Replies to post #9327 on Friendly Energy Exploration (fka FEGR)

[mick]

this is what father ceo said , 'want to be world's largest producer in oil and gas' died before in da makings. son sean is heading company now.

great reading.

[mick]

fegr

all texas oil cmpanies.
vs

crcl


vs

royl



crapshoot
hlxw

[mick]

this is good read from oil and natural gas area.

re;
$ FEGR. THE BIGGEST OIL FIND EVER: "75 BILLIONS BARRELS OF IT!!!

The Jaw-Dropping Potential in This American Oil Patch Could Change the World:

http://www.fool.com/investing/general/2014/05/24/the-amount-of-oil-in-this-american-oil-patch-is-go.aspx

Bottom line, though, there is a monumental potential in the Permian Basin that has yet to be accessed. Pioneer, Devon, EOG, and Occidental all have fantastic operations in the region today.

Depending on how shale technology advances and the price of oil, these companies could be sitting on some of the most lucrative oil real estate in the world, which further solidifies their places among the best investments in the American shale boom today.

CRCL From the latest 10Q, page 18, "Oil & Gas Properties" Texas.



The Company owns a variety of non-operated working interests and overriding royalty interests in approximately 73 producing wells in Texas. The interests range from less than 1% up to approximately 5% in each well.

The wells are located in the following areas: Permian Basin, Eagle Ford Shale, Pearsall Field, Giddings Field & the Woodbine Field.

The wells are operated by Apache (Permian), Chesapeake (Eagle Ford Shale), CML (Giddings, Pearsall & Permian), Leexus (Giddings) and Woodbine Acquisitions (Woodbine). As of October 31, 2013, the Company had approximately 430 net leased acres in Texas.


GO > $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ FEGR

[TPX]

Eagle Ford Shale Impact Growing

CORPUS CHRISTI - The Coastal Bend is hitting the second phase of the Eagle Ford Shale boom. With it, we can expect a continued and significant increase in people and jobs. We can also expect an increase in cost of living.

Ground was broken last week on what will be a billion dollar iron ore company called Voestalpine. The company will create an opening for hundreds of construction jobs and eventually will be home to hundreds more skilled worker jobs.

Texas A&M Corpus Christi economics professor Dr. Jim Lee says, "By 2018, 3 or 4 years from now, all those big industrial sites will be operational. Then we'll need another set of skills." Dr. Lee says the Coastal Bend is experiencing the second wave of the Eagle Ford Shale boom with major and long term industrial construction and growth.

It's already putting more people to work. The latest Coastal Bend unemployment rate is at 4.9%. It's the lowest unemployment rate since 2007.

While it's great to be out of recession, there is a downside. Cost of living is going up. Housing prices are increasing as more people move to the Coastal Bend. And as companies fight to fill jobs, they'll have to pay higher wages. Long story short, you will eventually be charged more.

But as Dr. Lee explains.. we can't have it all. "If you have a choice, whether you want recession or you want a booming economy, obviously, I would rather try and deal with the growing pains."

http://www.kztv10.com/news/eagle-ford-shale-impact-growing/

FRIENDLY ENERGY SERVICES is an oil operator located in CORPUS CHRSTI, Texas.

http://www.eliteexploration.com/friendly-energy-services/