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1st NRG Corp (FNRC)

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Last Post: 8/19/2018 11:41:00 PM - Followers: 251 - 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: 

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  


Phone: 816-256-8561
Email: investorrelations@1stnrg-com

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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PlusOneCoin Top Posts
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#19018  Sticky Note Here is FNRC's twitter page, which has been ezbnsteve 04/16/18 11:54:12 AM
#19918   Will there ever be another pump and dump here?? meteled 08/19/18 11:41:00 PM
#19916   Doesnt drill* runningsloth 08/19/18 02:23:42 AM
#19915   Trump in charge means nothing for this company, runningsloth 08/19/18 02:23:21 AM
#19914   positive huh well trumps still in charge 1oldcowboy 08/17/18 03:09:19 PM
#19913   so is mixed shelf same as split for adom 1oldcowboy 08/17/18 10:35:33 AM
#19912   Lol, you're still watching tho!! Since you would cnote420 08/17/18 09:50:14 AM
#19911   Could very well be underway, my crystal ball floridaboy 08/17/18 05:08:00 AM
#19910   What happened to the JV? LOL! runningsloth 08/17/18 12:40:40 AM
#19909   You guys still junk pumping this? I would runningsloth 08/17/18 12:40:04 AM
#19908   THEY DONT EVEN HARVEST RESORCES!! LOL!!!!!!!!!! runningsloth 08/17/18 12:38:58 AM
#19907   No wait I heard that too......either that or jet101 08/16/18 05:30:02 PM
#19906   Buy it is then. cnote420 08/16/18 05:02:59 PM
#19905   Did anyone else hear?? Wait, now I'm talking cnote420 08/16/18 05:00:56 PM
#19904   what is mixed shelf offering 100m its adom 1oldcowboy 08/16/18 04:58:19 PM
#19903   I have to agree with you on that. ezbnsteve 08/16/18 04:57:03 PM
#19902   Would it be weird if I heard the cnote420 08/16/18 04:54:22 PM
#19901   I heard a rumor about huge profits thanks ezbnsteve 08/16/18 04:09:42 PM
#19900   You can't go wrong at .0001 TRUSTUNITS1000000 08/14/18 06:19:20 PM
#19899   This is getting interesting. TRUSTUNITS1000000 08/14/18 06:19:08 PM
#19898   Finally some shares traded?? alsteps 08/14/18 02:59:05 PM
#19897   I agree. It is a matter of time. alsteps 08/10/18 12:33:41 AM
#19896   Sure, that would be cool! The company was cnote420 08/08/18 08:46:18 PM
#19895   I was hoping in the absence of real ezbnsteve 08/08/18 08:43:04 PM
#19894   I'll try...cmon good news, you can do it! cnote420 08/08/18 08:15:52 PM
#19893   This should be at .0005, easily, minimum , TRUSTUNITS1000000 08/08/18 07:16:28 PM
#19892   Someone needs to encourage some good news here. ezbnsteve 08/08/18 10:07:54 AM
#19891   Right on, a good lesson for sure! It's cnote420 08/07/18 07:01:21 PM
#19890   yeah 10000000 -.0001 =1000$ dont need it back 1oldcowboy 08/07/18 05:02:55 PM
#19889   Lol I wish bud, otherwise I would load runningsloth 08/07/18 11:48:02 AM
#19888   Did you buy 1s? cnote420 08/07/18 01:20:07 AM
#19887   stuck here cant sell 1oldcowboy 08/07/18 12:22:28 AM
#19886   stuck here cant sell 1oldcowboy 08/07/18 12:22:26 AM
#19885   Oh my gosh, you are back again. Very strange alsteps 08/06/18 11:51:13 PM
#19884   You guys still pumping this? Its dead as runningsloth 08/06/18 11:19:02 PM
#19883   This has nothing to do with this stock runningsloth 08/06/18 11:17:01 PM
#19882   1k volume “high” LOL! runningsloth 08/06/18 11:15:58 PM
#19881   No its no bid, 0 volume ticker no runningsloth 08/06/18 11:15:40 PM
#19880   is there a light in this tunnel 1oldcowboy 08/06/18 05:37:24 PM
#19879 cnote420 08/05/18 08:55:44 PM
#19878   LOL best laugh I have had all day runningsloth 08/05/18 07:40:47 PM
#19877   Well said. No one has ever said it cnote420 08/03/18 06:47:15 PM
#19876   Until they can share something thoroughly positive, unfortunately floridaboy 08/03/18 05:58:54 PM
#19875   This should be at least .0005 TRUSTUNITS1000000 08/03/18 05:56:36 PM
#19874   I feel we are siting on billions JMO TRUSTUNITS1000000 08/03/18 05:56:24 PM
#19873   They should drill TRUSTUNITS1000000 08/03/18 05:56:05 PM
#19872   If you do some research, he has been alsteps 08/03/18 03:49:35 PM
#19871   Why do you say that? AUDIO GUY 08/03/18 08:44:58 AM
#19870   It appears that Brad is or has been alsteps 08/02/18 09:55:50 PM
#19869   I sent an email about 3 weeks ago, alsteps 08/02/18 09:21:26 PM
#19868   I tried to reach Brad but his phone cancersucks 08/01/18 04:19:29 PM