Yes it is..it's a scam with cheap wells hoping to feed off of a sheepish society and upcoming summer oil sales. Grab some shares, watch the summer pump, then sell late July before barrels drop...
If not, your pockets will be drier than the wells..
PS: I own stock in both FORC & GCOG and am waiting for the next spike to sell.. GLTYA, but these companies are shells and can't compete in this market!