Freedom Holding Inc. (FHLD)

[Makesomemoney]

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Freedom Financial Holdings Announces Additional Acreage in Kansas
03/30/2009
Freedom Financial Holdings Inc. announced that the Company has added an additional 76 acre lease in Southeastern Kansas. The one missing ingredient is KC-9000, the company's proprietary Heavy Oil technology. This additional lease is more acreage just like the 160 acres previously announced. Located in the same area just across the highway, this property, even though it's smaller, could offer just as much or more potential oil recovery as the 160 acres. The additional lease has approximately 35-40 drilled wells less than 200 feet deep,' continued Kistler. The key to the shallow oil, since there is not enough natural pressure, is a catalyst being introduced to push the oil to the well bores. KC-9000 does just that. The unique behavior of KC-9000 allows the technology to be administered from the surface. It penetrates the wells static head reaching the formation and releasing the surface tension of the oil. This action creates gas pressure in the formation that assists in pushing the oil to the well bores.