Fremont increases oil production

AUSTRALIAN smallcap oil producer Fremont Petroleum will slowly increase its oil production marginally, thanks to the stabilisation of the oil price after April’s record lows.

Fremont increases oil production Fremont increases oil production Fremont increases oil production Fremont increases oil production Fremont increases oil production

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ASX-listed Fremont confirmed a workover program was underway to bring 26 wells in Colorado and Kentucky, US, online and deliver more consistent daily production, which it hopes will give it a revenue