Falcon Crest Energy (FCEN) Maintains Focus on Wyoming’s Oil-Rich Potential
Falcon Crest Energy is a development stage oil and gas exploration and production company focused on developing properties in North America, including its Rocky Ford Field leasehold in Crook County of northeastern Wyoming. Specific to this property, Falcon Crest in September 2014 leased federal lands from the U.S. Bureau of Land Management and initially retained a 75% working interest in 584.78 acres; the company acquired the remaining working interest in February 2015. Falcon Crest also has its eye on the Powder River Basin in Wyoming where state and industry experts forecast a “second oil boom.” The area’s oil prospects, which…