Proper Power & Energy, Inc. (PPWE)
Oil was formed from the remains of plants and tiny animals that settled to the bottom of ancient oceans. These remains or sediments were buried by layers of mud and sand. Gradually, over millions of years, the weight of these accumulating layers built up great pressure and heat. The sediments packed together and became rock. The organic (once living) remains were changed into kerogen, a waxy substance that forms oil and natural gas. Most of the world's petroleum is more than 100 million years old, and is thus called a fossil fuel.
Natural Gas is one of the principle sources of energy for many of our day-to-day needs and activities. For hundreds of years, natural gas has been known as a very useful substance. The Chinese discovered a very long time ago that the energy in natural gas could be harnessed, and used to heat water. In the early days of the natural gas industry, the gas was mainly used to light streetlamps, and the occasional house. Natural gas has many applications, commercially, in your home, in industry, and even in the transportation sector.
Proper Power & Energy Inc. is an independent exploration and production company. The Company's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, where the Company controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to Proper Power, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.