FPL 8.33% 0.7¢ fremont petroleum corporation limited

So? "Fremont has applied the surface geochemistry technology to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,312 Posts.
    lightbulb Created with Sketch. 425
    So?

    "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.
 
watchlist Created with Sketch. Add FPL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.