I should also point out they're 18 Hours drive away from each other...
It's all in the announcement in black and white, maybe go back and have a read.
Or I can save you the time and point out this which is in most, if not all company announcements..
ABOUT FREMONT PETROLEUM CORPORATION LTD
Fremont Petroleum Corporation (FPC) is an Oil & Gas Production and Development company.
The company was founded in 2006 and is headquartered in Florence Colorado USA with its Australian office located in Sydney Australia. The company has operations in Colorado and Kentucky. Driven by a world-class team, the primary focus area is the 2nd oldest oilfield in the US located in Fremont County Colorado. The Florence Oil field was discovered in 1881 with the likes of Standard Oil & Continental Oil (Conoco) at the helm of production. With the advent of new technology, the Florence Oil field is one of the most economic fields in the US, and is much larger and even more prolific than originally understood. The company’s wholly-owned US Subsidiary, AusCo Petroleum Inc. is headquartered in Florence Colorado and operates a Business Unit in Kentucky. FPC is listed on the Australian Securities Exchange (ASX code: FPL).
FPL Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held