PPWE, EME - Proper Power & Energy, EMCOR; CRWEFinance.com Stock Highlight! Jan 26th 2011
Proper Power & Energy Announces Meeting of Potential Utah Joint Venture Candidate!
Proper Power & Energy, Inc. (OTC:PPWE) has announced the next stage of its Western U.S. operations. The Company met with the executives of Thrust Resources Inc. and EQ Resources Inc. in Dallas, Texas on January 20, 2011. The meeting focused on a joint venture for the Central Utah Prospect between the Companies. This was the initial meeting between Clint Brower, CEO and Chairman of EQ Resources, and Andrew Kacic, the newly named President of Proper Power & Energy Inc.
The next steps will be circulating a memorandum of understanding followed upon definitive agreements. "We look forward to expedite future discussions of both Companies working together to mutually reach our Utah objectives," stated Andrew Kacic.
PPWE 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, which 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.
More about PPWE at: www.properpower.com
**************************************************************************
Shares of EME increased $0.85 (+2.91%), up to $30.02 in early trading, today!
EMCOR Group, Inc. Subsidiary Awarded Contract for Maintenance and Construction at Seminole Electric Cooperative Generating Station!
EMCOR Group, Inc. (NYSE:EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, announced that its PPM subsidiary has been awarded a five-year contract valued at over $35,000,000 for ongoing maintenance and construction services at the Seminole Electric Cooperative generating station outside of Palatka, Florida. Seminole Electric Cooperative has retained PPM for similar services for the last eight years.
PPM will be responsible for year round maintenance and construction services at the generating station, which operates two 650-megawatt coal-fired boilers. PPM will also be responsible for supporting overflow outage projects, as well as providing critical and non-critical support for plant wide systems, which include but are not limited to, precipitator maintenance and fly ash system, cooling tower, and other mechanical, electrical and civil requirements. Additionally, PPM will be responsible for operations and maintenance support for a gypsum processing facility that operates 24-hours a day, seven days a week, associated with the generating station.
“During the past eight years that we’ve performed work at the Seminole Electric Cooperative generating station the PPM team has experienced nearly 2,500,000 continuous man-hours without an OSHA Lost Time Incident,” stated Henry Moree, President and CEO of PPM. “We feel particularly privileged and excited to have been selected to continue working with Seminole Electric Cooperative and look forward to expanding upon our long-standing relationship.”
About EMCOR Group, Inc.
A Fortune 500 company with estimated 2010 revenues of $5.0 billion, EMCOR Group, Inc. (NYSE:EME) is a global leader in mechanical and electrical construction, energy infrastructure, and facilities services. A leading provider of critical infrastructure systems, EMCOR gives life to new structures and sustains life in existing ones by its planning, installing, operating, maintaining, and protecting the sophisticated and dynamic systems that create facility environments---such as electrical, mechanical, lighting, air conditioning, heating, security, fire protection, and power generation systems---in virtually every sector of the economy and for a diverse range of businesses, organizations and government. EMCOR represents a rare combination of broad reach with local execution, combining the strength of an industry leader with the knowledge and care of 170 locations. The 26,000 skilled employees of EMCOR have made the company, in the eyes of leading business publications, amongst the “World’s Most Admired” and “Best Managed”. EMCOR’s diversity---in terms of the services it provides, the industries it serves and the geography it spans---has enabled it to create a stable platform for sustained results. The Company’s strong financial position has enabled it to attract and retain among the best local and regional talent, to undertake and complete the most ambitious projects, and to redefine and shape the future of the construction and facilities services industry.
More about EME at: www.EMCORGroup.com
**************************************************************************
Signup for FREE Daily Stock Alerts From CRWEFinance.com/signup
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. CRWEFinance.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold CRWEFinance.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://crwefinance.com/disclaimer) Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings Inc. (OTCPK:CRWE) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (OTCPK:CRWE), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (OTCPK:CRWE) advertises for a particular client, Crown Equity Holdings Inc. (OTCPK:CRWE) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (OTCPK:CRWE), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (OTCPK:CRWE) received 1,000,000 shares of free trading shares from a third party (Mohamad Nehmeh) for two (2) weeks of advertisement services for Proper Power & Energy, Inc. (OTC:PPWE).
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.