New Frontier Energy (NFEI)

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New Frontier Energy

New Frontier Energy, Inc. engages in the acquisition, development, exploration, and production of oil and natural gas properties in the United States. It holds a 66.7% interest in the Slater Dome Field consisting of 33,948 net acres, which is located in northwest Colorado and south central Wyoming; a 100% interest in the Flattops Prospect covering an area of 3,852 net acres, located in southwest Wyoming; a 15% interest in the Gibraltar Peaks Prospect comprising 15,049 gross acres in Routt County Colorado; and a 100% interest in the North Slater Dome Prospect, which consists of 1,600 acres. The company also owns royalty interests in certain wells in the state of Wyoming. As of February 28, 2007, its estimated proved reserves totaled 12,114,000 thousand cubic feet of gas. The company had interests in 84,382 gross acres and 40,058 net acres of oil and gas properties; and working interests in 11 coal-bed methane wells in the Slater Dome Field. In addition, it holds 82.76% limited partnership interest in Slater Dome Gathering, LLLP, which owns the 18-mile gas gathering pipeline that transports the company's natural gas from the Slater Dome Field to the Questar transportation line in Baggs, Wyoming. The company was founded in 2000 as Storage Finders.com, Inc. and changed its name to New Frontier Energy, Inc. in 2001. New Frontier Energy is based in Littleton, Colorado.