"Fremont has applied the surface geochemistry technology to directly intersect the crude oil section of the reservoir and to avoid intersecting gas pockets. This would enable prompt production and revenues from oil sales."
as per their ASX release on 27th June 2017
all the referencing of technology yadayada goes back to 2016 and even earlier and all the time noting the oil filled fractures identified
"... the Company’s methodical de-risking program in section 18 of the property was successful in identifying natural fractures in the Pierre formation that are filled with crude oil. The Company applied a combination of state-of -the art 3D seismic technology, surface geochemistry studies, satellite imagery studies and exploration drilling."
as per their ASX release on 10 June 2016
I think they are ahead of themselves.
Good luck - maybe this spin of the wheel comes up a winner.
FPL Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held