FPL 8.33% 0.7¢ fremont petroleum corporation limited

Haha, so you see production doubling from workovers of fracked...

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    Haha, so you see production doubling from workovers of fracked wells? You don't see any decline happening?

    Have you researched the decline curve of fracked wells?

    If it doesnt get less then $55 why has management previously said they were cashflow positive at USD$40?

    Breakeven for alot of Oilers is well less then USD$55 a barrel (unless you include drilling costs - which I assure you FPL are not).

    These guys have only survived by diluting the SP to buggery, expect more of the same.

    $400k net cash at the moment, CR will not be far away.
 
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