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1st NRG Corp (FNRC)

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Last Post: 6/18/2018 4:41:45 PM - Followers: 255 - 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
#19781   At the volume of shares traded today, it alsteps 06/18/18 04:41:45 PM
#19780   Let’s hit $1 this year. ezbnsteve 06/18/18 01:06:54 PM
#19779   Natural gas is a cleaner energy source than cnote420 06/18/18 12:09:57 PM
#19778   OK here's number 2......let's go FNRC jet101 06/18/18 10:39:21 AM
#19777   Well let’s see how many posts today we get. alsteps 06/18/18 12:37:25 AM
#19776   3 posts are better than 1!! cnote420 06/16/18 06:06:49 PM
#19775   I like it!! cnote420 06/16/18 06:06:20 PM
#19774   That's his routine post's. cnote420 06/16/18 06:05:53 PM
#19773   Why do you say that? alsteps 06/16/18 05:57:44 PM
#19772   I paid .0001 TRUSTUNITS1000000 06/15/18 06:29:30 PM
#19771   getting interesting around here TRUSTUNITS1000000 06/15/18 06:29:08 PM
#19770   LOL Maybe they come across a huge find TRUSTUNITS1000000 06/15/18 06:28:50 PM
#19769   Sorry correction on share price. CHK is at $4.74 alsteps 06/14/18 08:05:45 PM
#19768   Is that Chesapeake Energy Corporation? If so they alsteps 06/14/18 08:00:55 PM
#19767   Only brokers can buy under .0001 but yeah, cnote420 06/14/18 07:44:56 PM
#19766   Well seeing the market is closed at this Rtroutt79 06/14/18 07:22:54 PM
#19765   And why can't I buy shares for .00001, Thundercock 06/14/18 07:18:16 PM
#19763   interesting around here TRUSTUNITS1000000 06/14/18 06:09:17 PM
#19762   I paid .0001 and should have sold at .0002 TRUSTUNITS1000000 06/14/18 06:09:05 PM
#19761   great TRUSTUNITS1000000 06/14/18 06:08:27 PM
#19760   Once the sanctions are lifted goforit1 06/14/18 06:33:16 AM
#19759   Maybe we could send some of natural gas alsteps 06/13/18 10:18:49 PM
#19758   I think we see something being announced in alsteps 06/09/18 05:26:18 PM
#19757   Million dollar wuestion. The tweet was so vague runningsloth 06/07/18 11:23:25 AM
#19756   Good morning! Does anyone know when we can Bmsatnu 06/07/18 09:38:15 AM
#19755   Good morning FNRC! cnote420 06/07/18 08:13:49 AM
#19754   Was it a trading holiday today? For some alsteps 06/06/18 09:35:22 PM
#19744   MMs stuck with ENDLESS 1s they cant get runningsloth 06/05/18 01:24:19 AM
#19743   You guys hear about the JV? Get current runningsloth 06/05/18 01:23:01 AM
#19742   Wheres tgere a policy you need to own runningsloth 06/05/18 01:20:02 AM
#19741   LOL!!!!!!! $10 thats 100 BILLION MARKET CAP LOL runningsloth 06/05/18 01:16:34 AM
#19740   Why is running moron bitching about FNRC? One S163 06/04/18 07:49:29 PM
#19738   O/S for AP$U is 50 billion and the cnote420 06/04/18 03:35:04 PM
#19737   O/S here is near 10 BILLION that will runningsloth 06/04/18 03:20:18 PM
#19736   Check out the SS on APRU with the cnote420 06/04/18 01:24:33 PM
#19735   Just joking. This could possibly have a small runningsloth 06/04/18 11:56:17 AM
#19734   You think it's bullish huh? Ok, I'll go cnote420 06/04/18 11:47:01 AM
#19733   No bid and 51m 1s yeah that is bullish runningsloth 06/04/18 11:44:55 AM
#19732   CFGN showing 3s on L2 now. Cool, things cnote420 06/04/18 09:47:55 AM
#19731   Hey the 1s are looking thinner today. Nice. cnote420 06/04/18 09:32:54 AM
#19730   Good morning. Let's have an FNRC break out cnote420 06/04/18 09:19:31 AM
#19729   Good Morning FNRC. ezbnsteve 06/04/18 06:11:11 AM
#19728   No bid junk pumpers trying to dump their runningsloth 06/01/18 11:08:22 PM
#19727   Your right, bankruptcy is brewing runningsloth 06/01/18 10:56:19 PM
#19726   Nothing is brewing its freaking dead. Look at runningsloth 06/01/18 10:55:17 PM
#19725   You said that for what over a year? LOL!!!! runningsloth 06/01/18 10:53:54 PM
#19724   To the investors who are crying about nothing Engineer in Colorado 06/01/18 04:03:41 PM
#19723   Hello FNRC, just back from a vacation and goforit1 05/31/18 08:28:42 AM
#19722   Sounds great!! Bring the new FNRC!! cnote420 05/30/18 10:58:55 PM
#19721   Yes, it is code for something is brewing alsteps 05/30/18 09:09:15 PM