10 Best Internet Stocks To Own For 2015: Propell Technologies Group Inc (PROP)
Propell Technologies Group, Inc., incorporated on February 04, 2008, offers enhanced oil recovery technology and services. These services are offered through its wholly owned subsidiary Novas Energy USA, Inc., through commercial application of a Plasma-Pulse Technology.
The Company's technology is designed to be suitable for oil wells as deep as 12,000 feet. Novas's Plasma-Pulse Treatment is an Enhanced Oil Recovery (EOR) technology and process. The treatment uses no chemicals.
Advisors' Opinion:- [By John Udovich]
Although oil prices ended the year at multi year lows, now would be the time to take a closer look at small cap gas compression or enhanced oil recovery (EOR) stocks like Usa Compression Partners LP (NYSE: USAC), CSI Compressco LP (NASDAQ: CCLP) and Propell Technologies Group Inc (OTCBB: PROP) before oil and gas prices inevitably rise again. To begin with, natural gas compression services are used to transport natural gas and specifically to get natural gas from low-pressure wells into gathering systems, storage and processing facilities as well as to maintain production as reservoir pressure declines. Compression services are also used to extract gas from unconventional natural gas sources like shale plays. Meanwhile, so-called enhanced oil recovery or EOR is just a generic term for the techniques used for increasing the amount of crude oil that can be extracted from an oil field with potential methods including steam flood and water flood injection or hydraulic f racturing (so-called fracking). Naturally, demand for compression services and EOR technologies would be impacted by oil and gas commodity prices.
- [By James E. Brumley]
Truth be told, oil giant Halliburton Company (NYSE:HAL) and major oil player Denbury Resources Inc. (NYSE:D! NR) aren't likely worried about little ol' Propell Technologies Group Inc. (OTCBB:PROP)... at least not yet. Their lack of concern may end up being a big mistake, though. Propell Technologies Group has developed a new piece of oil well technology that can rejuvenate a struggling oil flow that might just make names like Denbury Resources and Halliburton green with envy.
source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-internet-stocks-to-own-for-2015.html
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