HOUSTON, Feb. 2, 2011 /PRNewswire/ -- Platinum Energy Resources, Inc. ("Platinum Energy") (PGRI.PK), today announced that it has received a ruling in Robert L. Kovar v. Platinum Energy Resources, Inc. Judge Peeples, the presiding judge in the case, ruled in favor of Platinum Energy denying Mr. Kovar's claim for breach of his employment agreement and concluding that Mr. Kovar did not have "good reason" to terminate his employment with Platinum Energy.
About Platinum Energy
Platinum, based in Houston, Texas, is an oil and gas exploration and production company with approximately 37,000 acres under lease in relatively long-lived fields with well established production histories and is currently engaged in drilling, developing and exploiting these properties to provide long-term growth in stockholder value.
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SOURCE Platinum Energy Resources, Inc.