$FTXP Looking at the ten-year outlook Jarvis said,
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Posted On: 05/12/2021 5:50:56 AM
$FTXP Looking at the ten-year outlook Jarvis said, "We'll be looking to continue to build our natural gas assets; that means developing our Wind River Basin assets (The Company owns approximately 16,000 acres of leaseholds located in Fremont County, Wyoming) and it also means that we'll be looking at doing acquisitions again. Gas will play a large role over the next fifty years during this global push for renewables.
"At the same time, through our recent announcement on New Energy Ventures, LLC, for the energy transition we will be looking at entering new markets in carbon capture, blue-green hydrogen production oil field tech and geothermal exploration. I'm sure there's going to be other emerging technologies that we can look into and participate in.
"I agree that traditional oil and gas assets are still going to have a major role; especially natural gas. I think it's a bridge fuel into some of these other emerging technologies that we can tap into for this movement to green energy. I think it's a dual strategy that is going to work out well for the Company."
https://www.barchart.com/story/news/1548518/e...-plays-out
"At the same time, through our recent announcement on New Energy Ventures, LLC, for the energy transition we will be looking at entering new markets in carbon capture, blue-green hydrogen production oil field tech and geothermal exploration. I'm sure there's going to be other emerging technologies that we can look into and participate in.
"I agree that traditional oil and gas assets are still going to have a major role; especially natural gas. I think it's a bridge fuel into some of these other emerging technologies that we can tap into for this movement to green energy. I think it's a dual strategy that is going to work out well for the Company."
https://www.barchart.com/story/news/1548518/e...-plays-out
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