CHEYENNE, WY--(MARKET WIRE)--Apr 3, 2008 -- Platina Energy Group, Inc. (OTC BB:PLTG.OB - News) (Frankfurt:O5Y.F - News) reports that it has had natural gas well production on its Kentucky field commanding up to a 20% premium to spot pricing resulting from high BTU content. This field, managed by Wildcat Energy, a wholly owned subsidiary of Platina, has exceeded projections and is now entering our next fiscal year profitably.

"By all measures, the opportunity for development on the Kentucky field for both oil and gas could potentially dwarf other holdings of Platina," stated Blair Merriam, President and CEO. He further stated, "We are in the final stages of a new reserve report that should indicate PV10 valuations, according to SEC guidelines, many times our current share price. For these reasons and many more, we feel that Platina has considerable unrecognized value in the market place."

The Company plans to expand operations over the Kentucky field to further validate its holdings, resulting in potentially higher recoverable reserves than previously estimated.

About Platina Energy Group

Platina Energy is a fast growing E&P 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.

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 & involves risks and uncertainties that 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 & 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 that may require performance by the lessee. This could result in loss of future rights and underlying assets.

     Contact Information:
      
     Platina Energy Group
     Blair Merriam
     Email Contact
      
     http://www.PlatinaEnergyGroup.com