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0.00% 1.1¢ freedom oil and gas ltd

Found the answer to your question; "Under the terms of the...

  1. Gull1234
    240 Posts.
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    04/12/12
    17:29
    Post #: 11146013
    Found the answer to your question; "Under the terms of the agreement, Gulf South must initially prepay in full a 36 well commitment
    (equating to $9m) and must then pay a month in advance for each successive month of drilling to
    continue through the 400 well program."
    I believe that is what is meant by the prepaying by Gulf
    FDM Price at posting: 88.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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