Pantera Petroleum, Inc. (PTPE.OB) is “One to Watch”
Pantera Petroleum, Inc. (PTPE.OB) is an oil and gas exploration company headquartered in Austin, Texas, with additional operations in Asuncion, Paraguay. Given the expected petroleum growth from 83 million barrels per day in 2004 to more than 118 million barrels per day by 2030, according to the U.S. Department of Energy, the company’s mission is to explore and discover energy supply in North and South America. Petroleum prices are at historically high levels due to increased world energy demand and yearly supply shortfalls. In addition, 67 percent of the incremental growth is projected in the transportation sector, which has few…