Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company” advises that completion
operations are now underway on the JW Powell #23-25 well at the 100%-owned 21,500-acre Pathfinder Field,
Colorado.
The frac design is complete, well head pressure testing has concluded, 18 frac tanks are now being delivered
to site (Figures 1 & 2), as is 200,00 gallons of water which will be used for fracture stimulation. The frac is
scheduled for next week, a week behind schedule due to poor weather conditions in the US last week.
The JW Powell #23-25 well was successfully drilled to a total vertical depth of 6,072 feet (1851 meters) and is
targeting production from a multi-stage fracture stimulation in the B and C Benches of the Niobrara
Formation.
The Company will report on operational progress through to flow rates being determined.
FPL Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held