NEWS CAME OUT ON THIS STOCK

WINSTON-SALEM, N.C., Dec. 8, 2009 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News), along with its partner, Plateau Mineral Development LLC, announced today that the company has appointed William Strange as President, effective immediately.


Related Quotes
Symbol Price Change
PMDP.PK 0.00 0.00


{"s" : "pmdp.pk","k" : "c10,l10,p20,t10","o" : "","j" : ""}
William "Bill" Strange has thirty years of experience in the refineries, petro-chemical, and oil field. He is well-versed in bio-remediation, pipefitting and fabrication, process troubleshooting and construction management. Mr. Strange was employed for more than ten years by Raines Contractors in Galena Park, Texas, where he served as construction manager and marketing director, whilst heading the bio-remediation department. He supervised daily operations, implemented safety programs, initiated business development projects, and took part in contract negotiations. Principally, he acted as chief negotiator between the company and Chevron. Presently, Mr. Strange acts as a consultant for Jarrell Welding and Fabrication where he assists with new business opportunities, participates in construction contract negotiations, and troubleshoots jobs.



William Strange, President elect for Plateau, states, "I am honored to have been chosen for this position and am eager to get started. I believe that a great deal of potential lies within Plateau, and I'm looking forward to taking part in the growth of the company."



About Plateau Mineral Development, Inc.: Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.

Imo this stock should have a great day today. i have looked at the charts and the mac d line is heading north and about to break through the signal line and the stock has become bullish. these are good indications that the stock should have a good week!! hope all your stocks are in the green and thanks for reading!!!

Radar has been all over this group... PMDP has been stacking bids all day long, seems their news generates positive feedback, shes up 11%, RSI is @ an upward trend, MACD is traveling along side the signal, been rumor of more news either today at close or late in week!

Plateau Mineral Development, Inc. Introduces the Hydrocarbon Decomposition Process Used for 'Heavy Oil' Reclamation
Press Release
Source: Plateau Mineral Development, Inc.
On 6:05 pm EST, Thursday December 10, 2009
WINSTON-SALEM, N.C., Dec. 10 /PRNewswire-FirstCall/ -- Plateau Mineral Development, Inc. (Pink Sheets: PMDP - News), along with its partner, EnSol, LLC, announced yesterday that the firm has been given a Letter of Intent (LOI) from Hansen Consulting to joint venture the production and lifting of "heavy crude" oil. The Hydrocarbon Decomposition (HD) Process created by Mr. William Strange, current President of PMD, creates a "solvent" that facilitates the "lifting" of heavy crude oil previously uneconomical. Application of the "solvent" reduces the friction, API gravity and viscosity of the oil causing the oil to flow freely in the wellbore. Tests have shown remarkable results. More than 30 million known barrels of oil in proven reserves are available and currently cost prohibitive.

The Hydrocarbon Decomposition (HD) Process creates gas, oil, carbon black and solvents. The feed stock is used tires. There are about 300 million tires thrown away every year. One used tire weighs on the average 22.5 pounds and contains two gallons of fuel as well as other chemicals. The HD process also has as a byproduct solvent which is used as cutting oil for drill bits, drag reducer for pipeline and as an Asphaltene cutter. Well operators have found that the solvent breaks down paraffin which impedes the flow of oil and gas. The ordinary well maintenance to clear paraffin and "clean" the bore costs roughly $3,000 to $10,000; HD solvent does the job for about $200 and saves down time.

An initial investment of about $300,000 to build a functional bench model will be used in production to create approximately $2,252,838 in revenue after six months. The mobile version can be transported in a full sized pickup truck. It will produce approximately 500 gallons in a 24 hour period. Initially several wells will be chosen with different depths, porosity, paraffin content, permeability, API gravity, and Asphaltenes content.

Plateau's President, Bill Strange states, "Pumping 3,000 barrels a day will produce approximately $28 million in revenue annually to the joint venture. We are ready to roll forward to capitalize on the opportunities before us."

About Plateau Mineral Development, Inc.: Plateau Mineral Development, Inc. specializes in the exploration and development of energy sources. Its partner, Plateau Mineral Development LLC, has been in existence for over five years with successful new wells and rework wells selling both gas and oil.

They have been strong all last week, and coming out swinging this week!!!
PMDP - SharpCharts Workbench : StockCharts.com

currently down, consider a play you may....

Pick Responsibly!!

Good morning traders,

PMDP - SharpCharts Workbench : StockCharts.com

PMDP is in high demand at the moment!

Get ahead in the day, know your picks from start to finish.

Looks like PMDP has started its reversal off its .0006 bottom. Chart looks very promising.

PMDP known to rally at the begining of week, expect to see exceptional price appreciation throughout the day!

Enjoy the New Year!

Plateau Mineral Development, Inc. Issues an Update on the Converter Project
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Tuesday January 5, 2010, 4:06 pm

WINSTON-SALEM, N.C., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.



The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.



A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.



Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."

Sounds good to me, great day PMDP had, congrats to all who made a play early! Expect to see more from Robert Matthews and the leaders of Plateau Mineral Dev. Inc. I wouldnt be surprised to see pre-buys to roll in tomorrow morning.

Plateau Mineral Development, Inc. Provides an Outline on Uses for Products of the Converter
.Companies:Plateau Mineral Development, Inc..Press Release Source: Plateau Mineral Development Inc. On Wednesday January 6, 2010, 11:14 am EST

WINSTON-SALEM, N.C., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has issued a statement providing a pro-forma outline on the monetary benefits of solvent, which represents forty-six percent (46%) of the output. Other products of the converter will serve to greatly improve the profit margins of the tire converter.



Plateau's converter will generate solvent, carbon black and enough natural gas to operate in remote sites without additional power. The proposed unit is capable of processing approximately 6.25 lbs. of total product per minute.



At 6.25 lbs. per minute, 3,000 lbs. per 8-hour work day can be generated and transformed into approximately 7 gallons of solvent which sells for approximately $40/gallon, generating $7885.60 in revenue per day, which can lead to $157,712 per month. Additionally, solvent can be used to dissolve paraffin and to reduce the viscosity of heavy oils.



The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity. Carbon black sells for approximately $0.46 per pound and is not included in the pro-forma above for the solvent.



Robert Matthews of Plateau Mineral Development, Inc. states, "We find that there's clearly a great profitability when it comes to the end products of the converter. Solvent, carbon black and natural gas are three items with high demand in the marketplace