A Rapidly Growing E&P Company MicroCap Conference OTCQB: FTXP New York, NY April 2018
Corporate Snapshot Foothills Exploration, Inc. (OTCQB: FTXP), based in OTCQB: FTXP Denver, Colorado, is a growth stage oil and gas exploration and production (E&P) company with a Share Price 0.18 (4/2/18) focus and expertise in the…
Regional Focus and Expertise Well defined geographic focus Rockies Strong management and technical team with a proven track record and deep operational knowledge of the area Applying new technology to define and optimize untapped…
Uinta Basin Overview Multi-stacked resource play Multi-Stacked with 30 billion barrels of OOIP Resource Pay from multiple formations Mahogany Uinta Basin has more OOIP Garden Gulch than OOIP in Montney, Eagle Douglas Creek Ford,…
Large Operators in the Uinta Basin Foothills is surrounded by world-class operators in the area NYSE: CPG NYSE: NFX Mkt Cap: 3.9B Mkt Cap: 4.8B NYSE: APC Mkt Cap: 30.8B NYSE: EOG Mkt Cap: 59.8B NYSE: QEP Mkt Cap: 2.4B…
Unlocking Shareholder Value Financing the Companys 21% working interest in two EOG-operated horizontal Uinta Basin wells for 3.2MM is expected to deliver immediate field level net operating income of approximately 1.8 million…
Short-Term Outlook 8
Short-Term Outlook FTXP is currently focused on funding and developing two in-house projects to create shareholder value through a balanced mix of oil and natural gas production from current assets in the Uinta Basin. Meanwhile,…
Unlocking Value from Current Assets 4.1 million CapEx invested into current assets is projected to deliver annual field level gross revenues of 6.5 million (5.2 MM field level net revenues) EOG 2-Hz Wells Duck Creek Reworks Phase…
Two EOG-Hz Wells TOTAL CAPEX = 3.2 MM Two EOG-operated horizontal wells have been producing commercial quantities of natural gas since December 2017 21.62% Working Interest in both wells operated by EOG Resources, Inc. (NYSE:EOG)…
Duck Creek Reworks TOTAL CAPEX = 0.9 MM Rework 6 Duck Creek wells back to production Expected 210 BOPD (post rework) Rework program will target bypassed pay zones in Castle Peak, B-Limestone, Black Shale and Douglas Creek…
Forecasted Project Economics 6.5 MM gross revenues/yr 5.2 MM net revenues/yr 3.9 MM net operating income/yr 3.6 MM gross revenues/yr 2.9 MM net field revenues/yr 14,900,627 shares outstanding 1.8 MM net operating income/yr…
Balanced Portfolio 6.5 million total annual 3.9 million total annual gross revenues net income (before G&A) Annualized Gross Revenue (%) Annualized Net Income (%) 1,663,333 42% 2,264,641 58% 3,381,929 3,153,494 52%…
Additional Development Opportunities Acquisition of Tiger Energy properties provided an entry point and a strong platform for growth in the Uinta Basin Multi-stacked resource plays with numerous low-cost rework / development…
Uinta Basin Asset Asset consists of 5,700 acres with proved undeveloped reserves providing the Company with numerous infield drilling locations and considerable upside potential in the near term: 7+ MMBO PUD reserves 6+ MMBO Probable…
Uinta Basin Recent Hz-Drilling Update Crescent Point Energy (NYSE: CPG) Wasatch Hz Wells IP = 1,700 BOEPD (avg) Castle Peak Hz Wells IP = 1,000 BOEPD (avg) Basin Industry Results Central Basin Hz Wells IP = 1,100-1,500 BOEPD…
Management Team Kevin J. Sylla B.P. Allaire, MBA Christopher Jarvis, MBA, CFA, CMT Executive Chairman CEO, Director EVP Finance, Director Also serves as CEO of Foothills Seasoned business operator with 20+ years of capital markets and…
Management Team (cont) Alex Hemb Director, Petroleum Engineer 25+ years experience as Petroleum Engineer, both onshore and offshore with broad domestic and international work experience. Engineered & developed technology for…
Company Contact 633 17th Street, Suite 1700 Investor Relations Contact Kevin J. Sylla Denver, CO 80202 Christopher Jarvis Executive Chairman (720) 449-7478 EVP Finance (720) 4497478 (720) 449-7478 www.foothillspetro.com…
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