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

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.

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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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