1st NRG Corp.
FNRC
Other OTC0.00
USD
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1st NRG Corp.
FNRC
(Other OTC)
Recent
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yld
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ROIC.AI
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- Business
- 1st NRG Corp. (FNRC) is an exploration and production company engaged in the exploration, development, production, and sale of natural gas properties in the United States. The company holds interests in the Clabaugh Ranch property, comprising 42 producing wells, 1 permitted location, and 2,821 undeveloped acres in the Powder River Basin of northeast Wyoming; shale plays covering approximately 7,000 acres in eastern Ohio; and coalbed methane projects. It operates within the oil and gas exploration and production industry segment, targeting natural gas resources primarily in the Powder River Basin of Wyoming and Ohio shale regions. Founded in 1988 and headquartered in Denver, Colorado, at 1531 Stout Street, Suite 607, the company focuses on developing natural gas producing properties with no reported subsidiaries or parent company relationships. Geographically, its operations are concentrated in the United States, specifically Wyoming and Ohio. No major recent partnerships, strategic alliances, funding rounds, acquisitions, new product launches, or significant operational changes have been reported for 1st NRG Corp. within the last 1-2 years. The company maintains its core focus on existing natural gas assets without noted expansions, reorganizations, or name changes.