Wanna Explore? Huge Potential in OTC Energy SectorWatching this play for a breakout with US Oil Futures at 7-year highs. OTC:FTXP
FTXP trade ideas
$FTXP Target PTs .014-.0155-.017Foothills Exploration, Inc., an independent oil and gas exploration and production company, engages in the acquisition and development of oil and natural gas properties. Its primary focus is the U.S. Rocky Mountain region. The company holds approximately 34,000 acres in the Greater Green River and Wind River Basins of Wyoming and 7,800 acres in the Uinta Basin of Utah. Foothills Exploration, Inc. is based in Los Angeles, California.
$FTXP Breaks out After DD Found of Holdings$FTXP Currently holds over 34,000 acres in the Greater Green River and over 7,800 acres in the Uinta Basin of Utah. The Company owns 22 producing natural gas wells situated on approximately 18,214 gross acres. Good SS and was at $.012 one year ago.
Beijing Gas Blue Sky holdings also holds 30% of the Preferred shares and are a $1,500,000,000 Company Co-listed on the HK exchange.
$FTXP - LONG OVERDUE CORRECTION$FTXP - foothillspetro.com PRE-COVID, Strong growth projections for multiple acquisition targets for the next 5 years, strong management with industry-wide connections sets them apart from most companies in the same tier group. They are focused on Natural Gas acquisitions, they have done deals and have relationships with major players in the Oil & Gas Industry, as evidenced by the interview with Nasdaq Markets www.youtube.com pre-covid. With the volume starting to spike and the technical chart showing a strong buy signal along with a slingshot trend change in the coming days, I fully expect the next leg to take the PPS towards the noted TPs indicated on the chart.
