Tuesday, February 20, 2018

Investorideas.com - Oil and Gas Stock News: Foothills Exploration (OTC.QB: $FTXP) Reports on Uinta Basin Horizontal Gas Well Drilling

Investorideas.com - Oil and Gas Stock News: Foothills Exploration (OTC.QB: $FTXP) Reports on Uinta Basin Horizontal Gas Well Drilling





Foothills Exploration, Inc. (OTC.QB: FTXP) , an independent oil and gas exploration company engaged in the
acquisition and development of oil and gas properties in the Rockies, reported
today the successful drilling, completion and flow testing of the Stagecoach
111-20H horizontal well, now producing natural gas in commercial quantities.

The Stagecoach 111-20H well is operated by EOG
Resources, Inc. (
NYSE: EOG) and Foothills owns 21% Working Interest in
the well. The well has been online for over 30 days and production tubing is
expected to be set in the near term. The well has been classified by the
operator as Confidential with the State of Utah Division of Oil, Gas and
Mining, and consequently only limited data can be provided.


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