I was pleased to receive a message from John W. Huemoeller II that Russian billionaire Roman Abramovich has invested five million in his company. This kind of role in the Propell Technologies Group is important for the strategically intensive development of our industry. Now we will be able to implement the plasma technology more effectively to increase oil and gas reserves in the United States.
Experts predict that because Abramovich now plays a significant role in the U.S. oil industry, the investments will continue to grow, and it is very possible that he may eventually invest hundreds of millions of dollars.
Included is a picture with John W. Huemoeller II and his plasma technology.
Official news: http://www.propell.com/news/detail/624/propell-announces-5000000-strategic-equity-investment-by
