PROP seeing turnaround @ .18. breakthrough tech making fracking safe steady turnaround from .13 in dec.. story below has something to do with...nor trying to hype..very real, legit story OilPrice.com Article Names Propell (PROP) Plasma-Pulse Technology “Overnight Sensation” By Tobin Smith | December 11, 2014, 6:42pm GMT According to Oilprice.com, “As fracking scrutiny snowballs with California's stringent new regulations set to take effect in July and a successful anti-fracking referendum earlier this month in Denton, Texas, the E&P industry is eyeing new technology that foregoes toxic chemicals and harnesses plasma pulses reminiscent of science fiction weaponry.
Indeed, Plasma Pulse Technology (PPT) from Propell Technologies, Inc. (PROP) is a weapon of sorts-one that could bridge the divide between oil and gas producers on one hand and environmentalists and regular citizens who are concerned that the toxic chemicals used in the process will pollute groundwater.”
John Huemoeller II, CEO, has been advised by a major California oil field operator that it's 4th quarter 2014 well treatments produced a significant and sustained increase in injection capacity. Propell was also advised by the customer of plans for further treatments in 2015.
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