NBT Equities Research: Initiating Coverage on Propell Technologies Group, Inc. (PROP)
Game Changing Disruptive Technology for Oil Enhanced Recovery in the United States
The Company:...
Game Changing Disruptive Technology for Enhanced Oil Recovery in the United States
Propell Technology Group, Inc. - Unlocking America’s Petroleum
Barrels of oil a day…the acronym is BOAD. For the owners of the 550,000 wells in the United States that are <10 BOAD or currently using injection systems to coax their black gold from existing wells…Propell Technologies (PROP) Novas Energy Plasma-Pulse micro-fracking technology for enhanced oil recovery is a gift from the oil gods.
This week the added 10 new wells for treatment…and have 5 additional wells to treat in the coming weeks.
MOST important—these are wells in the mighty Permian Basin…the #1 oil field in the United States.
The Novas Energy micro-fracking value proposition for <10 BOAD well owners is simply too good to pass-up: 2x-10X MORE barrels of oil produced every day without expensive and environmentally taxing hydraulic fracturing or chemical injection…at a fraction of the cost.
Source: PRWeb
Click Here to see our entire report on Propell.
Founder and Editor-in-Chief for NBTEquitiesResearch.com. Contributor and Anchor for the Fox News Channel and Fox Business Network 2000-2013. Chairman & CEO of NBT Group, Inc., a boutique private capital investment bank and investor relations organization.
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