This will be replaced by the player.

President of Proper Power Anticipates Announcing First Revenues From the Sale of Oil This Quarter!

 

 

drstock-2-3

signup3m

 

http://pennyomega.com/img/ppwe.png

According to Andrew J. Kacic, President of Proper Power & Energy, Inc. (OTC MARKETS: PPWE) , the company looks forward to having a very productive 2011 and anticipates announcing the first revenues from the sale of oil this quarter.

Proper Power plans to drill additional wells on its Kentucky property no later than the first month of the second quarter of 2011. The Company also intends to commence exploratory drilling to prove out the reserves on its Utah property by the third quarter of this year. The current price of oil, combined with the rising demand for domestic production could make this a very promising year for the Company.

Proper Power has recently been approached by two independent financing groups and has submitted a $10 million private placement memorandum to both parties involved. These two groups are seeking domestic oil and gas production in light of the Middle East tensions.

About Proper Power & Energy, Inc.:

Proper Power & Energy, Inc. (OTC MARKETS: PPWE) is an independent exploration and production company. The Company’s operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.

For more information about Proper Power & Energy, Inc. visit www.properpower.com

***********************************************************************

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer). Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (PPWE.PK).

drstbc

 
Share/Bookmark
 

Tags: , , , , ,


Read our full Disclaimer

Latest News

  • Site Translator:
EQCO2, Inc. Fraud Lawsuit
Hot stocks to watch!

Corning Inc - GLW

SanDisk Crop - SNDK

Crown Equity Holdings Inc. - CRWE

JPMorgan Chase & Co - JPM

Lowe's Companies Inc - LOW

PowerShares QQQ - QQQQ

Energy Select Sector SPDR ETF - XLE

Seagate Technology Plc - STX

VALE S A - VALE

Exxon Mobil Corp - XOM

eBay Inc - EBAY

NVIDIA Corp - NVDA

EMC Corp - EMC

Sterling Financial Corp Wa - STSA

Weatherford Internation Lt - WFT

Bank of America Corporation - BAC

Starbucks Corp - SBUX

Kingdom Koncrete Inc. - KGKO

Regions Financial Corp - RF

Ford Motor Co - F

iShares Silver Trust ETF - SLV

AT&T Inc - T

CRWE Network
Web Stats
Search
Rates

 

Follow Dr Stock Pick at
PennyOmega.com Vision

Every success must begin with a vision. If you can see it, you can achieve it.