Proper Power & Energy, Inc. (OTC:PPWE)
America’s oil and natural gas industry creates 9.2 million jobs within our economy and 7.5 percent of GDP. Our industry supports higher-than-average wages and donates to our nation’s energy security:
- The national average annual salary for oil and gas exploration and production is $96,844 or about $47 per hour – over double the average annual salary of all other jobs.
- From 2004-2007, the oil and natural gas industry was responsible for supporting nearly 2 million additional domestic jobs.
Most U.S. citizens use around 2 barrels of oil per month. America contributes around 5.4 million barrels of crude oil every day which adds up to almost 2 billion barrels per year.
In 2009, around 41% of America's total energy use was used by homes and businesses, 30% was used for industrial activities and 29% was used by transportation.
Proper Power & Energy, Inc. 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 PPWE.
"We look forward to expedite future discussions of both Companies working together to mutually reach our Utah objectives," stated Andrew Kacic. The next steps will be circulating a memorandum of understanding followed upon definitive agreements.
About Proper Power & Energy:
Proper Power & Energy, Inc. is an independent exploration and production company. PPWE's operations are in Kentucky, which provides for low risk developmental drilling and production, and Utah, which PPWE controls over 11,000 acres for its exploratory prospect. Renowned geophysicist and consultant to PPWE, Robert Dunbar, believes the Utah prospect could hold up to one billion barrels of recoverable oil.
To learn more about PPWE visit: http://properpower.com
Terremark Worldwide, Inc. (NASDAQ:TMRK) - Holzer Holzer & Fistel, LLC is investigating whether the directors of Terremark Worldwide, Inc. complied with their fiduciary duties in approving the proposed buyout of the Company by Verizon Communications, Inc. According to the Company’s announcement, Terremark shareholders will receive $19.00 per share if the deal closes. The investigation seeks to determine, among other things, whether the consideration to be paid to Terremark shareholders is fair and adequate.
Terremark Worldwide, Inc. and its subsidiaries provide managed information technology (IT) solutions with data centers in the United States, Europe, and Latin America. It delivers a suite of managed solutions, including colocation, managed hosting, managed network, disaster recovery, security, and cloud computing services. The company's colocation services comprise the provision of the space, power, and sensitive compartmented information facility services, as well as the installation and maintenance of complex network environments. It also designs, deploys, operates, monitors, and manages clients' IT infrastructures and data environments, including Websites, enterprise resource planning, tools, and databases; and commercial and secure network operations centers, as well as provides Infinistructure, a virtualized computing platform and digitalOps, a service delivery software tool that facilitates the management of colocation, hosting, and network services, including computing network design, operations, and management environments. In addition, the company provides exchange point services, including interconnect services and peering services. Terremark Worldwide serves approximately 1,100 customers across various sectors, including enterprise, government agencies, systems integrators, network service providers, Internet content and portal companies, and Internet infrastructure companies. The company was founded in 1982 and is based in Miami, Florida.
GreenHouse Holdings, Inc. has been engaged this week to implement Southern California Edison's (SCE) Automated Demand Response (Auto-DR) program for three commercial/industrial customers. The customers include Sigma Plating, the PepsiCo Carson bottling facility and CRP MB Studio, LLC.
"Auto-DR is a rapidly growing aspect of our energy efficiency portfolio that can reap benefits for a wide range of commercial and industrial organizations, as evidenced by the diversity of these three unique customers," said Russ Earnshaw, President of GreenHouse. "We are very pleased to be working Sigma Plating and CRP MB Studio to help them take advantage of Southern California Edison's Auto-DR program. Management is extremely fortunate to assist another PepsiCo facility in their conservation efforts."
GreenHouse estimates that the projects will generate $500,000 in revenue to the company. This projection is based upon approximately 1,500 kW or 1.5 MW of electricity demand reduction and infrastructure improvements from the engagements.
The Auto-DR program offers significant financial incentives and technical support to Southern California Edison (SCE) customers willing to install equipment that enables participation in demand response events versus depending on their employees to perform all the curtailment activities manually when required. Normally, control systems (automation) are installed with the programming needed to achieve reductions in electricity consumption during peak periods of demand on the grid. "Participants in SCE's Auto-DR program are in 100% control of the actual curtailment measures implemented on an event-to-event basis. By utilizing an Auto-DR system, participants will have real-time usage information and the technical means to reduce electric consumption during costly peak energy periods when the demand is highest. On-going financial benefits can be realized from program enrollment and DR event participation (benefits vary from program to program). Additionally, the systems commonly implemented for Auto-DR participation are fully capable of being used to improve productivity and equipment operating efficiencies as well as provide users with information that can augment routine and emergency operations and maintenance regimens," adds Robert Davis, Vice President of Energy Services at GreenHouse.
GreenHouse Holdings, Inc., through its subsidiary, R Squared Contracting, Inc., provides energy efficiency products and technologies to the residential, commercial, and industrial building markets. GRHU also offers ethanol fuel and ethanol production technologies to residential, corporate, and government customers. In addition, GRHU distributes E-Fuel MicroFueler, as well as ethanol production systems to produce ethanol using sugar, algae or waste from distilleries and breweries. Further, GRHU operates an aquaponic, vegetable, and fish farm for residential customers, and the food and restaurant industry. GRHU supplies its products through outsourced manufacturers and assembly from third-party subcontractors. GRHU was founded in 2007 and is headquartered in San Diego, California.
To learn more about GRHU visit: http://www.greenhouseintl.com
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