Cherubim Interests Inc (CHIT)

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FCEN Joint Venture Exploring Incredible Potential in Powder River Basin

Falcon Crest Energy is a development stage oil and gas exploration and production company working alongside joint-venture partner Evergreen Petroleum to explore oil-bearing formations in Wyoming. The oil and natural gas sector in Wyoming is swelling with opportunity, luring large and small companies to its mountain-stacked plains with promise of brimming reservoirs, especially in the Powder River Basin.

Oil production in the basin has more than doubled in the last five years, according to a recent report from the U.S. Energy Information Agency (EIA), with output growing from 38,000 barrels per day in 2009 to 78,000 per day by the first quarter of 2014.

The growth isn’t news to Falcon Crest or Evergreen Petroleum, which has already conducted and will continue to conduct both regional and local geological studies to define prospects that are worthy of acquiring oil and gas leases in accordance to Falcon Crest’s strategy.

Falcon Crest’s plan is to minimize the risk of exploration through development of proved petroleum reserves and maximize profit through strategic acquisition and liquidation of low risk, high upside properties with substantial exploration potential.

Powder River Basin holds incredible potential for oil and gas companies with the resources to tap into its reserves. Utilizing the latest improvements in oil and gas production technologies, Falcon Crest expects to be among the ranks of basin success stories.

For more information, visit www.FalconCrestEnergy.com