Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) advises that, further to the operational update provided yesterday on the Amerigo Vespucci #1 well, the company has posted video footage on its website www.FremontPetroleum.com of oil being evacuated from the well bore in preparation for completion works that commence next week. As advised, the presence of oil from the deeper formations of the well is highly encouraging.
Three Potential Pay Zones Confirmed on Amerigo Vespucci Well
Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) is pleased to advise that logging results from the Amerigo Vespucci # 1 well show the presence of oil and gas hydrocarbons over three separate formations.
3D Seismic Survey Completed
Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) is pleased to advise that the acquisition phase of its 3D seismic program has been successfully completed at its 21,500-acre Pathfinder Oil & Gas Field in Colorado (see images below). Fremont controls a 100% working interest and is the operator of the property.
Amerigo Vespucci Well Intersects Crude Oil
Fremont Petroleum Corporation Ltd(ASX:FPL) (“Fremont” or “the Company”) is pleased to advise that the Amerigo Vespucci #1 well has intersected crude oil.
Expiry of Options – Waiver of Listing Rule 6.24
Fremont Petroleum Corporation Ltd (ASX: FPL) (“Fremont” or “the Company”) notifies the holders of the Company’s 74,088,963 quoted options (exercisable at $0.06, expiring on 30 June 2019) (ASX: FPLOA) (“Options”) that the Options will expire at 5.00 pm AEST on 30 June 2019.
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