Jan 18 (Reuters) - Freedom Oil and Gas Ltd FDM.AX :
* NOROMA 1 WELL WAS IMPACTED BY HIGH PRESSURE FRAC WATER, WELLBORE COULD NOT BE SALVAGED
* WELLBORE WAS TEMPORARILY ABANDONED EXCEPT FOR TOP-HOLE SECTION WHICH WILL BE REUSED AT A LATER DATE
* FREEDOM AGREED TO OFFSET OPERATOR'S USAGE OF DRILLING RIG FOR APPROXIMATELY 60 DAYS