FPL 8.33% 0.7¢ fremont petroleum corporation limited

Ann: Boardroom Media Interview with MD&CEO, page-2

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    7:18 into the interview they discuss the gas contract

    - Number of large industrial plants in the area, so FPL wouldn't need to process the gas

    - 3 local utilities between 5-25 miles from their field their service hundred of thousands of accounts

    - Can also connect directly to Colorado Interstate state gas pipeline

    US Department of Agriculture has a program called "Business and Industry Loan Guarantee", designed to entice new investment and infrastructure projects in rural America. Offers an 80% guarantee of the borrowed amount !

    Also mentioned the will complete 2 wells before the end of the year

    Sounds like it is very positive
 
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