SureTrader SureTrader
Home > Boards > US OTC > Oil/Gas/Natural Energy Production >

1st NRG Corp (FNRC)

FNRC RSS Feed
Add FNRC Price Alert      Hide Sticky   Hide Intro
Moderator: GoldenDD, Prince Goro, badbadbad
Search This Board:
Last Post: 12/3/2016 12:35:29 PM - Followers: 147 - Board type: Free - Posts Today: 0

 

Resultado de imagen para <a href=http://1stnrg-corp.com/"="" rel="nofollow" target="_blank">http://1stnrg-corp.com/" src="http://emerginggrowth.com/wp-content/uploads/2016/08/FNRC-Picture-Logo.png">
 

1st NRG Corp. (OTCBB: FNRC.PK) is an exploration and production company engaged in the development of natural gas producing properties in the Powder River Basin of Wyoming. Headquartered in Denver, Colorado, our activity has been centered upon the 
development of coal bed methane reserves where we hold a working interest in 42 producing wells, 1 permitted location and 2,821 undeveloped acres. The undeveloped acreage could be permitted for 35 locations which are characterized by what we believe to be low geologic risk, a repeatable development opportunity and are offsetting wells which all demonstrated developed coal seams in the Schwartz, Anderson, Canyon, Cook and Wall formations.
 
Clabaugh Ranch

 

1st NRG Corp. (OTCBB: FNRC) is an exploration and production company engaged in the development of natural gas producing properties in the Powder River Basin of Wyoming. Headquartered in Denver, Colorado, our activity has been centered upon the development of coal bed methane reserves where we hold a working interest in 42 producing wells, 1 permitted location and 2,821 undeveloped acres. We acquired our interest in October 2010 and the 42 wells which currently make up the field are shut in. The undeveloped acreage could be permitted for 35 locations which are characterized by what we believe to be low geologic risk, a repeatable development opportunity and are offsetting wells which all demonstrated developed coal seams in the Schwartz, Anderson, Canyon, Cook and Wall formations.The Powder River Basin is a major source of coal bed methane  - clean natural gas.  
These shallow locations are approximately 1,900 feet in depth, and characterized by what we believe to be low geologic risk and a repeatable development opportunity. The operations offset existing wells, all of which have developed coal seams in the Schwartz, Anderson, Canyon, Cook and Wall formations.
 
 Pursuant to approval from the Wyoming Oil and Gas Commission (the “WOGC”), natural gas production is commingled from three coals in the producing wells: the Schwartz, Upper and Lower Smith, and the Wyodak/Anderson Lower. When water levels from these coal seams subside, we intend to perforate other behind pipe coal seams and begin producing from those coals as well. Using the same well bores and capital equipment (pumps, electricity, water and natural gas gathering systems) will result in lower total development costs per Mcf for the properties. We also expect cumulative recovery by simultaneous multiple seam production to be greater than single seam production and result in lower per Mcf operating costs and longer well lives. 

The coal seams in the Powder River Basin that are targeted have been extensively mapped as a result of a variety of natural resource developments that have occurred in the region. Industry data from many wellbores drilled by others allows us to determine the extent, thickness, gas saturation, formation pressure and relative permeability of the coal seams. This reduces (but does not entirely eliminate) the risk of drilling unproductive wells.

Resultado de imagen para <a href=http://1stnrg-corp.com/"="" rel="nofollow" target="_blank">http://1stnrg-corp.com/" src="http://emerginggrowth.com/wp-content/uploads/2016/08/Methane.jpg" style="float:left; height:233px; margin:3px; width:350px">


1st NRG Corp. (OTC Pink: FNRC) Keeping Costs Low by Utilizing Cleaner, Coalbed Methane, and Less Drilling – Thousands of Acreage Still Unexplored

 

The energy markets have continued to face volatile price movements throughout 2016. Natural gas prices have managed to recover after a steep sell off across the financial markets which led investors to dump risky investments and turning to safe havens. Given the miserable last few years the energy sector has faced and lousy  beginning of 2016; it appeared the energy bears could not give up control.

After seeing the price of natural gas dip below $2.00 MMBTUs in early March 2016, the price of gas has since rallied back to $2.822 MMBTUs and post year to date gains of 3.37% through August 2016. Most of the rally in natural gas could be attributed to the above-average heat wave that has largely effected the United States this summer. In addition, the production decline of 3% since February 2016, has also aided the bullish move. In fact, the U.S. Energy Information Administration released a gas inventory report on August 4, 2016 that showed natural gas storage shrank by 6 billion cubic feet, through the week of July 29th. This marked the first summer drawdown in natural gas storage since August 4, 2006.

 



 


 

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
FNRC
Current Price
Volume:
Bid Ask Day's Range
SureTrader
PostSubject
#11640   How do you breathe with all the hot alsteps 12/03/16 12:35:29 PM
#11639   How du it feel to get bid wacked BEIJING BILL 12/02/16 08:26:29 PM
#11638   10.5m bid get wacked out again. Non stop BEIJING BILL 12/02/16 08:25:56 PM
#11637   You just buy the stock, pretty simple. Open alsteps 12/01/16 11:11:34 PM
#11636   vhen insider gets shares at quadruple 1 .00001 BEIJING BILL 12/01/16 10:07:11 PM
#11635   aka bid wacking. BEIJING BILL 12/01/16 10:05:54 PM
#11634   Dilution? nickeli54 12/01/16 09:54:36 PM
#11633   Insiders dumping. Halt koming soon. BEIJING BILL 12/01/16 09:20:30 PM
#11632   Insiders goin to get gongd here soon. BEIJING BILL 12/01/16 09:19:36 PM
#11631   How does it feel to get wacked? BEIJING BILL 12/01/16 09:17:50 PM
#11630   More bidvacking todey. Jokesteez BEIJING BILL 12/01/16 09:16:58 PM
#11629   Dumpity dump dump. BEIJING BILL 11/30/16 08:00:11 PM
#11628   P.I.G p o p p a going for BEIJING BILL 11/30/16 07:59:17 PM
#11627   stey awy from this diluted pig. BEIJING BILL 11/30/16 04:11:04 PM
#11626   tell mangement to stop seking. 10 mil bid BEIJING BILL 11/30/16 04:10:23 PM
#11625   Simple, News is always going to come along alsteps 11/30/16 01:22:36 PM
#11624   How do we know? TIA ksuave 11/30/16 12:58:03 PM
#11623   well I don't know it it is tomorrow, alsteps 11/30/16 12:43:45 PM
#11622   I'm with you . Definite news coming alsteps 11/30/16 02:40:56 AM
#11621   Big news tomorrow at 8am. Go FNRC Sil 11/29/16 11:05:21 PM
#11620   if they listen this kould of been a BEIJING BILL 11/29/16 09:29:49 PM
#11619   Authorized Shares 20,000,000,000 a/o Nov 11, 2016 BEIJING BILL 11/29/16 09:28:16 PM
#11618   these guys have something coming down their throats soon BEIJING BILL 11/29/16 09:25:34 PM
#11617   these guys have something coming down their throats soon BEIJING BILL 11/29/16 09:25:34 PM
#11616   fraudsters lined up pockets with crezy share struture BEIJING BILL 11/29/16 09:25:07 PM
#11615   Dilted pig oikn oink oink BEIJING BILL 11/29/16 09:24:08 PM
#11614   They did say they were working hard in ksuave 11/29/16 06:22:35 PM
#11613   They did say they were working hard in alsteps 11/29/16 06:13:04 PM
#11612   Well at least the incoming Administration has a The_Edge 11/29/16 04:42:58 PM
#11611   I'm awaiting the positive news on production, revenue alsteps 11/29/16 04:33:51 PM
#11610   Could you be so kind and give us Sil 11/29/16 05:50:40 AM
#11609   Tomorrow, is the start. One way or another alsteps 11/28/16 02:23:41 AM
#11608   Watch what happens in the next qeek?? alsteps 11/23/16 02:50:45 PM
#11607   pos trash co here. cary on BEIJING BILL 11/22/16 10:50:36 PM
#11606   unles yu are a fortune teller and can BEIJING BILL 11/22/16 10:49:50 PM
#11605   to be rich is more than monetary assets Sil 11/22/16 10:25:30 PM
#11604   Scam dumpers involved here. No buy BEIJING BILL 11/22/16 07:58:26 PM
#11603   Yu said it DUMPEd chee chee chee BEIJING BILL 11/22/16 07:57:50 PM
#11602   Let's hope so, bring it on !!!! alsteps 11/22/16 05:33:59 PM
#11601   Big news tomorrow at 8am. Go FNRC Sil 11/22/16 04:40:40 PM
#11600   So why are you here, picking up more alsteps 11/22/16 02:27:03 AM
#11599   Because he is dumping everyday stok. BEIJING BILL 11/21/16 06:03:49 PM
#11598   Why would you say that when there is alsteps 11/21/16 05:39:33 PM
#11597   no bid koming soon - la cucuracha la BEIJING BILL 11/21/16 01:01:00 PM
#11596   Can we sticky this little bit of recent nickeli54 11/20/16 09:12:56 PM
#11595   DENVER, CO--(Marketwired - Nov 3, 2016) - 1st nickeli54 11/20/16 09:01:04 PM
#11594   yessir badbadbad 11/17/16 04:59:40 PM
#11593   i have a feeling we are on a alsteps 11/17/16 09:25:23 AM
#11592   I grabbed a million at .0005, this thing Stockssss 11/16/16 08:26:52 PM
#11591   Nice volume today!! nickeli54 11/16/16 06:52:55 PM
PostSubject