FDM freedom oil and gas ltd

morgans report of 14/4 on website, page-7

  1. 3,702 Posts.
    lightbulb Created with Sketch. 176
    Adriano

    "As for saying that the company averages 10 -15 bod, is just fanciful, they average more than that. It would be 20 BOD, Which in the scheme of things, isn't very much per well. But it is what it is. Everybody knows that mads production per well is poor compared to peers "

    I use very simpple logic

    BOPD 1499
    Divided by number of active wells 110 to 150

    I really dont care if a significant portion of the active wells are offline waiting for workovers as this is reality.
 
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.

Currently unlisted public company.

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