DENVER, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC.QB:FTXP) (the “Company” or “FTXP”), an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies announced today that it has retained CORE IR as its Investor Relations firm. Core IR will provide comprehensive investor relations and shareholder communications services and assist the Company in expanding market awareness and engagement with the institutional and retail investment communities.
CORE IR is a leading boutique investor relations firm, specializing in leveraging effective investment, growth and exposure strategies for small to mid-sized companies through an integrated approach to relationship development and shareholder communications.
"We are pleased to engage CORE IR, whose depth of experience and comprehensive approach to relationships development and excellence in financial communications will serve our goals to broaden Foothills Exploration’s visibility and engagement with the market,” said Kevin Sylla, Executive Chairman of the Company. “We are keenly focused on strengthening our relationships within the institutional and retail segments of the investment community, to convey the core values which Foothills Exploration represents. With Core IR, we will enhance our shareholder communications and investor outreach and we look forward to working with their team to expand our IR efforts,” Mr. Sylla concluded.
“The CORE IR team is thrilled to support Foothills Exploration in expanding its Investor Relations efforts with targeted investor outreach and enhanced shareholder communications,” said Scott Gordon, President of CORE IR. “Foothills Exploration is laser focused on the acquisition and development of oil and gas properties across the Rocky Mountain region and specifically in the Uinta and Piceance basins. FTXP’s fundamentals are rapidly evolving with great promise and together we intend to impart greater market visibility and understanding of the Company’s progressive growth strategies and increasing value proposition,” added Gordon.
About the Company
Foothills Exploration, Inc. (FTXP), based in Denver, Colorado, is a growth stage oil and gas exploration and production (E&P) company with focus and expertise in acquisition and development of underexplored properties. The Company’s assets are located across well-established plays in the Rocky Mountain region. For additional information please visit the Company’s website at http://ir.foothillspetro.com/.
Forward-Looking Statements
All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our abilities to raise adequate additional capital to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.
Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We are currently a pre-revenue company and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law.