MARKETS

Fremont betting on gas

AFTER good early showings, Fremont Petroleum’s Bird well has hit snags and the company is now undertaking austerity measures as it raises capital to develop its huge Colorado Pathfinder gas project.

Pathfinder operations.

Pathfinder operations.

Fremont's petroleum production is relatively low, but it has great hopes for its gas.    Fremont says it has implemented an austerity program to ensure monthly operating costs will be covered by oil...

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