Wednesday, September 26, 2018 10:45 PM +00:00
Fremont Petroleum Corporation Ltd (ASX: FPL) is pleased to update shareholders on oil production from its Colorado and Kentucky fields. As advised, a number of wells in Colorado were recently shut-in due to fire bans which impacted production. Fire bans have now been lifted. Production issteady at ~100 barrels per day with 80% coming from the 100%-owned 21,500-acre Pathfinder property in Colorado. Some larger workovers and smaller well works could yield a higher daily rate.