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2008-08-21

Friendly Energy Corp

FEGR.PK

Friendly Energy Corporation, (FEGR) is a growth oriented oil exploration and development company, is poised to take advantage of the current market pricing in the oil and gas industry.

Friendly Energy Services, Inc., has entered into a drilling contract with Ozona Natural Gas Company, L.L.C.

The company will be participating in the drilling of a development well located in the northern end of the prolific Forest City Basin in Southern Iowa.

It is anticipated that the initial drilling start date will be within the first two weeks of May 2008.

The company will have a 42.5% Working Interest and a 25% Net Revenue Interest of the first well and any subsequent wells drilled in an established area of mutual interest established by the drilling agreement

 

*source - www.friendlyenergyco.com

www.friendlyenergyco.com

Referring Site: Pennystocknet.com

* We own shares in this company

News

2008-11-12  FriendlyEnergy Acquires Ten Natural Gas Drilling Sites, Options Forty Additional Sites.

2008-05-13  Well Drilling Initiated, Surface Casing Set

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HYBR 05/12/08 RECOMMENDED AT : LOW $4.50 05/20/08 HIGH $6.35 41.11% GAIN.

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