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[The Night Stalker]

FTXP with 21% interest in EOG and the company being unheard of with 36m OS and my guess is 20m float, this catches a spark soon


21% interest in EOG trades on NYSE 69 dollars a share
The Company owns a 21% non-operated working interest in two (2) Uinta Basin horizontal gas wells:  Stagecoach 111-20H and Stagecoach 117-20H.  Both wells have been producing natural gas in commercial quantities since December 2017 and both are operated by EOG Resources, Inc. (NYSE: EOG).  These wells fit with the Company’s overall growth strategy for the Basin and provide Foothills with the ability to gain insight on an emerging horizontal play from a world-class operator. The wells have been classified as Confidential by the operator with the State of Utah Department of Natural Resources Division of Oil, Gas and Mining.


Q1 Highlights:

Foothills reported a 36% increase in revenue to $996,819 during the three months ended March 31, 2019 ("1Q19"), compared to $728,230 for the three months ended March 31, 2018 ("1Q18").
Foothills reported a 34% decrease in losses from operations of $382,789 during 1Q19, compared to $584,425 for 1Q18.
Please see Quarterly Report on Form 10-Q filed with the SEC on May 20, 2019.

End of Year Highlights:

Foothills reported a 1,556% increase in gross revenues to $2,567,438 during the twelve months ending December 31, 2018 (“2018 Fiscal”), compared to $155,161 for the twelve months ending December 31, 2017 ("2017 Fiscal").
Foothills reported a 2,667% increase in net oil and gas production to 398.59 BOE/d during 2018 Fiscal, compared to 14.41 BOE/d for 2017 Fiscal. (~98% natural gas-weighted)
Total operating expenses increased by 30% to $7,276,806 during 2018 Fiscal compared to $5,602,820 during 2017 Fiscal. This includes $2,908,783 for non-cash items of depletion, depreciation, amortization, accretion, and impairment expense.


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