AXP Energy

Initial Production Rate Exceeds Expectations at Vespucci Well

October 9, 2019

Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company”)is pleased to report that the Amerigo Vespucci #1 well recorded a 24-hourInitial Production (IP) test rate of 82 barrels of oil per day and 900MMcf/day, being273BOE/day.

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