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1st NRG Corp (FNRC)

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Last Post: 12/4/2018 7:45:47 PM - Followers: 254 - Board type: Free - Posts Today: 0

1st NRG Corp. 
Business Description

1st NRG Corp. (OTCBB: FNRC.PK) is an exploration and production company headquartered in Denver, Colorado. Our activity has been centered upon the development of coal bed methane reserves in Wyoming where through our wholly owned subsidiary operate and hold a working interest in 43 producing wells and 3,018 undeveloped acres. The undeveloped acreage could be permitted for up to 36 additional 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. 

In 2014 we expanded our activities into a development of acreage in SE Ohio encompassing approximately 7,000 acres. We hold a 35% working interest in a development well where we are proceeding in the completion of the Beekmantown Dolomite. We currently hold 100% of the offset development rights.Conasauga and Beekmantown formations in Ohio.

The Company has recently taken over operations in Wyoming where we hold interests in 43 wells and 2,821 undeveloped acres.
The undeveloped acreage within the field 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.

 
$FNRC Recent News: 1st NRG Corp Announces LOI for over 600 Wells and Gives Corporate Update: 
https://finance.yahoo.com/news/1st-nrg-corp-announces-loi-133000248.html 

DENVER, CO--(Marketwired - Jan 25, 2017) - 1st NRG Corp. ( OTC PINK : FNRC ), an exploration and production company headquartered in Denver, Colorado, has issued its monthly corporate update to shareholders on the Company's progress. 

The Company has entered into a Letter of Intent to purchase over 600 coal bed methane wells through its wholly owned subsidiary 1st NRG Wyoming. These wells were producing over 2,500 mcfd prior to being shut in and we are currently negotiating the purchase and sale agreement. 

In November, the company announced the potential acquisition of a natural gas gathering system. The system covers over 364 miles and gives the Company access to over 100,000 acres of potential development. We are negotiating the purchase and sale agreement right now and hope to close in Q1 2017. 

The Company expanded its activities into Ohio participating in a development of prospective acreage encompassing approximately 7,000 acres. In 2014, a vertical test well was drilled, logged, cored and cased to a depth of approximately 7,620 feet, testing the Utica Shale but ultimately completed in the Beekmantown Dolomite. The well has been acidized and pumping equipment has been installed, we estimate our share of reserves to be 251 MCFE and production to begin January 2017 weather permitting. 

The Company plans to bring the Clabaugh Ranch field in Wyoming back into production Q1 2017 where we estimate our reserves at Clabaugh Ranch to be approximately 18.7 BCF. 

The Company is in discussions to raise $25-30 million dollars for the announced acquisitions and for these and others that are planned. 
 
Contact Info

1550 Larimer Street, Suite 469, Denver, Colorado 80202, United States  

816-256-8561

Website: http://1stnrg-corp.com
Phone: 816-256-8561
Email: investorrelations@1stnrg-com


     
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FNRC Security Details
Share Structure
  Market Value1 $2,299,328 a/o Feb 01, 2017
  Authorized Shares 20,000,000,000 a/o Nov 11, 2016
  Outstanding Shares 5,748,319,880 a/o Nov 11, 2016
  -Restricted Not Available
  -Unrestricted Not Available
  Held at DTC Not Available
  Float 747,569,685 a/o Nov 11, 2016

 



 


 



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PostSubject
#20265  Sticky Note knorris@1stnrg-corp.com to whoever wants to email management so runningsloth 12/02/18 12:55:31 PM
#19018  Sticky Note Here is FNRC's twitter page, which has been ezbnsteve 04/16/18 11:54:12 AM
#20289   Same here and the one on the web goforit1 12/04/18 07:45:47 PM
#20288   The one to Norris bounced, the other alsteps 12/04/18 06:46:17 PM
#20287   Tell him you are a fairly large shareholder runningsloth 12/04/18 05:30:36 PM
#20286   Did it kick back the email or did runningsloth 12/04/18 05:28:08 PM
#20285   Thanks, but no problem -I'm thinking a pump around goforit1 12/04/18 05:13:40 PM
#20284   Looking forward to it, I wonder if I alsteps 12/04/18 05:00:58 PM
#20283   Ouch, sorry man total bummer. If it makes runningsloth 12/04/18 04:01:16 PM
#20282   Go ahead, management is pretty reliable LOL. GL runningsloth 12/04/18 03:59:33 PM
#20281   so me with my 75 mil shares sit goforit1 12/04/18 03:48:18 PM
#20280   With this puppy, it is hard to verify goforit1 12/04/18 03:47:48 PM
#20279   It's not that I don't believe you, I goforit1 12/04/18 03:46:10 PM
#20278   "we have over 6,000 acres under lease with runningsloth 12/04/18 12:36:12 PM
#20277   I have no reason to lie, theres almost runningsloth 12/04/18 12:33:28 PM
#20276   Here is a chunk of the email runningsloth 12/04/18 12:32:06 PM
#20275   1 minute let me double check the address runningsloth 12/04/18 12:25:32 PM
#20274   Engineer in Colorado wasn't pumping the JV. Just cnote420 12/03/18 01:49:00 PM
#20273   I believe runningsloth’s comment’s have been correct right earl34 12/03/18 12:36:19 PM
#20272   This is strange?? I got: goforit1 12/02/18 09:01:19 PM
#20271   Interesting take!! Certainly wouldn't passed em. cnote420 12/02/18 01:44:56 PM
#20270   Or it was managements account to use for runningsloth 12/02/18 01:27:48 PM
#20269   Looks like engineer got out on the JV cnote420 12/02/18 01:23:24 PM
#20268   What ever happened to engineer in colorado, hmmmm runningsloth 12/02/18 01:09:44 PM
#20267   IMO management was on here pumping earlier this runningsloth 12/02/18 01:02:21 PM
#20266   What motive do I have to lie, its runningsloth 12/02/18 01:00:44 PM
#20265   knorris@1stnrg-corp.com to whoever wants to email management so runningsloth 12/02/18 12:55:31 PM
#20264   knorris@1stnrg-corp.com >> What?! LOL! I am the runningsloth 12/02/18 12:54:05 PM
#20263   If you can care less it means you cnote420 12/02/18 12:31:49 PM
#20262   You brought the disrespect to this board first cnote420 12/02/18 12:28:41 PM
#20261   Did the email bounce back? If it didn't runningsloth 12/02/18 09:53:23 AM
#20260   I can care less. Their email works. Why runningsloth 12/02/18 09:50:57 AM
#20259   Lol why would I post that, I have runningsloth 12/02/18 09:49:57 AM
#20258   I have emailed to several different company/personal emails, goforit1 12/02/18 09:16:16 AM
#20257   It is very simple, would you post your alsteps 12/02/18 04:00:19 AM
#20256   Are you a moderator on this stick board? alsteps 12/02/18 02:16:59 AM
#20255   I am having a hard time understanding what runningsloth 12/01/18 11:09:32 PM
#20254   I emailed them 3 weeks ago and had alsteps 12/01/18 11:05:13 PM
#20253   Hint, otcmarkets website runningsloth 12/01/18 10:52:41 PM
#20252   LMAO, you guys never realized they have an runningsloth 12/01/18 10:48:51 PM
#20251   Runningsloth, how come you can talk to management alsteps 12/01/18 10:11:13 PM
#20250   I talked to management, they told me essentially runningsloth 11/30/18 09:27:06 PM
#20249   He's a mod and each mod gets 1 cnote420 11/30/18 08:28:20 PM
#20248   Why is this pinned? Not informational at all. dreday1 11/30/18 08:06:39 PM
#20247   The exact same is happening on another stick alsteps 11/27/18 04:22:27 PM
#20246   FNRC might need a diaper cnote420 11/27/18 02:40:39 PM
#20245   You are correct, 22 more than the other alsteps 11/27/18 01:53:21 PM
#20244   Shares are flying today yal!!! 23 shares to cnote420 11/27/18 12:24:44 PM
#20243   R.I.P FNRC Nat gas is irrelevant to this runningsloth 11/24/18 03:27:14 PM
#20242   Natural Gas back at $4.50 and expected to alsteps 11/23/18 07:14:58 PM
#20241   LOL, thats the whales runningsloth 11/22/18 12:28:00 PM
#20240   Management told me they have xxx wells this runningsloth 11/22/18 12:24:59 PM
PostSubject