1st NRG Corp. (FNRC)
OTC PINK OTC PINK Primary Summary
1st NRG Corp. (FNRC) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has 1st NRG Corp. ever had a stock split?
1st NRG Corp. Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Kevin Norris CEO | OTC PINK Exchange | 32114B309 CUSIP |
| US Country | 2 Employees | - Last Dividend | 17 Mar 2008 Last Split | - IPO Date |
Overview
1st NRG Corp., founded in 1988, operates within the energy sector with a focus on natural gas. It is actively engaged in the exploration, development, production, and sales of natural gas properties across the United States. The company has made its mark by securing interests in significant properties like the Clabaugh Ranch in the Powder River Basin, northeast Wyoming, and in the shale plays located in Ohio. With its headquarters in Denver, Colorado, 1st NRG Corp. has established a presence in some of the country's most promising natural gas regions.
Products and Services
- Natural Gas Exploration and Production:
- Interest in Clabaugh Ranch Property:
- Shale Plays in Ohio:
At the core of its operations, 1st NRG Corp. is involved in the exploration and production of natural gas. By utilizing advanced technologies and methods, the company aims to discover and develop natural gas resources efficiently. This not only ensures a steady supply of natural gas to meet domestic energy needs but also contributes to the overall growth and sustainability of the energy sector.
The company holds significant interests in the Clabaugh Ranch property, featuring 42 producing wells, 1 permitted location, and 2,821 undeveloped acres in the Powder River Basin, northeast Wyoming. This property is a key asset for 1st NRG Corp., offering substantial natural gas production capacity. The strategic location of Clabaugh Ranch in a prolific basin enhances the company's portfolio and underlines its commitment to contributing to the U.S. energy independence.
In addition to the Clabaugh Ranch, 1st NRG Corp. has interests in shale plays covering approximately 7,000 acres in Ohio. Shale gas plays an essential role in the future of energy, and by holding interests in these areas, the company is positioning itself in the forefront of the industry. These interests in Ohio exhibit 1st NRG Corp.'s footprint in the evolving landscape of natural gas exploration and production, especially in regions with high potential for substantial natural gas yields.
