Foothills Exploration Inc. , an independent oil and gas exploration company engaged in the acquisition and development of oil and natural gas properties in the Rockies today announced that it has completed the acquisition of upstream assets located in the Greater Green River Basin from an undisclosed seller. The acquired assets are located in Wyoming and include 22 natural gas wells situated on approximately 18,214 gross [...]
Foothills Exploration Inc., an independent oil and gas exploration company engaged in the acquisition and development of natural gas and oil properties in the Rockies today announced the formation of an independent Board of Advisors and the appointment of Daniel Kunz as its inaugural member. “We believe that Mr. Kunz’s extensive public company experience and his knowledge of the natural resources industry [...]
Foothills Exploration Inc. today announced that the Company will further its contrarian investment thesis by focusing on natural gas weighted properties at attractive valuations. While the Company will focus on undervalued natural gas properties, oil assets, which also fit the Company’s acquisition criteria, will continue to be evaluated as well. Unlocking Value in the Rockies In 2019, the Company plans to continue [...]
Foothills Exploration engaged in the acquisition and development of oil and gas properties in the Rockies today announced that it has entered into a confidential Memorandum of Understanding with an undisclosed seller to acquire approximately 22,598 gross acres of natural gas producing properties in the Western Piceance Basin. The properties have about 80 wells that come with existing infrastructure, of which 30 are [...]
NEW YORK, NY / ACCESSWIRE / March 27, 2018 / Foothills Exploration Inc. will be presenting at this year's MicroCap Conference on April 9th and 10th in New York City. CONFERENCE OVERVIEW AND STRUCTURE The MicroCap Conference is an exclusive event for investors who specialize in small and microcap stocks. It is an opportunity to be introduced to and speak with management at some of the most attractive small companies, learn [...]
Foothills Exploration is pleased to provide this update on the successful drilling, completion and flow testing of the Stagecoach 117-20H well that produces commercial quantities of natural gas. The Stagecoach 117-20H is the second well drilled and operated by EOG Resources in which Foothills owns a 21% working interest. The well has been online for over 60 days producing natural gas. The well has been classified by EOG [...]
Foothills Exploration reported today the successful drilling, completion and flow testing of the Stagecoach 111-20H horizontal well, now producing natural gas in commercial quantities. The Stagecoach 111-20H well is operated by EOG Resources and Foothills owns 21% Working Interest in the well. The well has been online for over 30 days and production tubing is expected to be set in the near term. The well has been [...]
Foothills Exploration today announced that it has received a bridge loan from FirstFire Global Opportunities Fund, LLC. The Bridge Loan is structured as a Convertible Note in the principal amount of $267,500, bearing interest at 8% per year, with a term of nine months. In connection with the bridge loan, the Company issued to FirstFire 60,000 shares of restricted common stock and warrants to purchase 267,500 shares of [...]
Foothills Exploration today announced the acquisition of 21% working interest in two horizontal gas wells in the Uinta Basin from an undisclosed party. Both wells will be operated by EOG Resources. The Stagecoach 111-20H was spudded on September 15, 2017, and is currently still drilling and the second well was recently spudded. Both wells have been classified as confidential with the State of Utah Division of Oil, Gas and [...]
Foothills Exploratio announced today that Christopher Jarvis, the Company’s Executive Vice President of Finance, will be a featured presenter at the MicroCap Conference on Thursday, October 5, 2017, at 3:00 PM Eastern Time. The conference is being held at the Essex House in New York City. Kevin J. Sylla, the Company’s Executive Chairman, will also attend and management will be available for one-on-one meetings [...]
DENVER, CO--(Marketwired - Sep 25, 2017) - Foothills Exploration, Inc. (OTCQB: FTXP) (the "Company" or "FTXP"), an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies, announced today that Christopher Jarvis, Executive Vice President of Finance, will be a featured presenter at the Third Annual Robins Equity Research Roundup Conference, presented [...]
DENVER, Feb. 21, 2017 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTCQB:FTXP) (the “Company” or “Foothills”), an independent oil and gas exploration and production company engaged in the acquisition and development of properties in the Rockies and Gulf Coast, today announced that since acquiring Tiger Energy Partners International on December 30, 2016, the Company has successfully reworked two [...]