Fremont Petroleum Corporation Ltd. reported that a 21-well workover program has commenced on the 100%-owned Trey Exploration leases that were acquired in October 2020. As reported, Trey Exploration production averages ~71 barrels of oil per day from its leases in Kentucky, Indiana and Illinois from ~115 conventional oil wells, many of which are inactive and others that can be worked over to enhance current production. Chemical treatments, acid jobs, mechanical and electrical works and some low-cost refracturing of well bores is being undertaken. Work will initially focus on the Knox County leases in Indiana where Trey owns and operates seven oil producing leases/units with 24 producing wells, 9 injection wells, and 16 inactive wells, most of which have potential for primary and secondary oil recovery. The Trey leases in Southern Knox County is one of the largest under developed tracts of land in a traditional oil fairway remaining in the Illinois Basin and FPL sees considerable production upside here. The focus now is on delivering early production gains from this initial workover program with first results to be reported at the end of January.