FDM freedom oil and gas ltd
Add to My Watchlist 0.00% ! 1.1¢

Good post Ben. I agree with you, and I'm not concerned about the...

  1. sharks37
    8,720 Posts.
    lightbulb Created with Sketch. 81
    clock Created with Sketch.
    04/05/13
    12:22
    Post #: 11722258
    Good post Ben. I agree with you, and I'm not concerned about the production declines as I've previously stated.

    My main concern is around the number of wells shut-in for workover, and the growing number of wells and therefore the frequency of maintenance required to maintain them at a reasonable level of uptime. You would think with 13 workover rigs they could maintain the wells at a higher uptime across the board, but they're not.

    Cheers, Sharks.
    FDM Price at posting: 60.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Significant gold intercepts below Samat and Sorowar pits in resource drilling update
right-arrow Created with Sketch.
NEWS Blue Moon first wedge hole intersects 543g/t gold over 1.2m in laminated quartz vein
right-arrow Created with Sketch.
NEWS Rincon Lithium Project to be powered by 40MW energy infrastructure
right-arrow Created with Sketch.
NUZ Positive FDA feedback on NUZ-001 strategy to lift clinical hold
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
right-arrow Created with Sketch.
NEWS Activeport Secures Network Transformation Contract with Ishan Technologies
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

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