Profile: Propell Technologies Group Inc (PROP.OB)
Propell Technologies Group, Inc., incorporated on February 4, 2008, operates through its wholly owned subsidiary Novas Energy USA, Inc., a technology and services company. The Company, through Novas Energy USA, is engaged in the commercial application of a Plasma-Pulse Technology to enhance the recovery of oil, for which it has a perpetual exclusive license to utilize in the United States and Mexico. The Company is focusing on developing its Plasma Pulse Technology for the petroleum industry.
The Plasma Pulse Technology is suitable for oil wells as deep as 12,000 feet. The Company has used the Plasma Pulse Technology to treat over forty wells in the United States in eight states: Kansas, Louisiana, Oklahoma, Wyoming, California, Tennessee, Colorado and Texas.
Propell Technologies Group Inc
2ND FLOOR, 1701 COMMERCE ST
HOUSTON TX 77002