$FNRC .0003 – LISTEN TO INTERVIEW WITH THE CEO
Mr. Kevin Norris CEO of the Company, stated during an interview with The Stock Radio, "The impact on 1st NRG is tremendous." We currently hold an approximate 3% working interest in existing wells and will initially own 100% of the offset development wells.
Interview Highlights:
- Powder River Basin of Wyoming - they expect 6.9 bcf of gas from the 8 wells in which they have 100% initial working interest (1st of the 8 wells have already been drilled since the interview)
- their production costs are very low
- geological risk is minimum
-the natural gas prices are up (do the math)
- their current revenues are from the 42 WY wells where they have 3% working interest
- SE Ohio - Utica Shale play plans for 2014 (HUGE POTENTIAL). Their joint venture partner is a “large independent privately own company.”
Listen to interview:
http://thestockradio.com/fnrc-1st-nrg-corp-ceo-kevin-norris/
FNRC 1st NRG Corp. Corporate Presentation
https://www.youtube.com/watch?v=lgRWWDePYw4
1 st NRG Website:
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