SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BRAESRIDGE ENERGY LLC

(Last)

(First)

(Middle)

9440 WEST SAHARA AVENUE, SUITE 240

(Street)

LAS VEGAS

89117

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PLATINUM ENERGY RESOURCES INC [ PGRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2009

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.0001 per share	06/01/2009		J⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		2,496,121	D	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	0	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	06/01/2009		J⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		2,496,121	D	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	0	I⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	See footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Common Stock, par value $0.0001 per share	06/01/2009		J⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾		1,697,400	D	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	0	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Warrants to purchase Common Stock, par value $0.0001/share	$6	06/01/2009		J			5,544,300	06/01/2009	10/23/2009	Common Stock, par value $0.0001 per sha	5,544,300	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	0	D⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Warrants to purchase Common Stock, par value $0.0001/share	$6	06/01/2009		J			5,544,300	06/01/2009	10/23/2009	Common Stock, par value $0.0001 per sha	5,544,300	⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	0	I⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾	See footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾

1. Name and Address of Reporting Person^*

BRAESRIDGE ENERGY LLC

(Last)

(First)

(Middle)

9440 WEST SAHARA AVENUE, SUITE 240

(Street)

LAS VEGAS

89117

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Regent Venture V LLC

(Last)

(First)

(Middle)

9440 WEST SAHARA AVENUE, SUITE 240

(Street)

LAS VEGAS

89117

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. This is a joint filing by Braesridge Energy LLC ("BEL") and Regent Venture V LLC ("Regent") (collectively, the "Reporting Persons"). On June 1, 2009, BEL transferred to Pacific International Group Holdings LLC ("Pacific") direct beneficial ownership with sole voting and dispositive power of 2,496,121 shares of common stock, par value $0.0001 per share (the "Common Stock"), of Platinum Energy Resources Inc. and Warrants to purchase and additional 5,544,300 shares of Common Stock. No actual funds were exchanged in this transfer between affiliates. (continued in footnote 2)

2. (continued from footnote 1) On June 1, 2009, Regent transferred to Pacific direct beneficial ownership with sole voting and dispositive power of 1,697,400 shares of Common Stock. No actual funds were exchanged in this transfer between affiliates. (continued in footnote 3)

3. (continued from footnote 2) Regent directly owns 100% of BEL and therefore also may be deemed to have disposed of indirect beneficial ownership with shared voting and dispositive power of the Common Stock and Warrants transferred by BEL to Pacific described above. (continued in footnote 4)

4. (continued from footnote 3) After the transfers from each of BEL and Regent to Pacific described above and as of June 1, 2009, each of BEL and Regent may be deemed to have no beneficial ownership of any shares of Common Stock or Warrants. As such, neither BEL or Regent have further filing obligations with respect to the Common Stock or Warrants pursuant to Section 16(b) of the Securities Exchange Act of 1934.

	/s/ Syd Ghermezian, Manager, Braesridge Energy LLC	06/01/2009
	/s/ Syd Ghermezian, Manager, Regent Venture V LLC	06/01/2009
	** Signature of Reporting Person	Date
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