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One-Page Deal Sheet

Foothills Exploration Farms In to Koch-Operated Bighorn Basin Projects

Foothills Exploration Inc. Koch Exploration Company, Llc
AnnouncedNov 10, 2016
TypeFarm-In/Farm Out
Announced Date
November 10,2016
Transaction Type
Farm-In/Farm Out




Snapshot
Asset/Basin:
{"Big Horn Basin"}
TargetZones:
{"Phosphoria Formati
Net Acres
Proved Reserves

Location
Region
Rockies

Country
United States

State
Wyoming

Production & Reserves
Reserves


Transaction Details:  Subscribe to see

Foothills Exploration has entered into a farm-out agreement with Koch Exploration Company, LLC, a subsidiary of Koch Industries, Inc., in relation to the Ironwood and Paw Paw Prospects located in the Big Horn Basin of Wyoming.

The Ironwood and Paw Paw prospects cover about 10,583 acres with total possible recoverable reserves from the two prospects amounting to approximately 7 million barrels of oil. The farm-out agreement provides the Company with access to an immediate drilling prospect, defined by 3-D seismic with short and long-term production potential. The team at FTXP believes that the…

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