Falcon Crest Energy, Inc. (FCEN) Eyes Growing Oil
Post# of 17
Posted On: 02/26/2015 5:44:50 PM
Falcon Crest Energy, Inc. (FCEN) Eyes Growing Oil & Gas Opportunities in Powder River Basin
Falcon Crest Energy strategizes to minimize risks associated with oil and gas exploration by developing proved petroleum reserves in North America. At the same time, the development-stage exploration and development company strives to maximize profit by strategically acquiring and liquidating selected oil and gas properties.
Complementary to these objectives, Falcon Crest’s approach is to utilize advanced oil and gas production technologies to rapidly increase production levels and generate predictable, sustainable value. On course with this plan, the company recently acquired the remaining 25% of, and now currently owns a 100% working interest in, nearly 585 acres in Crook County, Wyoming.
By acquiring the remaining interest in the leasehold, Falcon Crest has maximum flexibility in terms of exploring and developing the project. With exploration of the leasehold in its final stages, Falcon Crest is now focused on what makes the play particularly attractive, namely shallow drilling depths of less than 300 meters.
The company’s broader focus on the Powder River Basin is validated by industry forecasts that the state of Wyoming is on the verge of a second oil boom. Falcon Crest, as well as major energy companies and industry analysts, recognize the tremendous untapped potential of the Powder River Basin’s conventional and tight formations and are gearing up for action.
By steadily increasing its interests in the Powder River Basin, Falcon Crest plans to be an active part of the opportunistic, highly anticipated drilling frenzy in Wyoming.
For more information, visit www.FalconCrestEnergy.com.
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
Falcon Crest Energy strategizes to minimize risks associated with oil and gas exploration by developing proved petroleum reserves in North America. At the same time, the development-stage exploration and development company strives to maximize profit by strategically acquiring and liquidating selected oil and gas properties.
Complementary to these objectives, Falcon Crest’s approach is to utilize advanced oil and gas production technologies to rapidly increase production levels and generate predictable, sustainable value. On course with this plan, the company recently acquired the remaining 25% of, and now currently owns a 100% working interest in, nearly 585 acres in Crook County, Wyoming.
By acquiring the remaining interest in the leasehold, Falcon Crest has maximum flexibility in terms of exploring and developing the project. With exploration of the leasehold in its final stages, Falcon Crest is now focused on what makes the play particularly attractive, namely shallow drilling depths of less than 300 meters.
The company’s broader focus on the Powder River Basin is validated by industry forecasts that the state of Wyoming is on the verge of a second oil boom. Falcon Crest, as well as major energy companies and industry analysts, recognize the tremendous untapped potential of the Powder River Basin’s conventional and tight formations and are gearing up for action.
By steadily increasing its interests in the Powder River Basin, Falcon Crest plans to be an active part of the opportunistic, highly anticipated drilling frenzy in Wyoming.
For more information, visit www.FalconCrestEnergy.com.
Please see disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.com
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