AXP Energy

Production Equipment Tie-in at Amerigo Vespucci Well

Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) is pleased to advise that flow-back operations are proceeding to plan on the Amerigo Vespucci #1 well. As previously advised, the well was placed on an artificial lift system to recover the balance of the fluids that were used to stimulate the Amerigo Vespucci # 1 well during a 5 stage stimulation of the Niobrara formation.

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Amerigo Vespucci #1 – Flow Back Operations Update

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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Appendix 5B Query response

Fremont Petroleum Corporation Limited (ACN 114 198 471) (Company) provides the following information in response to your query dated 12 August 2019 regarding the Appendix 5B for the period ended 30 June, 2019:

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Vespucci Well Stimulation Operations Completed

Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) is pleased to advise that stimulation operations on the Amerigo Vespucci #1 well have now been completed and the stimulation equipment and crews have demobilised.

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Amerigo Vespucci Well Operational Update

Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) advises that due to some minor operational delays, commencement of stimulation operations on the Amerigo Vespucci #1 well are now scheduled to commence early next week.

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