Thursday, September 24, 2009

Pluris Energy Group Inc.

Industry: Mining

Main business locations: Argentina, Latin America

Registered office:
Tortola
British Virgin Islands

Financial highlights (2008):
Net Loss: US$4,649,421
Total assets: US$47,306
Stockholders' deficit: US$7,918,494
Deficit accumulated during the exploration stage: US$27,222,091

About the BVI company:

Pluris Energy Group Inc. (BVI) is a holding and a wholly owned subsidiary of Pluris Energy Group Incorporated, which is exploration stage international energy company specializing in the development of international business opportunities including, but not limited to, the acquisition, exploration and development of oil and natural gas properties in South America; primarily in the region of Argentina. The activities of the Group’s subsidiaries, including Pluris BVI, are to focus upon acquiring oil and natural gas prospects in hydrocarbon rich regions of Argentina.

Pluris Energy Group, Inc. was incorporated in Nevada in 1997, under the name 'Hadrosaurus Resources, Inc.'. In 2003 the company changed its name on the OTC Bulletin Board public listing to Petrogen Corp., after the acquisition of Petrogen, Inc. In September 2006, it completed merger with its subsidiary, Pluris Energy Group Inc., as a result of which it changed its name to Pluris Energy Group Inc. In this period, the company made strategic shift of its operations from the Texas Gulf Coast to Latin America. Company’s main executive offices are located in Vancouver, British Columbia, Canada.