FDM
Click for more information
0.00% 1.1¢ freedom oil and gas ltd

confirmation, page-42

  1. moreld
    512 Posts.
    clock Created with Sketch.
    27/04/13
    10:21
    Post #: 11692100
    Great post Ben
    A few thoughts,

    While each well costs $250,000 to account for success rate I work on $360k per well, i.e. $250k/0.7

    IIRC those published BOPD figures were gross, so subtract royalty of 25%.

    FDM Price at posting: 67.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

TLX Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
TX3 Canadian fieldwork yields multiple pegmatites for Trinex
right-arrow Created with Sketch.
IMM Immutep reports strong response rate from immunotherapies treating carcinomas
right-arrow Created with Sketch.
NEWS What matters for FY25: Investment; interest rates; inflation & elections
right-arrow Created with Sketch.
FWD Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
right-arrow Created with Sketch.
watchlist Created with Sketch. Add FDM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.