PPWE News Out> Millions of barrels of oil>>Sevier Over-thrust Assessment Unit region where from there is an estimated 300 million barrels of undiscovered oil, and 827 million barrels in the Eastern Great Basin Region. The Sevier over-thrust region represents the Western most extension of the intensive Utah over-thrust belt. The Sevier over-thrust region is anticipated to have a fully developed total petroleum system to both generate and capture deeper seated oil. The area, for which the subject seismic data has been acquired, resides within the Sevier over-thrust system and is located within a potentially successful off-trend oil exploration project."
"When we balance the findings offered by the Dunn Report with the data compiled from hydrocarbon migration studies produced from our RadioMetrics Plus (RMP) paradigm, we believe that Mr. Dunn's one billion barrel initial projection probably represents the lower end of the reserve potential in our Rush Valley play," stated Proper Power President, Joseph Abdo. "We will continue to invest in legitimate study to narrow down and reduce the possibility of drilling off-target," concluded Mr. Abdo.
Mr. Dunn is not now, nor ever has been as Officer or Director of Proper Power & Energy, Inc. or any subsidiary thereof. He has never been an insider or shareholder of the Company. The Company plans to release the balance of Mr. Dunn's independent report at a future date.