EGPI Firecreek, Inc. (EFIR.OB) Reports $4M Rise in Assets, Provides Status Update on West Texas Three Well Program and Ongoing Acquisitions
EGPI Firecreek, Inc., through its wholly-owned subsidiary Firecreek, is focused on rehabilitating and enhancing production methodologies in order to yield greater efficiency from existing fields while actively engaging in the acquisition of oil fields with proven reserves. The Company today provided a status update on its West Texas Three Well Program (the Program) with Whitt Oil and Gas, Inc., (the Operator), in addition to evaluations currently underway. With imminent production capacity from the Program, EFIR was able to report a $4M increase in assets on the Company’s recently filed 10-K for FY 09 (ended Dec 31). Rehab of the Program’s…