Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

BRIEF-FREEDOM OIL AND GAS LTD SIGNS CONTRACT WITH PATTERSON-UTI DRILLING COMPANY

Published 07/02/2017, 02:49 am
Updated 07/02/2017, 02:50 am
© Reuters.  BRIEF-FREEDOM OIL AND GAS LTD SIGNS CONTRACT WITH PATTERSON-UTI DRILLING COMPANY

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

* 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 Source text for Eikon: ID:nPn6cXLdfa Further company coverage: FDM.AX

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.