FDM freedom oil and gas ltd
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may production data, page-3

  1. Paul100
    3,702 Posts.
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    11/07/12
    18:05
    Post #: 10422140
    Seems like a pretty poor result to me only 635 BOPD. Just more evidence that decline rates are very significant. So 5 new wells needed just to get back to March production or 9% of total wells drilled.

    Or in just 2 months production has declined by 15%.

    Maintaining my overvalued stance
    FDM Price at posting: $1.20 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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