Proper Power & Energy, Inc. (OTC:PPWE)
Proper Power & Energy, Inc. maintains 10,000 plus acres of leased land in Central Utah, and last year announced the results of its initial review of seismic data. This was on the heels of Thrust Resources' Radiometrics Plus data suggesting the existence of huge pay zones in the Valley.
PPWE has begun production on its Kentucky oil asset, in addition to the 11,000 acres leased for its exploratory prospect in Utah. The Utah prospect has the potential for over 75 wells. PPWE believes the Utah property holds very substantial recoverable reserves, indicated through seismic and radiometric analysis.
Proper Power & Energy was formed in 2006 as an exploration and production company for oil and gas. The organization is committed to utilizing a very dynamic system of research and testing, and as a result of this extensive research and testing, have selected several sites with very good to excellent potential for productivity.
To learn more about PPWE visit: http://properpower.com
ULURU Inc. (AMEX:ULU) a specialty pharmaceutical company focused on the development of a portfolio of wound management and oral care products, announced it has entered into a definitive agreement to sell 5,000,000 shares of its common stock at a price per share of $0.10 pursuant to a registered direct offering to an institutional investor, resulting in gross proceeds of approximately $500,000.
ULURU Inc. is a specialty pharmaceutical company focused on the development of a portfolio of wound management and oral care products to provide patients and consumers improved clinical outcomes through controlled delivery utilizing its innovative Nanoflex Aggregate technology and OraDisc transmucosal delivery system.
Community Bankers Trust Corporation (AMEX:BTC) reported that it has filed with the Securities and Exchange Commission (the "SEC") amendments to its Annual Report on Form 10-K for the 2008 fiscal year and to its Quarterly Report on Form 10-Q for each of the first three fiscal quarters of 2009. The filings were made in response to comments from the SEC regarding both the inclusion of financial statements and related information with respect to each of the Company's predecessors (TransCommunity Financial Corporation and BOE Financial Services of Virginia, Inc.) through May 31, 2008, and enhanced disclosures relating to goodwill and intangible assets, fair value measurements, FDIC-covered assets, asset quality and other items.
The Company is the holding company for Essex Bank, a Virginia state bank with 25 full-service offices, 14 of which are in Virginia, seven of which are in Maryland and four of which are in Georgia. The Company also operates one loan production office.*****
Sonde Resources Corp. (AMEX:SOQ) announced that it has completed drilling and production testing of its inaugural well on the 7th of November Block, offshore Tunisia / Libya, the Zarat North-1 appraisal (the "Well"), in which Sonde owns a 100% working interest. Jack Schanck, Sonde's President and CEO, said "We are very pleased with the robust test results from this well, and the thickness of the hydrocarbon column, which was about twice that originally estimated for this location. Our near-term engineering studies will include reviewing the use of horizontal wells for developing the field, which may result in significantly higher production rates and recoverable reserves per well given the high quality of reservoir rock encountered."
Sonde Resources Corp. is a Calgary, Alberta, Canada based diversified global energy company engaged in the exploration and production of oil and natural gas and in the development of a liquefied natural gas ("LNG") project.
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