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Proper Power & Energy, Inc. (OTC:PPWE) a Tampa-based independent oil and gas exploration and production company, 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.
Americans use masses amounts of oil. Although we make up only 5% of the world’s population, the U.S. burns 25% of the Earth’s oil production. America characterizes the oil-dependent lifestyle.
Oil is the raw material that makes the functioning possible of nearly every element of the U.S. economy, directly or indirectly. It supplies 40% of the nation’s power supply—way above any other source. Oil gives power to our industries, gives heat to our buildings, and supplies the raw material for plastics, paints, textiles, and many more materials. But it is in our transportation that oil is most important.
Oil supplies 97% of the fuel consumed by America’s gigantic fleet of trucks, trains, planes, ships, buses and cars.
We have based our entire way of life on a non-renewable resource that may run out within the next 30 years. All other alternative energy sources will not be able to replace oil any time soon. But Americans continue on as if there is an endless supply of oil, as they buy bigger and more cars and drive longer distances from non energy-efficient suburban developments.
About Proper Power & Energy:
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.
Peabody Energy Corp (NYSE:BTU) the board of directors of Peabody Energy declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on March 3, 2011, to holders of record on Feb. 10, 2011. Peabody Energy is the world's largest private-sector coal company and a global leader in clean coal solutions. With 2010 sales of 246 million tons and $6.9 billion in revenues, Peabody fuels 10 percent of U.S. power and 2 percent of worldwide electricity.
Peabody Energy Corporation, through its subsidiaries, engages in the exploration, mining, and production of coal worldwide. It owns interests in 28 coal operations located in the United States and Australia, as well as owns joint venture interests in a Venezuelan mine.
Solera Holdings Inc. (NYSE:SLH) announced that it will release its financial results for the second quarter ended December 31, 2010 on Wednesday, February 2, 2011 after the market close. A conference call will be hosted by Tony Aquila, Solera's founder, chairman and CEO, and Renato Giger, Solera's CFO, at 5:00 p.m. EST that evening.
Solera Holdings, Inc. provides software and services to the automobile insurance claims processing industry. It offers estimating and workflow software to manage the overall claims process, estimate the cost to repair a damaged vehicle, and calculate the pre-collision fair market value of a vehicle; and salvage and recycling software that helps automotive recyclers to manage their inventories in order to facilitate the location, sale, and exchange of vehicle parts for use in the repair of a damaged vehicle.
Waters Corp. (NYSE:WAT) announced the release of NuGenesisÂ® Scientific Data Management System 7.1 Service Release 7 (SR-7), structurally validated to support Microsoft's Windows 7, both Professional and Enterprise 32bit versions, and Waters new Empower™ 3 Chromatography Data System (CDS). Additionally, the NuGenesis SDMS 7.1 release features new functionality for enhanced SOP management, new instrument inventory capabilities, and new technical foundation for interfaces between Vision Publisher and SAP-QM or other LIMS systems.
Waters Corporation operates as an analytical instrument manufacturer primarily in the United States, Europe, Japan, and Asia. The company designs, manufactures, sells, and services high performance liquid chromatography (HPLC), ultra performance liquid chromatography (UPLC), and mass spectrometry (MS) instrument systems and support products, including chromatography columns, other consumable products, and post-warranty service plans.
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