FDM freedom oil and gas ltd
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Feb 6 (Reuters) - Freedom Oil And Gas Ltd (FDM) : PRESS RELEASE...

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    07/02/17
    02:50
    Post #: 22413992

    Feb 6 (Reuters) - Freedom Oil And Gas Ltd (FDM) :

    • PRESS RELEASE - FREEDOM CONTRACTS WITH PATTERSON-UTI DRILLING FOR HORIZONTAL DRILLING PROGRAM IN EAGLE FORD SHALE
    • FREEDOM OIL AND GAS LTD SAYS SIGNING OF A CONTRACT WITH PATTERSON-UTI DRILLING COMPANY FOR DRILLING OF TWO WELLS IN EAGLE FORD SHALE
    • FREEDOM OIL AND GAS LTD- ESTIMATES INITIAL WELL COST OF ABOUT $5 MILLION SHOULD DECLINE TO AROUND $4 MILLION PER WELL ONCE FULL DEVELOPMENT PROGRAM IS UNDERWAY
    • FREEDOM OIL AND GAS - PATTERSON RIG IS CURRENTLY DRILLING ABOUT 50 MILES FROM CO'S ACREAGE, IS EXPECTED TO MOBILIZE TO FIRST CO'S DRILLING LOCATION IN APRIL
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