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Home» Commentary » This Oil Company Is Poised For A Huge Run

This Oil Company Is Poised For A Huge Run

Posted on October 24, 2017 by PennyStockHaven in Commentary, Stock Picks
Investors have poured over $5.5 Million into a little known oil & gas name that is slowly making the rounds on Wall Street. They’re betting this company strikes oil in one of their many properties and becomes Exxon’s next takeout target.

 

Who are we talking about? Read on…

 

US Oil Production Will Hit Record Levels in 2018
The Energy Information Administration (EIA) forecasts that U.S oil production will rise to its highest-ever level in 2018 . But, with oil prices down 50% from their highs in 2014, most companies have panicked and sold valuable assets for pennies on the dollar.

 

Figure 1: Oil Production Will Be At Record Highs in 2018
Smart Companies Are Buying Oil Properties
Companies that have used this buy-low opportunity have acquired valuable oil & gas properties with proven reserves at huge discounts. Shareholders of these companies have made a killing in 2017!

 

Houston American Energy Share Price Has Doubled in 2017

 

While commodity markets were in panic, the management team of Houston American Energy (HUSA) used the chaos as a buying opportunity. They acquired mines in the same location where the big oil & gas companies, such as Apache Corporation (APE) and Concho Resources (CXO), were already located. As a result, HUSA stock exploded.

 

Figure 2: HUSA Stock has been on a tear in 2017
Investors of Lilis Energy Enjoy 50% Gains

 

Similarly, Lilis Energy (LLEX) has acquired 15,000 acres of oil properties in 2017. With these acquisitions, LLEX has expanded their footprint in regions where established names like Devon Energy (DVN) and RSP Permian (RSPP) were already situated. Investors of LLEX are up 50% in 2017.

 

Figure 3: LLEX Started 2017 at $3.25/Share. Now it’s almost at $5.00
FTXP Has Been Following The Same Buying Strategy; Shares Ready To Explode

 

Investors of Foothills Exploration (FTXP) have put up more than $5.5 Million in the last year, allowing the company to build a portfolio of oil & gas properties. Like the HUSA & LLEX examples above, FTXP is acquiring properties in locations that have been validated by the established industry players.

 

Figure 4: FTXP ’s Wells Are Located In Same Properties As Oil & Gas Industry Giants
Foothills Exploration has 6 oil & gas wells situated in the same area (Altamont Bluebell field) as industry giants like Exxon Mobil (XOM) and Chevron (CVX). 3 of FTXP’s wells are already producing oil, showing the potential of their property and generating revenues for the company. The remaining 3 wells will be brought into producing status by the end of 2017.

 

FTXP Is Positioned for A Big 2018 With Acquisition of More Properties

 

FTXP recently acquired two gas wells that will be operated by EOG Resources (EOG) , the 4 th largest oil and gas operator in the U.S. at a $60B valuation. With this latest acquisition, FTXP continues its strategy of having a financial interest in properties validated by world class operators.

 

HUSA & LLEX investors have enjoyed gains of 100% and 50%, respectively, in 2017 because their management teams were able to acquire valuable assets at fire sale prices. FTXP has followed a similar strategy and positioned itself for a big 2018. If you missed the 50% run in LLEX or the double in HUSA, you need to keep a close eye on FTXP .

 

IMPORTANT DISCLAIMER

This email was prepared by Pennystockhaven.com (“PSH”) on behalf of Axiom Group (“Axiom”), as part of a paid advertisement of Foothills Exploration, Inc. (the “Company”). PSH was compensated four thousand dollars for this advertisement and could receive additional compensation from Axiom or the Company in the future. This email is not an offer or solicitation to buy or sell the securities of the Company. This email is for information purposes only, and is not intended to (and is provided explicitly on the condition that it not) be used as the sole basis to make any investment decision. Investors should make their own determinations whether an investment in any particular security is consistent with their investment objectives, risk tolerance, and financial situation. Investors are encouraged to read our full disclaimer here .

foothills exploration, ftxp, HUSA, LLEX, oil production, penny stock

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