonnage shipped by over $5.00 per ton. We also expect that this would reduce trucking costs by over 20%. If we are able to increase our production to our goal of an average of 20,000 tons per month, we expect that the increased productivity from this equipment could improve our results of operation by up to $200,000 per month."

About Quest Minerals & Mining
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States. Quest focuses its efforts on properties that produce quality compliance blend coal. For more information on Quest Minerals & Mining Corp., please visit our website at www.questmining.net.

Forward-Looking Statements
This document contains discussion of items that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although Quest believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ from expectations include, but are not limited to, lack of revenue producing operations, lack of working capital, debt obligations, judgments and lien claims against Quest and certain of its assets, difficulties in refinancing short term debt, difficulties identifying and acquiring complementary businesses, fluctuations in coal, oil & gas, and other energy prices, general economic conditions in markets in which Quest does business, extensive environmental and workplace regulation by federal and state agencies, other general risks related to its common stock, and other uncertainties and business issues that are detailed in its filings with the Securities and Exchange Commission.

Wednesday, July 4, 2007

Martin Nutraceuticals Launches New Book Sales Website www.medicalcrisisthebook.com

RENO, Nev.--(BUSINESS WIRE)--Martin Nutraceuticals Inc. (PINKSHEETS: MNCL - News) is pleased to announce that it has developed a specific website for handling the large volume of interest that they expect from their upcoming Infomercial on Dr. Martins future best seller - "Medical Crisis: Secrets your Doctor won't share with You."
Mr. Harvey Panesar, President of Martin Nutraceuticals, was enthusiastic is his comments about the new site. "Our new interactive website for book sales is www.medicalcrisisthebook.com . The Website is a work in progress; however the first step is complete so that the consumer can at least order the book. I can not fully tell you how excited I am that this project will soon be underway. We have poured a lot of time, money and energy into this project. Based on consumer feedback, we believe that it is going to be a very successful Infomercial."
Mr. Panesar went on to state that "Prior to the Infomercial airing, interested parties can purchase copies of the book on this new website. Advance sales have been brisk, with major retailers showing interest in stocking the book as well as Canada's largest book retailer(Chapters) already reordering the book. To date all comments about the book have been exceedingly positive."
About Martin Nutraceuticals Inc.
Martin Nutraceuticals Inc. is a company focused on providing a better health and lifestyle through natural products. Martin Nutraceuticals flagship products include Arthrizyme(TM) for general joint pain and Oxygenol(TM) for anti-oxidation and Maximum Slim(TM) for weight control.
In the past few months the company has been producing an infomercial on best-selling author Dr. Anthony Martin's new book "Medical Crisis: Secrets our Doctor won't share with You." This amazing new book provides Dr. Martin's insights into the many things that an individual can eat and do in order to improve their health and wellness and that their medical doctor just does not have the time and resources to provide them. "Medical Crisis" is certainly life-altering and can possibly be life-saving.
For more information, please contact Investor Relations at (973) 351-3868 or http://www.martinnutra.com/
Safe Harbor Statement
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions.

Monday, July 2, 2007

Pure H20 Overviews Potential Growth in Overseas Market via Management Discussion

RENO, Nev.--(BUSINESS WIRE)--Pure H2O, Inc. (PINKSHEETS: PURH - News), provider of novel water and wastewater treatment systems, is pleased to announce that it has had a very successful and productive second quarter with respect to corporate development and strategic planning. Pure H2O has been overwhelmed by the numerous inquiries and possible joint venture opportunities that have presented themselves. "Water has the potential to be the fuel of the future and with the growth opportunities and inquiries that Pure is receiving from different markets, including China and India, it is a very exciting time for the company," comments Harvey Panesar, Secretary of Pure H2O Inc.
The previously discussed initiative regarding a share buy back program remains of importance to our company. In the short -term our focus is on corporate growth, acquisitions and international expansion. We are also aggressively pursuing the large number of joint venture opportunities which have presented to us. As always, are strategy is to create long term shareholder value" stated Harvey Panesar.
As the development phase of the company evolves into marketing and sales, the companies financing requirements and options have also changed. The company will be investigating innovative financing vehicles tailored to specific markets in order to achieve maximum market penetration. "It is very exciting to have participated in this growth phase of the Company. We are very excited about what the future holds with all the new international markets and opportunities that keep presenting themselves to us" continued Harvey Panesar.
For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.PureH2Oinc.net.
About PureH2O, Inc.:
Pure H2O, Inc. (PINKSHEETS: PURH - News) is a US corporation which provides end-to-end consultation, design, implementation, and sales of technical solutions for clients with problem water. Pure H2O provides a full-service program that includes comprehensive application development, integrated storage and dosing equipment, chemical inventory supply and management as well as ongoing field and technical operations support. The Companies objective is to provide every client with cost effective and value added full-service solutions to meet their water quality control needs.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

Sunday, July 1, 2007

Martin Nutraceuticals Retail Division Receives Second Purchase Order from Canada's Largest Book Retailer

Re-Order Secures Shelf Space with New York Times Best Sellers
RENO, Nev.--(BUSINESS WIRE)--Martin Nutraceuticals, Inc. (PINKSHEETS: MNCL - News) is pleased to announce that it has received a second purchase order from Chapters Book Stores for their breakthrough book: Medical Crisis: Secrets Your Doctor Won't Share With You.
Chapters Book Stores, whose parent company Indigo Books and Music (TSX: IDG - News) represents over half of all book sales in Canada with revenues exceeding $300 million annually, is Canada's largest big box retailer with over 77 branded super stores and 280 mall-based stores across Canada. Chapter/Indigo not only was the first to feature an elegant interior to enhance the book reading experience, but has now added the mega-coffee provider Starbucks (NASDAQ: SBUX - News) to increase the comfort of all visitors.
"We are very pleased that we are beginning to receive re-orders from highly respected book stores like Chapters. We are also confident that our new book Medical Crisis: Secrets Your Doctor Won't Share With You will be a success, and are very pleased that our book is now sharing shelf space with best selling health and wellness books such as Natural Cures," commented Harvey Panesar, President of Martin Nutraceuticals.
"As an organization, our focus remains with the DRTV (infomercial) in the United States; however, we recognize the great opportunity afforded us through our retail division to have product in recognizable book retailers such as Chapters in Canada. We now intend to continue to enter the U.S. market targeting retail placement in such well-known book stores as Borders and Barnes and Noble," Panesar continued.
For more information, please contact Investor Relations at (973) 351-3868 or http://www.martinnutra.com/
About Indigo Books & Music Inc.
Indigo is a Canadian company and the largest book retailer in Canada, operating bookstores in all provinces under the names Indigo Books Music & More, Chapters, The World's Biggest Bookstore and Coles. Indigo operates chapters.indigo.ca, an online retailer of books, music, videos, and DVDs. It is a publicly traded company listed on the Toronto Stock Exchange under the stock symbol IDG.
About Martin Nutraceuticals Inc.
Martin Nutraceuticals Inc. is a company focused on providing improved health and lifestyle through natural products. Martin Nutraceuticals flagship products include Arthrizyme(TM) for general joint pain and Oxygenol(TM) for anti-oxidation and Maximum Slim(TM) for weight control.
The company has recently produced an Infomercial featuring best-selling author Dr. Anthony Martin's new book "Medical Crisis: Secrets Your Doctor Won't Share With You". This amazing new book provides Dr. Martin's insights into the many things that an individual can eat and do in order to improve their health and wellness. The book focuses on providing information that medical doctor do not have the time or the resources to provide to their patients. The book has been described as life-altering and in some instances life-saving.
Safe Harbor Statement
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Companies business include but are not limited to fluctuations in the financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions.

Disclaimer

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