Proper Power & Energy Purchases List of Owners for Acreage and Mineral Rights Surrounding Tooele Claim

TAMPA, Fla., May 13 /PRNewswire-FirstCall/ -- Proper Power & Energy, Inc. (OTC Bulletin Board: PPWE) announced today the Company has engaged H. Gordon Beamguard of HGB Land Services Company, Inc. to research and provide the names and information of the current holders of land and mineral rights for a total of 100,000 acres of land in the areas surrounding the Company's Tooele County claim.  The area, located approximately 50 miles south of Salt Lake City, Utah will be used to complement the current claim.

The Company plans to continue negotiations with rights holders to obtain 12-18 month "free-look" options, wherein the Company pays for the right to have its geologists and geophysicists to conduct field studies to determine the existence and depths of potential oil and gas reserves under the ground.  Should these studies result in promising potential finds, the Company will negotiate with the holders to execute industry leases for drilling and excavation.  

The breakdown of the ownership of the targeted land is promising regarding any potential governmental or environmental impediments to drilling.  Approximately 25% of the land is controlled by the State of Utah, 20% is controlled by the federal government, and 55% is privately held.

"This is an important step for Proper Power as the Company continues to execute its business plan to acquire, explore and develop potential oil and gas producing properties," stated Joe Abdo, President of Proper Power.  

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.  

Safe Harbor Statement:

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

SOURCE Proper Power & Energy, Inc.