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PPWE - Proper Power
Proper Power Receives Additional Endorsements on Thrust Resources
.Companies:Proper Power and Energy, Inc..Press Release Source: Proper Power & Energy, Inc. On Friday June 25, 2010, 4:15 pm EDT TAMPA, Fla., June 25 /PRNewswire-FirstCall/ -- Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob - News) announced today receipt of additional letters of support for the RadioMetrics Plus (RMP) survey tool. The Company has based its petroleum reserve projections of its leased mineral rights on the RMP method and subsequent historic seismic data readings. In a written statement from Red Fork Production, LLC of San Antonio, Texas, the statement reads, "I have known of Don Metcalfe and Robert Dunbar for almost 20 years. "Who says the Wild-Catter is dead? A small company, with eight employees, out of Grand Rapids, Michigan, has just discovered a field in Central Utah, with over one billion barrels of recoverable oil. The company, Wolverine Oil and Gas, now sits atop a gigantic oil field, one of the largest in the Continental United States ... I will never forget that. But Mr. Dunbar and Mr. Metcalfe have many times in their careers been at the center of historic discoveries and their humble attitude and tireless persistence is an inspiration to all of us. "On a smaller scale, Mr. Dunbar and Mr. Metcalfe have performed RadioMetrics Plus Surveys for our Company, as well. From 2005 |
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PPWE BABY!!
Awesome news out on this one. I think im going to take a position in this one, I think were going to see some nice gains!!
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#3
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PPWE Proper Power & Energy, Inc.
PPWE Proper Power & Energy, Inc.
PPWE has great ability to see massive gains. Last Trade @ 0.19 should see some price appreciation. Minor resistance @ 0.22 with huge potential for breakout @ 0.26 and could possibly test upward trendlines @ 0.29 and 0.33. Could be a big week. Keep PPWE on your radar. |
#4
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PPWE
Press Release Source: Proper Power & Energy, Inc. On Monday June 28, 2010, 11:36 am
TAMPA, Fla., June 28 /PRNewswire-FirstCall/ -- Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob - News) announced today the Company released the first data analysis report of its Central Utah prospect as compiled by Thrust Resources geophysicist Robert Dunbar. The Company retained Thrust Resources' compiled Radiometrics Plus survey when it purchased its lease in the Rush Valley in late 2007. This past summer, the Company purchased independent, reprocessed seismic data on the same fields to compare those readings with the Radiometrics Plus. Radiometrics measures radioactive hydrocarbons as they migrate upward through the Earth's underground. Seismic data is based on traditional geological measurement of sound waves through the Earth's crust. Based on his initial review of the seismic, Mr. Dunbar believes that the previous reserve projections may have been severely understated. "In comparing the Rush Valley Prospect to Covenent Field, a thicker Mississippian shale source bed should be present, since the Mississippian shale thickens westward from approximately 1000 feet at Covenent to 7000 feet in Central Nevada. Vertical migration of hydrocarbon from the Mississippian is believed to be the reason for the Navaho accumulation at Covenent. Also the Navaho section at Rush Valley should be thicker and is expected to be approximately 1500 feet. Therefore, the 10 to 15 million barrels of oil reserve per well on 80 acre spacing at Covenent may be quite conservative when applied to Rush Valley," stated Robert Dunbar. "Depths may be roughly calculated by applying a factor or 7 times the seismic time in milliseconds. Example |
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PPWE Time to get in!!
PPWE News just hit the wire. Looks like there going to have more reserves than anticipated. This well has the potental of 12,000 barrels a day This is the time to take a position in the company. This is also an awesome time to be in the oil sector with the consistant rise in oil prices. Good luck to you all remember to do your dd!!
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#6
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PPWE
Company Overview
Proper Power and Energy, Inc. (OTCBB: PPWE) Proper Power and Energy, Inc. has put together an 11,000+ acre major lease prospect in Utah with room for over 75 wells. The company believes the property holds more than 2 Billion barrels recoverable. They will only explore prospects where the geologic target formations are known to produce oil and gas in geographically separate, but analogous, fields. They will only drill where the radiometrics tell them commercial hydrocarbons are present. To further understand their strategy, it is important to know the difference between developmental and exploratory drilling. Exploratory wells are attempts to find new oil and gas fields, whereas development wells expand or more fully tap into a known oil or gas reservoirs. Since Proper Power and Energy, Inc. has the appropriate technology, they will explore. In time, their technology may become the industry standard, and the word "wildcat" may apply to non-radiometrcially surveyed drilling. All of their prospects are classified as exploratory in nature, but they are not "wildcat" since they have the radiometrics data advantage. Their prospects are separated geographically from existing oil and gas production, but they are not always separated geologically or radiologically. Therein lays the difference from "wildcatting." With reserve prices going higher, the economics of exploration with radiometrics are compelling. The company is reducing the finding costs and everything associated with the actual drilling and the completion risks. While there is a higher drilling risk associated with an exploratory well than with a development well, the reward potential with a successful exploratory well far exceeds the upside of any developmental well. The Company geophysicist, Robert Dunbar, has commenced his initial review of the seismic data recently acquired by the Company. Mr. Dunbar has compared the initial data with his previously completed Radiometerics Plus results in the Tooele County claim. As a result, he has contacted the seismic source provider and has requested additional information and clarification regarding the actual mathematical readings in order to be better able to conclude his report. According to Dunbar, the initial findings appear to be very encouraging and exciting. The study range area includes 11,000 acres in Rush Valley. Although he is not yet prepared to sign off on the completed study, Dunbar believes that he will be prepared to opine as to the approximate locations of the best and highest pay zones and quantities within three weeks. Last May, the Company sent representatives to Utah to interview potential drilling companies and met with a prominent Tooele County longtime drilling group and obtained a general idea of the budgetary requirements to commence drilling the first two wells in the claim. The Company has also established contacts with local oil and gas consulting firms and will retain one to be the face and local presence for Proper Power in Utah. The local consultants will interact with Proper Power management and Robert Dunbar on all facets of operations in the State which the Company feels is an important resource tool to maintain. |
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PPWE
PPWE Looks like somethig is in the works today, Some crazy volume poured into this one this morning. I see that it dipped down a little this morning. Imo late this afternoon this one is going to see an intense volume spike, and when the news hits the wire this one is going to explode. Looking at the charts there there is strong support holding us up at .095 and .125 . We could very easily see this trading back at .25 or higher. Not much makes this one move.The way its trading and all the chatter I have seen on possible news coming this is the time to get into this one
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PPWE
Business Summary
Proper Power and Energy, Inc. operates as an oil and gas exploration and production company primarily in the United States. It focuses on utilizing a system of research and testing, and selected various sites with potential for productivity. The company |
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PPWE Proper Power & Energy, Inc.
Proper Power & Energy Discusses Shareholder Dividend
Press Release Source: Proper Power & Energy, Inc. On Wednesday June 30, 2010, 4:15 pm TAMPA, Fla., June 30 /PRNewswire-FirstCall/ --Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob - News) announced today that in a move to maintain shareholder confidence, the board has called a meeting for Thursday, July 1st, at the office of Proper Power to discuss possible plans for the issuance of a stock dividend to its shareholders. Once the terms and structure of this dividend is set and agreed upon, Proper Power will release a statement outlining this issuance. "Proper Power has been hard at work taking all of the necessary steps that it feels are needed to succeed as a productive oil and gas company. We realize that a large part of our success will be a direct result of our ongoing investor support. Identifying the importance of shareholder confidence is yet another step we must take. A stock dividend for shareholders could be a great way to demonstrate our support for them," said Joseph Abdo, President, Proper Power & Energy. About Proper Power & Energy: Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity. |
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PPWE Big news!!!
Good evening all, I see PPWE came with another news release after the bell today. Looks like this company is on the right track to be a great long term stock. Imo with oil being up 18% these past few months this is the sector we want to be in.This could be a crucial buying time for PPWE. It has been a slow week with many equities coming off their lows, but now could be a great entrance opportunity for a stock in the oil and gas sector. I think this one is going to be a wildcat in the morning. Huge volume brings in huge gains!! I dont think anyone wants to miss out on this one. Remember to take you profits people all pigs will be slaughtered.
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#11
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$PPWE strong morning here, trading @ 20D MA .19 and already over 10D MA before 10:00am. In the green +18.75%, certainly showing positive movement after last nights press release: Proper Power & Energy Discusses Shareholder Dividend
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#12
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PPWE,
Def an awesome day on this one. I cant wait to see what the news is going to be about after the board meeting. Charts are showing indications of a foward split.
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#13
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PPWE Proper Power & Energy, Inc.
Proper Power & Energy Provides Shareholder Update
TAMPA, Fla., July 7 /PRNewswire-FirstCall/ -- Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob - News) today provided shareholders with a corporate update. As Proper Power enters the second half of 2010, the management team would like to recap all that has been done thus far, as well as highlight some of its plans for the future. Since starting this venture, the Company has secured an 11,000 acre paid up oil and gas lease in Utah. Proper Power has had several experts in the field, such as Thrust Resources, validate its project and methodology for future oil production. The Company has identified potential joint venture partners as well as organized a plan for raising capital and funding its projects. Proper Power has also hired senior management in the "energy corridor" of Houston with extensive experience in the oil and gas industry. Proper Power looks forward to a very productive second half of 2010 and will keep shareholders informed as developments occur within the Company. About Proper Power & Energy: Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity |
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PPWE News out!!!!
PPWE, Here we go with some more news from the company after the close today!! This one is going to blast off in the morning. We are at another great entry price and we could really see some nice gains on this one.The company is doing an awesome job keeping the shareholders informed every step of the way. PPWE organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity. Imo the company has a long bright future and were all going to be there along the way makeing money with them. Remember to do your dd and u can start here with the latest news
TAMPA, Fla., July 7 /PRNewswire-FirstCall/ -- Proper Power & Energy, Inc. (OTC Bulletin Board:PPWE.ob - News) today provided shareholders with a corporate update. As Proper Power enters the second half of 2010, the management team would like to recap all that has been done thus far, as well as highlight some of its plans for the future. Since starting this venture, the Company has secured an 11,000 acre paid up oil and gas lease in Utah. Proper Power has had several experts in the field, such as Thrust Resources, validate its project and methodology for future oil production. The Company has identified potential joint venture partners as well as organized a plan for raising capital and funding its projects. Proper Power has also hired senior management in the "energy corridor" of Houston with extensive experience in the oil and gas industry. Proper Power looks forward to a very productive second half of 2010 and will keep shareholders informed as developments occur within the Company Last edited by RAZOR11 : 07-07-2010 at 08:41 PM. |
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PPWE - 11.24% Yesterday
Last Trade @ 0.15 Below the MA20@ 0.18 In the last 120 Days of Trading it PPWE Closed out Only Once Below 0.15 @ 0.14 IMO We Cud See An Early Rally To Test 0.18 with a strong Possibility to Push thru to 0.20 For a 25% + Gain News After The Close ( Proper Power & Energy Provides Shareholder Update ) Should Bring a lot of Attention To PPWE Charts Are Showing PPWE is Primed To Go ( Chart Link ) Bullish Cross Over Signal in MAC -D line For More Information On PPWE Visit Their Web Site @ PPWE"Featured Report" |
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PPWE
Proper Power & Energy Provides Shareholder Update"
PPWE could be a long term winner with this big news announcement.PPWE NEWS Proper Power & Energy, Inc. announced today before the opening that they provided shareholders with a corporate update. The Company has based its petroleum reserve projections of its leased mineral rights on the RMP method and subsequent historic seismic data readings. With oil on the rise, up over 20% in past few month, this is the sector you want to be in! This may just be the beginning for PPWE |
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PPWE, Big run!!!
PPWE! Keep watching this one. Imo theres much more coming from this company. If you look at this past few weeks on the company there has been alot of volume. As we all know Volume proceeds price, So I think were going to see some nice gains in the very near future. Also dont forget about the share holder meeting. They still havent commented on that yet! So I would def keep this one on the watch list. Remember Utah has some extremely large oil and natural gas fields and Propower has 11,000 acres there. They are estimating 12,000 barrels of oil per day. The best thing is that oil always has a buyer which in turn means more revenue for the company and the higher our shares go!!!
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#18
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PPWE (VIDEO CHART)
PPWE-CLICK HERE TO WATCH VIDEO CHART
994-49b7-b7cb-b2dee1908f69 |
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PPWE
Great video chart!! This is the time to get into this one. I am seeing this one everywhere and there all saying the same thing!! Rumors of news... If it comes this one is going to explode like MT. Vesuvious!!!
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#20
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PPWE
PPWE
Volume looks very strong here. trading below averages at a consistent price at about .13 to .14 had a big hammer form at .095 being the low. price and volume are gaining a strong amount of support. i think this stock is a great investment. company looking at wolverine drilling co and several others to take on this huge exploration. company has explored grounds and found about 75 rigs to fit around their acreage. company can create about 2 to 3 billion annually. this is huge. natural gas is now largely being used in big rig vehicles. commercially. this is huge also bc the company is in the u.s. Utah is huge for natural gas. PPWE Closed @ 0.14 Last time it closed below.14 was 1/22/2010, Great Grab 4 price appreciation IMO.MA20 @ .18 n MA 50 @.21.Keep a Close eye PPWE PROPER POWER AND ENERGY, INC. Current Projects Click here to watch a Video chart of PPWE PPWE, To learn more about Proper Power & Energy take the time to visit Their Web Site @ |
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