Foothills Exploration Inc (FTXP)

[FTMan]

Again from the DD :

Estimated herein are net natural gas reserves for Foothills Exploration interests in the Point of Rocks, South Black Rock, and Deadman Wash gas fields, all located in Sweetwater County, Wyoming (Figure 1). The 22 producing wells and 3 recompletions considered here target various intervals of the Second Frontier Formation with the exception of one well. The South Black Rock 43-15 is completed in the Frontier, Muddy, and Dakota intervals. 18 of the 22 producing wells are located in the Point of Rocks field, 3 are in the South Black Rock field, and 1 well is in the Deadman Wash field. First reported production among the 22 wells,from the Shiprock Federal 34-1R in the Point of Rocks field, was in 2002, followed by first reported production from the majority of the wells in 2006, 2007, and 2008. As of May 2019, the most recent date for which public data are available, 18 of the 22 wells are on production with average rates of 97 mcfd of gas and 1 bpd of water. Cumulative gas recovery through May 2019 is 11.256 bcf.


Woody73z Wednesday, 12/11/19 08:16:56 PM
Re: MightyBull post# 1574 0
Post # of 1579

It’s not.... they have 1.9 billion mcf is reserves but I don’t know if that’s in the acres they own or that shale play itself.