✕
OPERATIONS

Fremont works at aggressive cost cutting after $7.9M loss 

FREMONT Petroleum has released its half yearly report ending December 2017, and said a A$2 million placement has 'significantly strengthened' its finances. 

Carmen Allan-Patale
Florence, Colorado

Florence, Colorado

Fremont is working to produce a positive cash flow, thanks to ‘aggressive cost cutting'.    However, its losses before tax hit just over $7.9 million, a significant rise on the $1.3 million it reported...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

MOST POPULAR

1
OPERATIONS

Santos shows financial grunt in testing times

2
OPERATIONS

Santos plans to decommission Simpson field permanently

3
OPERATIONS

High Court to rule on Chevron vs CKJV legal saga

4
MARKETS

This Week's ASX Wrap: Triangle Energy; Brookside Energy; Genex Power, and more

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

Content
About
Solutions
Legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902

Login