Successfully merged with Tandem Energy Corporation
SPAC Overview
$115M
IPO Size
$105M
Trust Amount
Completed
Current Status
2005
IPO Year
Timeline Progress
About
A blank-check company formed to acquire an unidentified operating business in the oil and gas exploration and production industry. It has no target under consideration and intends to use offering proceeds to complete a business combination.
Investment Focus
Oil & Gas
The terms and the filing trail behind PLATINUM ENERGY RESOURCES INC
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Mark Nordlicht
Chairman of the Board of Directors
Tim G. Culp
Chairman of the Board, Chairman of the Board of Directors
Barry Kostiner
Chief Excutive Officer and Secretary, Chief Executive Officer, Chief Executive Officer and Secretary, Director, Secretary
James H. Dorman
Executive Vice President
Jim L. Troxel
Executive Vice President
Michael Glynn Cunningham
Chief Financial Officer, Senior Vice President
Richard Geyser
Vice President
Toben A. Scott
Operations, Vice President
Todd M. Yocham
Engineering, Senior Vice President
William Cooke Glass
Director, President
Robert L. Kovar
Chief Operating Officer
Albert Helmig
Director
Bernard Albert Lang
Director
James E. Bashaw
Director
Norman Rosenberg
Director
J. David Rogers
Beneficial owner
Tim G. Gulp
Beneficial owner
Dyke Culp
Jack Chambers
Lance Duncan
Tobin Scott
Extended Team Information
The management team has experience in energy trading, oil and gas exploration and production, commodity markets, investment and finance. Its members include founders and executives of energy and financial firms, former senior energy traders and NYMEX leadership.
Stock Performance
PGRI
Trading Symbol
First Trade
October 23, 2025
$25.04
6 Months Post-Merger
October 23, 2025
$25.04
0%
1 Year Post-Merger
October 23, 2025
$25.04
0%
2 Years Post-Merger
October 23, 2025
$25.04
0%
Current Price
September 30, 2026
$26.23
+5%
Key Information
IPO Date
October 26, 2005
Total Redemptions
$14.1M
State of Incorporation
DE
SIC
6770
Completion Date
October 26, 2007
Merger Target
Tandem Energy Corporation
SPAC Ticker
PGRI