Nov. 24, 2009 (PR Newswire) --
TAMPA, Fla., Nov. 24 /PRNewswire-FirstCall/ -- Proper Power & Energy, Inc. (OTC Bulletin Board: PPWE) announced today the Company has executed an agreement with HGB Land Services Company to identify additional land leases and strategic opportunities in Central Utah and other locations throughout the United States.
HGB Land Services is able to draw upon many years of oil & gas industry experience in varying capacities to provide its clients with expertise and solutions to a wide range of oil and gas land related matters. Having provided service to a number of oil & gas companies, HGB Land Services is able to bring a wealth of experience involving the day-to-day management requirements in the oil and gas context. HGB has identified multiple locations that the Company is currently evaluating. Some of the opportunities include oil and gas exploration as well as current producing wells.
The Company will continue to evaluate additional opportunities and strategic partnerships that should increase its footprint in the oil and gas exploration in Utah and other areas in the United States and possibly abroad. The Company will keep shareholders updated on the Company's progress.
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.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
Contact Information
Corporate: Nicole Propp
Nicole@properpower.com
Investor Contact: Daniel Conway
DC Consulting, LLC
(407) 792-3332
daniel@dcconsultingllc.com
SOURCE Proper Power & Energy, Inc.
