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In The Last Session, Why Was The Foothills Exploration (FTXP) Stock Up 40%?

XRTX

XRTX

Shares of Foothills Exploration Inc [OTC: FTXP] were soaring at the last close as they leapt 40.48% to $0.0059. Volumes for the Foothills Exploration stock were 393.84M as compared with 222.93M for the 30-day Average. During the last 52-weeks, the FTXP stock value varied between $0.0001 and $0.0104. The rise in FTXP stock followed a shareholder update on the business plans.

What FTXP has shared?

Oil and gas exploration company Foothills Exploration, Inc. is in its early stages of development. One of the Company’s primary assets is located in the Wind River Basin in Wyoming. A huge portion of the asset consists of high potential development acreage spanning over 16,000 acres of area. The Company’s goal is to start natural gas-focused high-impact oil and gas exploration projects.

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Yesterday, Foothills Exploration updated shareholders on the Company’s compliance and financial filing status as well as the Company’s plans for balance sheet initiatives by year’s end as per the following details:

Compliance & Financial Filings:

Balance Sheet Initiatives:

Main objective of current moves:

The primary objective of Foothills Exploration (FTXP) is to become OTC compliant and to establish a successful path towards addressing the global energy transition through natural gas exploration and production for the FTXP’s growth ahead.

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