FPL 8.33% 0.7¢ fremont petroleum corporation limited

Cashflow Positive, page-26

  1. 3,607 Posts.
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    Load,

    that is not quite correct .......

    its a naturally fractured shale (piere) that holds "pockets" of oil.........the source is deeper.....

    tis not the same thing as bakken / EFS / etc....

    as I have said previously - the dirt does actually have some potential .........

    but - management leave a smidge to be desired in terms of forthrightfulness ......

    relative to other minows in E&P space - tis expensive in fundemntal terms (see BAS for a comparison)...

    hope management can do something with the gas resource - otherwise, more off the same re capraise / small spruik / rinse and repeat .....

    rgds (non holder, and not on my radar)
    V_H
 
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