Falcon Crest Energy, Inc. (FCEN) Staking Its Claim in the Powder River Powderkeg

If domestic energy analysts or enthusiasts want to find the next North Dakota, it could very well be in the Powder River Basin of northeastern Wyoming. Like the Bakken shale play in North Dakota has brought about a modern oil boom not seen in the Plains, surveys and analyses seem to point to the Powder River Basin as the next spot for a new oil boom that can transform a state’s economic fortunes.

Falcon Crest Energy, Inc. (OTC: FCEN), a development-stage oil and gas exploration and production firm, is staking much of its operations on the oil powderkeg that is the Powder River Basin and is looking to be at the forefront when the powderkeg goes off and the entire economic landscape of Wyoming is transformed.

The Powder River Basin has had great potential for years, but much of it was ahead of its time. But with advances in technology in recent decades, including fracking and horizontal drilling, many industry experts believe that the time is ripe for Powder River to begin to achieve much of its unrealized potential. Falcon Crest Energy has been working hard to establish exploratory stakes all throughout the Powder River Basin with the expectation of being among the first to engage in full-scale exploration and production of the area for oil and natural gas.

There is an estimate that Powder River may have the potential economic impact on Wyoming that the Bakken play has had on North Dakota, which has seen economic growth more than five times the national average, with an annualized growth of 13 percent (the U.S. economy is currently growing at about 2.5 percent). If the estimates are anywhere close to that, Falcon Crest Energy has the stakes in place and would be poised to see some of that growth in its bottom line moving forward through 2015 and beyond.

For more information, visit www.FalconCrestEnergy.com

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