FireWheel Energy, LLC is a Midland, Texas independent oil and gas company founded in August 2011. The company is pursuing unconventional resource plays and acquire-and-exploit opportunities focused on the Permian Basin and East Texas. FireWheel has identified and leased over 150,000 acres in the Cline Shale play on the eastern shelf of the Midland Basin. The company spudded its first Sterling County horizontal well in June, 2012.