Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the...

Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company”) advises that the Bird #13-18 well is progressing to plan, safely and on budget. The surface section of the well has been successfully drilled and cased to approximately 1,000 ft. Drilling of the production hole will commence next week. The vertical target depth of the well is approximately 4,000 ft. The Bird #13-18 well has been designed using a combination 3D seismic technology and highly advanced surface geochemistry. The combination of these two technologies has detected a hydrocarbon accumulation in the Pierre formation which is being targeted in this well. Regular operational announcements will be made to the ASX and video footage, including that added today of drilling operations of the surface-hole section of the well, has been posted to the Company’s website at www.FremontPetroleum.com