Wind River Basin

FOOTHILLS EXPLORATION INC. ANNOUCES FIRST QUARTER 2023 RESULTS AND OPERATIONAL UPDATE

Retrieved on: 
Tuesday, May 16, 2023
Maintenance, Foothills, OTC Markets Group, Wind River Basin, BLM, Acquisition, Natural gas, OTC, BOPD, Growth, Clothing, Oil, Property management

Foothills reported a 28% decrease in losses from operations of ($288,000) during Q1’23, compared to ($399,000) for Q1’22.

Key Points: 
  • Foothills reported a 28% decrease in losses from operations of ($288,000) during Q1’23, compared to ($399,000) for Q1’22.
  • Foothills reported a modest 14% increase in selling, general and administrative costs during Q1’23 compared to Q1’22, while more than doubling quarterly revenues.
  • The Company has demonstrated significant growth quarter over quarter with the addition of producing assets and higher commodity pricing.
  • For more information, please refer to the Company’s Quarterly Report for the three months ending March 31, 2023 filed with OTC Markets on May 15, 2023.

Denbury Reports 2022 Fourth Quarter and Full-Year Results

Retrieved on: 
Thursday, February 23, 2023
Alternative Energy, Energy, Other Energy, Oil, Gas, Hydrogen, EOR, Ammonia, Natural gas, Carbon, Safety, Depreciation, Transport, Commencement Bay-class escort carrier, Gulf, Rocky, BOE, Barrel (unit), Public expenditure, West Texas Intermediate, Tinsley, GAAP, Investment, CCA, United States Environmental Protection Agency, Orion, Henry Hub, Biofuel, Tax, Table, Commodity, NYMEX, Central Time, CO2, British thermal unit, VI, Wind River Basin, Cryptocurrency, Video game, Arms industry, CCUS, Denbury

The Company’s fourth quarter 2022 average pre-hedge realized oil price was $82.54 per barrel (“Bbl”), down 11% from the third quarter of 2022.

Key Points: 
  • The Company’s fourth quarter 2022 average pre-hedge realized oil price was $82.54 per barrel (“Bbl”), down 11% from the third quarter of 2022.
  • The Company’s sales volumes averaged 46,641 barrels of oil equivalent per day (“BOE/d”) during the fourth quarter of 2022, down modestly from third quarter 2022 levels primarily due to severe winter storm impacts.
  • CO2 sales and transportation fee revenue in the fourth quarter of 2022 was higher than historical periods; however, lower than the third quarter of the year, due primarily to a short-term agreement that expired during the fourth quarter 2022.
  • The Company’s fourth quarter 2022 effective income tax rate was approximately 17%, lower than the Company’s 25% statutory rate due to a $12 million valuation allowance released during the fourth quarter of 2022.

Uranium Energy Corp Expands Wyoming Hub and Spoke ISR Platform with Additional Resources and Filing of S-K 1300 Report

Retrieved on: 
Thursday, September 15, 2022
Peterson, Power resource theory, Time, Project, Wind River Basin, Union Carbide, Ranch, PRB, Company, Unocal Corporation, Mining, Conoco, Maintenance, Charlie, ISR, UEC, CFR, Trade Union International of Chemical, Energy, Metal, Oil and Allied Industries, Livestock, Oil, Uranium, Lithium, Cameco, Luce Irigaray, Mesa Verde National Park, Greater Green River Basin, Leuenberger, Biblis hyperia

The Irigaray Central Processing Plant is the hub of the Project and is fully licensed, as is the Christensen Ranch satellite plant.

Key Points: 
  • The Irigaray Central Processing Plant is the hub of the Project and is fully licensed, as is the Christensen Ranch satellite plant.
  • Reno Creek: The Reno Creek Project is fully permitted and was primarily developed by Rocky Mountain Energy in the 1980s.
  • Most of the Project area was held by Power Resources (Cameco) until 2003, after which Energy Metals (precursor to U1A) acquired the properties.
  • It is near the site of the former Bear Creek Uranium Mine operated by Rocky Mountain Energy in the 1970s and 80s.

Uranium Energy Corp Receives $18 Million and 25 Wyoming ISR Projects Related to the Uranium One Acquisition, and Applauds the Biden Administration for its Proposed Plan to Transition Away from Russian Nuclear Fuel Supply

Retrieved on: 
Wednesday, June 8, 2022
Congress, Mining, Company, Environmental policy of the Joe Biden administration, Black Hills, Charlie, Primary energy, CEO, CORPUS, NYSE American, Wind River Basin, Great Divide Basin, ISR, Shirley Basin, Wyoming, Hobson, Uranium, NYSE, Acquisition, UEC, Industry, Department, Environmental Defense v. Duke Energy Corp., Powder River Basin, Security (finance), Anfield

The Company received the Anfield Indebtedness through its $112 million acquisition of Uranium One Americas, Inc. ("U1 Americas") in December 2021.

Key Points: 
  • The Company received the Anfield Indebtedness through its $112 million acquisition of Uranium One Americas, Inc. ("U1 Americas") in December 2021.
  • As a result, UEC will control the largest ISR uranium portfolio in the United States.
  • Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American.
  • UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly ISR mining uranium projects.

FOOTHILLS EXPLORATION INC. PROVIDES OPERATIONS UPDATE

Retrieved on: 
Tuesday, May 3, 2022
U.S. Securities and Exchange Commission, Forward-looking statement, River aux Vases (Mississippi River tributary), Foothills, Private Securities Litigation Reform Act, Carbon, GLOBE, LLC, Company, Hydrogen, Uinta Basin, Wind River Basin, Security (finance), Review, Acquisition, JV, Program, Perception, Risk, OTC, Environment, BOPD, Houser, Income, Anaconda, Life, Orangi Pilot Project, News, CEO, Research, State, Renewable energy, Oil, Holding company, Risk management

LOS ANGELES, May 03, 2022 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP), including its direct and indirect subsidiaries, ("Foothills," or the "Company"), an oil and gas exploration company focused on delivering the energy needs of today and tomorrow, is pleased to announce an operations update for Q1 2022.

Key Points: 
  • LOS ANGELES, May 03, 2022 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP), including its direct and indirect subsidiaries, ("Foothills," or the "Company"), an oil and gas exploration company focused on delivering the energy needs of today and tomorrow, is pleased to announce an operations update for Q1 2022.
  • During Q1 2022, the Company performed workover operations on three of the wells, which successful generated a 75% increase in production for total operations.
  • The Company signed a participation agreement to participate in 50% of the rework operations of the Mark Heat #4 well.
  • Foothills Exploration, Inc. (FTXP or the Company), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow.

Duke Energy Sustainable Solutions announces construction of Idaho's largest solar project

Retrieved on: 
Thursday, April 28, 2022
IDA, NYSE, Solution, Security (finance), Electric Bond and Share Company v. Securities and Exchange Commission, Wind, Securities Exchange Act of 1934, Idaho Power, Association, LLC, Forward-looking statement, Idacorp, Energy certificate, Securities Act of 1933, Cleaner, Annual report, Solar, Fallon, Phrase, Multimedia, View, Electricity, Engineering, Safety, Energy Independence and Security Act of 2007, SEC, Culture, Renewable energy, Wind River Basin, Duke Energy

CHARLOTTE, N.C., April 28, 2022 /PRNewswire/ -- Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy (NYSE: DUK), today announced the start of construction of the 120-megawatt (MW) Jackpot Solar project in Twin Falls County, Idaho.

Key Points: 
  • CHARLOTTE, N.C., April 28, 2022 /PRNewswire/ -- Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy (NYSE: DUK), today announced the start of construction of the 120-megawatt (MW) Jackpot Solar project in Twin Falls County, Idaho.
  • Duke Energy Sustainable Solutions is a leader in sustainable energy, helping large enterprises reduce power costs, lower emissions and increase resiliency.
  • Duke Energy Sustainable Solutions is a nonregulated commercial brand of Duke Energy (NYSE: DUK), a Fortune 150 company and one of the largest energy holding companies in the U.S., headquartered in Charlotte, N.C.
  • The brand includes the following subsidiaries of Duke Energy Corporation that are registered to transact business in various states and may be branded as Duke Energy Sustainable Solutions for marketing purposes: Duke Energy One, Inc.; Duke Energy Commercial Enterprises, Inc.; Duke Energy Renewables, Inc.; Duke Energy Renewables Commercial, LLC; Duke Energy Renewable Services, LLC.

Anfield Energy Announces Transactions to Raise Capital, Retire Debt, and Consolidate Uranium and Vanadium Resources in the USA

Retrieved on: 
Thursday, April 21, 2022
Consolidation, F.N. Burt Company Factory "C", Charlie, Powder River Basin, TSX Venture Exchange, GLOBE, Director, Mining, United, Debt settlement, Acquisition, PEA, Metal, Company, Vanadium, Warrant, Indian stock exchange, Frank, Issue, Great Divide Basin, Uranium, Wind River Basin, Nature, News, CEO, Board, LLP, Black Hills, Offering, Ownership, Growth, Shirley Basin, Wyoming, Blackwell, FOR, Donkey, Escrow, Transaction, UEC, Frankfurt Stock Exchange, Underwriting, Pumpkin, NOT, AEC, Security (finance), Exchange, Debt, Anfield

VANCOUVER, British Columbia, April 21, 2022 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has entered into definitive agreements dated April 19, 2022 which will position the Company as a uranium and vanadium development company solely focused in the Southwest United States. Anfield has entered into a settlement agreement with Uranium Energy Corp (“UEC”) respecting US$18.34 million which was owed to Uranium One Americas, Inc. (“U1A”) and is presently due and owing to UEC (the “Indebtedness”). UEC has agreed to the full settlement of the Indebtedness for US$9.17 million in cash plus US$9.17 million in securities of Anfield (the “Debt Settlement”). In addition, Anfield will complete an asset swap to exchange certain of its properties for properties of UEC (the “Property Swap” and, together with the Debt Settlement, the “Transactions”).

Key Points: 
  • Anfield has entered into a settlement agreement with Uranium Energy Corp (UEC) respecting US$18.34 million which was owed to Uranium One Americas, Inc. (U1A) and is presently due and owing to UEC (the Indebtedness).
  • UEC has agreed to the full settlement of the Indebtedness for US$9.17 million in cash plus US$9.17 million in securities of Anfield (the Debt Settlement).
  • In addition, Anfield will complete an asset swap to exchange certain of its properties for properties of UEC (the Property Swap and, together with the Debt Settlement, the Transactions).
  • Finally, our vanadium resources will increase, giving Anfield a significant position in the vanadium sector in the United States.

Foothills Exploration, Inc. Discusses Its Wind River Basin Project and HHE Exploration Technologies JV with The Stock Day Podcast

Retrieved on: 
Monday, March 14, 2022
Annual report, Private Securities Litigation Reform Act, Risk, Allaire, Company, U.S. Securities and Exchange Commission, Natural gas, Hydrogen, Investment, Interview, OTCQB, Carbon, OTC Markets Group, News, Acquisition, Rocky Mountains, Forward-looking statement, The Company, Security (finance), Perception, Review, Income, Renewable energy, Oil, Risk management, Illinois Basin, Wind River Basin

"Foothills Exploration is an independent exploration and development company," said Allaire.

Key Points: 
  • "Foothills Exploration is an independent exploration and development company," said Allaire.
  • "With regards to your current oil and gas projects, which areas is Foothills Exploration focused on?"
  • "We are active and focused on the United States, specifically in both the mid-continent region and Rocky Mountain region," explained Allaire, before elaborating on the potential of its Wind River Basin project.
  • "The Wind River Basin project could be a company-maker, and we are very excited about that," said Allaire.

FOOTHILLS EXPLORATION INC. PROVIDES JANUARY 2022 CORPORATE UPDATE

Retrieved on: 
Wednesday, January 19, 2022
Hydrogen, Income, Forward-looking statement, Federal, News, State, Annual report, Carbon, Electrolysis, Unmanned aerial vehicle, Private Securities Litigation Reform Act, Wind River Basin, Perception, Bureau, CA, Frontier Formation, Bank, UAS, LLP, GLOBE, Review, Movement, OTC Markets Group, OTC, BLM, Company, Bank of America, Bureau of Land Management, Risk, Foothills, Renewable energy, BOPD, HHE, Acquisition, Oil, Risk management

LOS ANGELES, CA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP) ("Foothills" or the "Company"), an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow is pleased to announce a corporate update and outlook for 2022.

Key Points: 
  • LOS ANGELES, CA, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP) ("Foothills" or the "Company"), an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow is pleased to announce a corporate update and outlook for 2022.
  • Foothills Exploration, Inc. (FTXP or the Company), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow.
  • Any forward-looking statement made by us in this news release speaks only as of the date on which it is made.
  • We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.

FOOTHILLS EXPLORATION INC. PROVIDES WIND RIVER BASIN PROJECT UPDATE

Retrieved on: 
Tuesday, December 7, 2021
Income, Risk, Forward-looking statement, Company, CA, Hydrogen, Carbon, Review, GLOBE, Natural gas, OTC, Helium, OTC Markets Group, SSF, Private Securities Litigation Reform Act, Foothills, News, Synchronization, Perception, Hydrocarbon, Sand drawing, ExxonMobil, USGS, BLM, Mining, Soil, Petroleum, Cody Shale, Development, Program, Morrison, Wind River Basin, APD, Frontier Formation, Acquisition, Wind River, Oil, Renewable energy, Rare-earth element, Risk management

LOS ANGELES, CA, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP) ("Foothills" or the "Company"), an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow is pleased to announce an update on the Companys Wind River Basin project.

Key Points: 
  • LOS ANGELES, CA, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC: FTXP) ("Foothills" or the "Company"), an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow is pleased to announce an update on the Companys Wind River Basin project.
  • This encourages and validates our position to continue our exploration program in the Wind River basin, continued Sylla.
  • Denver based technical firm Geochemical Insight executed an extensive soil hydrocarbon geochemical survey over 18,000 acres in Fremont County, Wyoming, on the Foothills Wind River project.
  • Results warrant further exploration and substantially support Foothills Exploration the certainty to proceed with development.