Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) is pleased provide this executive summary from Schlumberger following their independent petrophysical evaluation completed on the Niobrara Formation in the J.W. Powell #23-25 well. The following executive summary and evaluation results have been approved by Schlumberger for public release.
New issue announcement,application for quotation of additional securities and agreement
Fremont Petroleum Corporation Ltd (ASX:FPL) (“Fremont” or “the Company”) confirms drilling of Amerigo Vespucci #1 well is on-track and the production section of the well-bore is now being drilled.
Fremont Petroleum Corporation Ltd is pleased to confirm that shareholders have today approved the second tranche placement of 76,920,045 new Fully Paid Ordinary Shares at $0.012 per share.
In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, we advise details of the resolutions and the proxies received in respect of each resolution are set out in the attached proxy summary.