AXP 0.00% 0.1¢ axp energy limited

Ann: FPL completes Trey acquisition to grow Oil production, page-2

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    Any issues with this fellas?
    • FPL’s ownership of Trey commences today – current production is stable at ~71 barrels of oil per day
    • Leases have tremendous upside with ~115 conventional oil wells ripe for production enhancements
    • Kentucky and Colorado production (excluding Trey) is up to ~45 barrels of oil per day with workovers ongoing
    • Further acquisitions being actively reviewed
 
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