FOOTHILLS EXPLORATION, INC. (OTCMKTS:FTXP) Files An 8-K Other Events
Item 8.01 Other Items
On February 21, 2017, Foothills Exploration, Inc., (the Company)
issued a press release announcing that after acquiring Tiger
Energy Partners International on December 30, 2016, the Company
reworked two wells in its Duck Creek project obtaining production
from the Green River formation. The Company sold 560 barrels of
oil during January 2017 and plans to workover two additional
shut-in wells in the Duck Creek area over the next 60 days,
which, the Company believes, should further increase production.
A copy of press release entitled Foothills Exploration, Inc.
Announces Two Wells Brought Into Production is attached as
Exhibit 99.1 to this Current Report on Form 8-K and the foregoing
description is qualified by reference to that exhibit.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press release issued by registrant on February 21, 2017 |
About FOOTHILLS EXPLORATION, INC. (OTCMKTS:FTXP)
Foothills Exploration Inc, formerly Key Link Assets Corp., is a shell company. The Company’s business plan is to acquire small and medium grocery stores in non-urban locales that are not directly served by large national supermarket chains. The Company plans to acquire grocery stores that are approximately 15,000 to 20,000 square feet in size. The Company seeks to drive additional customer traffic to its acquired grocery stores and expand their operating margins through the introduction of new products and services to those stores that lack them, including pharmaceutical services, floral departments, gasoline and other automotive products, prepared foods, lottery service and alcoholic beverages. The Company’s stores will sell non-perishable, perishable and non-food products. The products include various categories, such as grocery, frozen and dairy; produce; meat and seafood; bakery; floral; beer, wine and spirits, and health and beauty care. FOOTHILLS EXPLORATION, INC. (OTCMKTS:FTXP) Recent Trading Information
FOOTHILLS EXPLORATION, INC. (OTCMKTS:FTXP) closed its last trading session down -0.04 at 1.95 with 11,023 shares trading hands.
