FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Half Yearly Report and Accounts, page-11

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  1. 6,312 Posts.
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    Here's an interesting FACT from the COGCC - the State reporting entity to which all production must be reported

    For ALL FREMONT COUNTY OPERATORS the TOTAL REPORTED OIL PRODUCTION
    for ALL CY 2017 = 15,471 Barrels of Oil
    for ALL 2H 2017 = 4,941 Barrels of Oil
    Jul = 1,331
    Aug = 1,051
    Sep = 616
    Oct = 465
    Nov = 664
    Dec = 814

    And if you are thinking that FPL is the only producing operator in Fremont county ... you would be wrong.

    upload_2018-3-19_7-58-19.png

    FPL and its acquisition IOC accounted for 6,111 (out of 15,471) Barrels of Oil in CY 2017

    And in 2H of 2017, FPL+IOC reported production of 430+0 = 430

    COGCC also has strict reporting requirements (as production reporting drives production tax collections). FPL has not reported any production for IOC from Apr - Dec. Last amount reported was Mar at 1,572 a decline of 4.6% from Jan. On that decline basis estimated 2H IOC prod of 8,492 to give total 2H of 8,922

    So why wont FPL report their oil production? Not to ASX and not to COGCC either. Javernick reported theirs. It can't be that difficult (I mean what else is there to do)
 
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