FDM 0.00% 1.1¢ freedom oil and gas ltd

confirmation, page-41

  1. 167 Posts.
    OK Below is a graph of 4 wells between NOV (10) and JULY (11)
    After which reports on individual wells stopped.

    These wells are...
    West Schneck #127
    Drill Depth: 3,963
    Confirmed Pay Zones: 5

    West Schneck #102
    Drill Depth: 3,882
    Confirmed Pay Zones: 5

    Lee #66
    Drill Depth: 3,430
    Confirmed Pay Zones: 4
    Blakley #206

    Drill Depth: 2,771
    Confirmed Pay Zones: 6




    The obvious ugly duckling is Lee #66 which averaged close to 20 bopd for the period of 9 months. only 5400 barrels of oil... which equates to at the average oil price for 2011 of $100 to $540,000......... and they spent maby 300,000........ thats a $240,000 profit.... and there are 3 more zones up the well...

    if ive made a mistake please let me know.
 
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