Fremont jumps for joy as Pathfinder field reserves rocket

US-focussed Fremont Petroleum has reported a 98% increase to its estimated reserves at the Pathfinder oil field in Colorado.

Fremont jumps for joy as Pathfinder field reserves rocket Fremont jumps for joy as Pathfinder field reserves rocket Fremont jumps for joy as Pathfinder field reserves rocket Fremont jumps for joy as Pathfinder field reserves rocket Fremont jumps for joy as Pathfinder field reserves rocket

 

The company told the market today its 1C/P90 contingent resources across the field were now 182 million barrels of oil equivalent, which Fremont said was worth US$34 million (A$50.3 million).

  • FREE coverage on the rapidly developing coronavirus pandemic. Visit our COVID-19 hub.
  • Latest COVID-19 Coverage: Govt's COVID-19 Commission under scrutiny. Read more.
  • Latest COVID-19 Coverage: NT throws cash at oil and gas industry. Read more.