HOUSTON, Texas, Aug 21, 2014 (GLOBE NEWSWIRE via COMTEX) — via PRWEB – Propell Technologies Group (OTCQB:PROP), the exclusive US licensee of a plasma pulse technology for enhanced oil recovery (EOR) unveiled its new corporate site last month and its subsidiary, Novas Energy site yesterday, August 20th.
The corporate site, http://www.propell.com incorporates numerous features to streamline browsing and create a more informative experience for the Company’s current and potential investors.
Major features of the new site include easily accessible investor presentations, stock data, real time news feeds and easily searchable archives of corporate materials and information.
It also includes a blog, blog.propell.com that provides commentary to investors on corporate and industry developments.
The new subsidiary site, http://www.novasenergy.com provides detailed technical information on the Company’s Plasma Pulse petroleum well stimulation treatment and has features which allow well operators to obtain a comprehensive assessment of the treatment’s potential for their specific wells. It also contains past well treatment results that demonstrate its capabilities.
“Part of Propell’s mission is presenting stakeholders the information they seek in the clearest and most organized way. As our official online portal, propell.com accurately reflects the excitement of what we have to offer to shareholders and to those with whom we do business,” commented John Huemoeller II, president and CEO.
“Furthermore, we expect that Novasenergy.com will be a central source of sales information for customers and will be a useful resource in our sales efforts,” he continued.
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ABOUT PROPELL TECHNOLOGIES GROUP
Propell Technologies Group, Inc. (http://www.propell.com/), through its wholly owned subsidiary Novas Energy USA, is the exclusive U.S licensee of the Plasma Pulse enhanced oil recovery (EOR) well treatment that improves production cost effectively and without acidization, hydrofracking or other chemicals. It develops and commercializes treatment and stimulation of oil wells to meaningfully improve production and enhance the recovery of oil and gas in existing wells.
This press release includes forward-looking statements of our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding the expectation that Novasenergy.com will be a central source of sales information. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in our forward-looking statements include, among others, our ability to have the website perform the functions that we expect the other factors described in our on Form 10-K for the year ended December 31, 2012, and any other filings we may make with the SEC. The information in this press release is provided only as of the date written, and we undertake no obligation to update any forward-looking statements contained in this press release on account of new information, future events, or otherwise, except as required by law.
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