Platina Reports Total Depth, Positive Indications in Tennessee

Platina Energy Group, Inc. reports the completion of the drilling phase for Kenner #4 in Tennessee with excellent evidence of natural gas. According to onsite Company representatives, there were good indications of natural gas presence starting with the initial phase of drilling all the way through the shale layer formation.

"We are confident that this will be a third producing well on the Tennessee field as soon as the completion phase for production is finished," stated Blair Merriam, President of Platina. "As quickly as this can be done, we will begin flaring any excess nitrogen from the formation prior to commercialization of the well. The Company remains very optimistic about the continued success in Tennessee in addition to other field development."