FPL
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8.33% 0.7¢ fremont petroleum corporation limited

Ann: Material Upgrade to 2018 Oil and Gas Reserves & Resources, page-18

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  1. sharks37
    8,420 Posts.
    lightbulb Created with Sketch. 59
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    09/08/18
    11:23
    Post #: 34827300
    Congratulations, the copany has more than doubled the amount of sub-economic gas in its inventory:

    2018-08-09 contingent resource definition.PNG

    In other words, the NPV of the previous resource was $0, and now the NPV = 145% x $0 = $0. Similar equation for the oil resource.



    Cheers, Sharks
    FPL Price at posting: 0.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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