FDM freedom oil and gas ltd

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  1. 11,400 Posts.
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    So IMO the weak hands were flushed out this morning. Buyers vs Sellers have equalised (from 1:2 this morning) and looks for a promising end to the week with Nash due out (tomorrow) although they only "anticipated" they would be out by then.

    If its big news, could be a TH but I think somewhere in line with blue ridge original reserves would be promising (6million 1p and 25mil 2p, from memory?).

    I do however find the RRC report for February to be bad? Reporting 0 barrels produced for maverick in February (I didnt expect March yet, thus the 0's)

    "Operator Name: MAVERICK PROD. CO., INC., Operator No: 534225
    Statewide Statewide
    Monthly Totals, Jan 2012 - Mar 2012

    Date Oil (BBL) Casinghead (MCF) GW Gas (MCF) Condensate (BBL)
    Jan 2012 25,955 0 0 0
    Feb 2012 0 0 0 0
    Mar 2012 0 0 0 0
    Total 25,955 0 0 0
    "

    But february comes up as only 2 leases open and both produced 0.. (Blakely and Blakely B).. anyone got any insight towards this? Surely a Mistake.
 
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