FDM 0.00% 1.1¢ freedom oil and gas ltd

People need to remember that mad has nearly drilled a 150 wells...

  1. 2,647 Posts.
    People need to remember that mad has nearly drilled a 150 wells in there fields. The aim for each well was only 25 bod. So on average, including the p&a they are pumping roughly 10 bod for each well. Proves the feild isn't as good as the company first thought. The disaster for the company has been the deep impact wells, none of them are commercial, and there's where alot of the share price rise of 2012 was for
 
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Currently unlisted public company.

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