Friendly Energy Exploration. announces that it has acquired ten natural gas drilling sites and optioned forty additional sites located in the Molly Murphy Gas Field, Crockett County, Texas.
The company will be targeting the Wolfcamp Sand structure, which is determined to be located near the 5500-foot depth zone. Based upon production figures of wells in the [...]

Friendly Energy Corp. (Other OTC:FDEG.PK) announces today a correction of the press release of June 13th, 2006, previously announcing the company had received a drilling permit for the Asher No. 1 joint venture prospect was effective June 15th, 2006, which was reported incorrectly. The company’s joint venture partner and operator, D-Mil Production Inc., has received [...]

Friendly Energy Corp. (Other OTC:FDEG.PK) announces today that the company has created a wholly owned subsidiary, for the purpose of establishing a Oil and Gas drilling division. Management has entered into discussions with a manufacturing agent for the purpose of contracting the construction and assembly of a drill rig capable of drilling to a total [...]