PROP pickup on news/considered finalist.......expanding on their plasma technology that generates oil from problem wells

 

Propell Technologies Group, Inc. (PROP)

-OTC BB

0.38 0.03(8.57%) 10:17AM EST

 

 

 

• Propell Technologies Group, Inc's Wholly Owned Subsidiary Novas Energy USA, Inc to Present Enhanced Oil Recovery Technology and US Treatment Results at Total Energy USAGlobeNewswire(Wed 9:32AM EST)

 

Novas Energy USA, Inc., plans to present its exclusively licensed enhanced oil recovery technology and results from its treatment of oil wells in the United States as an exhibitor (Booth #807) at the Total Energy USA Conference being held at the George R. Brown Convention Center in Houston, TX, November 19th - 21st, 2013.

Novas Energy USA and its plasma pulse technology are currently in the running for Total Energy USA's Chairman's Innovation Award. Of the 20 submissions for this award Novas is one of six total finalists between Mid-Large and Micro-Small cap companies. It is one of three finalists in the Micro-Small cap companies sector.

 

• Propell Technologies Enters into Engineering AgreementGlobeNewswire(Tue, Nov 5)
• Propell Technologies Reports Well Treatment Results in the Arbuckle Formation in KansasGlobeNewswire(Wed, Oct 23)
• Propell Technologies Reports 6-Month Well Treatment Results in OklahomaGlobeNewswire(Mon, Oct 14)
• Propell Technologies Reports Additional Well Treatment Results in OklahomaGlobeNewswire(Tue, Oct 8)
• Propell Technologies Reports Well Treatment Results in OklahomaGlobeNewswire(Tue, Oct 1)

 

 

 

Recall recent runup on well results early Oct.....Notice a higher intermediate term low developing around .35 vs .30

 

 

 

 

Recall discussions on the stock back in mid Oct: 

 

 

From: Greenbackers

Sent: Wednesday, October 9, 2013 7:22 AM

Subject: Impressed with PROP into close

 

 

 

Focus:

 

 

PROP was best strength of prior mentions......closing at intraday highs.......Notable in that in climbed above 43, where it broke out to last week.......Look for some intal consolidation, but is developing into an intermediate turnaround candidate.....debate .50 initially.....

0.46 Oct 8, 3:31PM

PROP	Propell Technologies Reports Additional Well Treatment Results in Oklahoma GlobeNewswire09:02am EDT

 

Recall recent discussions:

Keeping an eye on PROP in light if recent breakout to .42 on bullish news regarding their Plasma Technology.

 

 

0.46 0.05(12.20%) 3:31PM EDT

 

 

Recall recent post:

PROP recent breakout to .42...Plasma oil technology provides solution to getting oil out of problem wells...customers lining up.

worth a look...

 

Propell Technologies Signs First Oil Services Revenue Sharing Agreement

 

Recent news: NBT Equities Research com reported on this breakthrough technology....excerpt from their report:

The Value Proposition is Killer. As opposed to spending $tens of thousands or $hundreds of thousands for hydraulic fracking crews with water trucks, water reclamation costs and polluting... Read More:  http://nbtequitiesresearch.com/report/propell-tech-prop-plasma-microfracking-technology-delivers-another-750k-revenue-gusher

 

 

 

 

 

 

 

 

 

Bottom line:  Debate PROP under .40 on all the events this fall and on intermediate term technicals.....