Falcon Crest Energy (PNEG) Acquires Leasehold in Powder River Basin
Falcon Crest Energy, a development stage oil, gas exploration and production company, announced it has acquired leasehold in the Powder River Basin from the United States Bureau of Land Management. The company also has ownership in 75% working interest of approximately 585 acres in Powder River Basin, Wyoming. Further specific details are slated to be disclosed shortly, but the company is actively looking to add private leasehold rights in addition to the Federal lands. Chief Executive Officer and Director, Patrick Johnson, has held C-Level positions in the oil and gas, consumer products, and neutralceutical industries in both public and private…