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(OTC:PRRY) Planet Resource Recovery, Inc. just released some important news.

Publication: M2 Presswire
Publication Date: 30-JUN-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 June 2008-Stockwire.com: (OTC:PRRY) Planet Resource Recovery, Inc. just released some important news.(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:30062008

(OTC:PRRY) Planet Resource Recovery, Inc. - Planet Resource Recovery, Inc's Oil Recovery Ventures Enters into Negotiations to Acquire

A dedicated Chat Room for (OTC:PRRY) Planet Resource Recovery, Inc., has been created at STOCKWIRE.com to discuss this news event.

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(OTC:PRRY) Planet Resource Recovery, Inc.

Monday June 30, 7:00 am ET

HOUSTON-Planet Resource Recovery, Inc. , is pleased to announce that the company?s wholly-owned subsidiary, Oil Recovery Ventures, LLC has entered into talks to acquire a working interest in oil production wells west of Houston. The selected wells open a potentially new revenue stream for the company through participation in production utilizing the PetroLuxus family of products for oil well formation stimulation and clean up to maximize efficiencies and revitalization in the oil patch. Planet Resource Recovery will issue investor updates on the progression of these negotiations.

Recent deployment of PetroLuxus MMMF and PetroLuxus Well Clean have realized significant increases in oil production. A recent well stimulation in February 2008 has resulted in stabilized increased oil production...

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