AXP Energy

Amerigo Vespucci #1 – Flow Back Operations Update

September 10, 2019

Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company”) is pleased to advise that the Amerigo Vespucci #1 well is flowing back stimulation fluids to surface after completion of a five-stag stimulation operation (see figure 1). This compares to a one-stage stimulation program on the last well, the J.W. Powell. As such, this well has been a much more extensive operation.

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