1st NRG Corp (FNRC)

[Turkish_Master]

All things point north with this stock. The commodity prices in Natural Gas is up 60% from $2.5 per McF to $3.984 per McF, and Crude Oil prices are up 25% from its July 2012 low's of $78 per barrel to the current value of $96.76.

The Company has total assets of $17,359,754 vs. total liabilities of $6,431,976 as of September 30, 2012.

"Depressed commodity prices have resulted in a number of the wells in which we hold an interest to be shut in until economic conditions improve"

The above reflects the companies intent to open up wells as commodity prices improve, expect this to happen soon as we have seen an uptrend in the commodity prices as reflected above.

The current holding of the company is as noted:

CBM – Northern Wyoming:
The Clabaugh Ranch field has had 42 wells drilled through September 30, 2012 with a success rate of 100%. Our
drilling inventory consists of 8 permitted well locations and 28 future locations, all of which are CBM resource
opportunities. We believe there is sufficient long-term pipeline takeaway capacity to accommodate our existing
production.

Bakken/Three Forks:
Our working interest
will be 12.5% (10% net). The initial test well is scheduled to be drilled prior to year end 2012. USGS estimates in
2008 of recoverable oil in the formation beneath Western North Dakota, Eastern Montana and into Canada were as
much as 4.3 billion barrels of oil.

In the four years since, new drilling and completion techniques have some
industry participants estimating the resource to hold 20 billion barrels of oil and 4 Bcf of natural gas.

Utica Shale – Eastern Ohio:
We are also finalizing agreements to develop approximately 7,150 acres in Eastern Ohio, one of the most active
areas for oil, natural gas and natural gas liquids exploration in the United States. Recently the Ohio Department of
Natural Resources released estimates of the possible Utica-Point Pleasant recoverable reserve potential in Ohio to be
between 3.75 to 15.7 trillion cubic feet of natural gas and 1.3 to 5.5 billion barrels of oil. Recently the USGS
released its first estimates of the reserve potential of the Utica Shale to be about 38 trillion cubic feet of
undiscovered, recoverable natural gas, 940 million barrels of oil and 9 million barrels of natural gas liquids. The
USGS estimates included part of Maryland, New York, Ohio, Pennsylvania, Virginia, and West Virginia.

Niobrara Shale – Western Nebraska:
The Company also has entered into an agreement which will deliver an Oil and Gas Lease and surface use
agreement for 1,370 acres located in Banner County Nebraska. We expect the area to have possibilities to develop
the Niobrara Shale which is being compared to the Bakken Shale in North Dakota. Located in the Denver Julesburg
Basin which extends from Southeast Wyoming and Southwest Nebraska into Northeast Colorado the acreage will 13
provide the company with possible oil, natural gas and natural gas liquids development in the Niobrara Shale, as
well as the Codell, Greenhorn, D and J Sands. Industry estimates of the possible Niobrara Original Oil in Place
(OOIP) are 30 million BOE per section, however recoverable oil, natural gas and natural gas liquids will vary by
area, thickness, porosity and fracture systems.

FNRC Chart




Natural Gas Proces & Futures 2012-2013
http://finviz.com/futures_charts.ashx?t=NG&p=d1

Crude Oil Prices & Futures 2012-2013
http://finviz.com/futures_charts.ashx?t=CL&p=d1

1st NRG Group Financial Statement September 2012
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=96868