DALLAS, TEXAS : StockGuru announces that Force Fuels Inc. (OTCBB: FOFU) is in the StockGuru Spotlight. Force Fuels, Inc.’s primary products are regulated and standardized energy based products, which do not require a massive marketing or sales force, thus eliminating the related expenses. These energy based products include oil, natural gas, solar and wind. In the oil and gas field the company plans to focus on the purchase of marginally producing shallow oil wells which can be optimized with existing technologies; the purchase of leases with potential for additional drilling in proven producing areas and the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.
On Thursday, the company put out news announcing the start of Phase 2 of the well rehabilitation project aimed at increasing oil production of its Kansas properties. “Phase 1 involved determining the state of our existing wells and placing them back into service to verify our production assumptions as well as geological data. Phase 2 is all about ramping up daily production,” said Oscar Luppi, CEO of Force Fuels Inc.
Shares for Force Fuels Inc. (OTCBB: FOFU) were up during the late afternoon of trading on Thursday and closed up one cent at closing.
To view our StockGuru Spotlight on Force Fuels Inc. (OTCBB: FOFU), please visit: http://www.stockguru.com/category/latest-spotlights/
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