FPPL- 11 oil/gas leases. Ready start drilling prog. shortly w/11 leases in the strongest areas of Colorado/NMexico, this company ready. Other peer co.s w/only 1-3 leases and much less acreage trading at 4-6 times greater @ .04-.10. Only difference is these companies did PR's about 1 well or 2 being started. With summer near, the snow melt will allow FPPL to proceed with drilling program and development. Looking for PR out nearterm.
11 oil/gas leases is huge. Plus chart setting up nicely as well, with low volume sell off and then late day bigger block buys at .0155
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