Foothills Exploration IncOOTC FTXP Stock Report

Foothills Exploration, Inc. is an oil and gas exploration and development company that is engaged in the acquisition and development of oil and natural gas properties. The Company’s oil and gas operations are conducted by its wholly owned indirect subsidiaries, Foothills Exploration, LLC and Tiger Energy Operating, LLC. It holds approximately 20,847 acres in the Wind River Basin of Wyoming and over 5,700 acres in the Uinta Basin of Utah. The Wind River Basin is located in central Wyoming. The basin contains approximately 60 oil and gas fields producing from 17 different formations. The Utah properties are located in Uintah and Duchesne Counties, which consist of operated and non-operated working interests as well as rights and interests in a project for future development. It owns a 21% non-operated working interest in two Uinta Basin horizontal gas wells: Stagecoach 111-20H and Stagecoach 117-20H. It holds over 21 shallow oil and gas wells, all located in Comanche County, Oklahoma.