Proper Power & Energy, Inc. (PPWE) Reports on Recent Events at Company
Proper Power & Energy, Inc. updated the investment community on recent events at the company, including management changes, possible partnerships and oil and gas exploration and development activities on its properties in the United States. Proper Power & Energy, Inc. reported that production has started from four wells in Kentucky that the company recently recompleted. The company did not release data on the level of production. Proper Power & Energy, Inc. conducts its oil and gas activities through American Resources, Inc., a 100% owned subsidiary of the company. Proper Power & Energy, Inc. announced that Joseph Abdo will step down…