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Sunday, 04/02/2017 2:24:31 PM

Sunday, April 02, 2017 2:24:31 PM

Post# of 244617
FNRC Cheap The Company is in discussions to raise $25-30 million dollars for the announced acquisitions and for these and others that are planned. We are striving to become a fully reporting Company and achieve listing on a nationally recognized exchange. Our major concern right now is cash flow and completion of our targeted acquisitions which would mitigate that concern.
The company had plans to bring the Clabaugh Ranch field in Wyoming back into production Q1 2017, however we are still in discussions on the overall financing of the Company which have delayed our ability to bring the field back online. As part of our financing, we plan to acquire the other 42% of the working interest in the field.

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