EGPI Firecreek, Inc. (OTCBB:EFIR) announced today that company is in the final stages of negotiations to acquire multiple leases for oil and gas production in East Texas and Louisiana.
Negotiations for the acquisition have been ongoing and are estimated to include acquiring 100% working interests and 80% of the corresponding net revenues of the properties which encompass approximately 2000 acres in East Texas and Louisiana.
EFIR traded 1.3M shares versus 520K 10day volume average as of 10:50 a.m. EST
EGPI Firecreek, Inc.
6564 North Smoke Tree Lane
Scottsdale, AZ 85253
EGPI/Firecreek, Inc. formerly known as Energy Producers, Inc. is an oil and gas production company focusing on the recovery and development of oil and natural gas. This strategy is centered on rehabilitation and production enhancement techniques, utilizing modern management and technology applications in upgrading certain proven reserves.