HOUSTON, Oct. 20, 2014 (GLOBE NEWSWIRE) -- via PRWEB - John Huemoeller II, CEO of Propell Technologies Group (OTCQB:PROP), the exclusive US licensee of a plasma pulse technology for enhanced oil recovery (EOR) will present at the New Orleans 2014 Investment Conference held in New Orleans, Louisiana, October 22-25.
Mr. Huemoeller will discuss with investors details of Propell's plan to expand its sustainable oil well treatment business.
The New Orleans 2014 Investment Conference will also feature individual presentations by today's most popular authorities, newsletter editors and sector analysts, including Dr. Alan Greenspan, Charles Krauthammer and Marc Faber.
"I'm eager to continue our dialogue with existing investors and share the excitement of our growing Plasma Pulse well treatment business with new ones," commented Mr. Huemoeller.
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.
SAFE HARBOR
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 results derived from use of our technology. 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, the factors described in our on Form 10-K for the year ended December 31, 2013, 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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