Jan 22, 2014 - Corporate Update
DENVER, CO--(Marketwired - Jan 22, 2014) - 1st NRG Corp. is pleased to announce it has
completed the drilling phase of the Clabaugh Federal 42-15-5376 WA, the first well in a planned
eight well development drilling program. The well was drilled to 1680' and as expected, wireline
logging identified approximately 200' of developed coal seams in the Schwartz, Anderson, Canyon,
Cook and Wall formations. The Company currently holds a 100% working interest in the well and the
other seven wells in the current development drilling program. The Company has begun completion
work and anticipates first flow of natural gas in Q1 2014.
In SE Ohio, the initial location selection and the drilling plan for the test well has been extended 60
days to allow for additional due diligence. The Company now expects the test well of about 6,000
feet in depth to be drilled in the second quarter of 2014.
Jan 6, 2014 - 1st NRG Corp - Begins Drilling Program
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DENVER, CO--(Marketwired - Jan 6, 2014) - 1 NRG Corp. (FNRC) is pleased to announce the start
of development on eight locations in Wyoming's Powder River Basin where we hold 100% of the
working interest before payout. These shallow locations are approximately 1,900 feet in depth, and
characterized by what we believe to be low geologic risk and a repeatable development opportunity.
The operations offset existing wells, all of which have developed coal seams in the Schwartz,
Anderson, Canyon, Cook and Wall formations. Successful implementation of this plan would
significantly increase FNRC production and revenues. Mr. Kevin Norris CEO of the Company, stated
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during an interview with The Stock Radio, "The impact on 1 NRG is tremendous." We currently hold
an approximate 3% working interest in existing wells and will initially own 100% of the offset
development wells. The first well began drilling December 28th, 2013 and will continue as
weather and equipment availability allow.
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