Foothills Exploration acquires 21 oil and gas wells in Oklahoma
On January 31, 2023, Foothills Exploration, Inc, an oil and gas exploration and development company focused on supplying energy needs, completed the acquisition of twenty-one oil and gas wells, all located in Comanche County, Oklahoma. The Company’s return to production program will involve cleaning up existing wells, maintaining facilities, performing electrical work, and repairing flow lines, while production operations are expected to begin by the end of February. Currently, the Company is also evaluating other oiltargeted properties in the area for potential acquisitions. It has also signed two additional agreements for asset acquisitions in Kansas and Oklahoma.