Fremont Petroleum Corporation Ltd. reported further production gains from its workover program and provide an update on new production opportunities being pursued in the Illinois Basin. As reported on 6 August, workovers are being performed on an initial 26 wells in Colorado and Kentucky to deliver more consistent oil production. Two workovers (out of a planned 14) have been completed in Colorado and production has increased to 30 barrels per day (previously 20 barrels per day on 6 Aug). Workovers are ongoing and more production gains are anticipated. Some additional `flush' production has occurred due to pressure build up from the wells being shut in for an extended period. As such, oil inventory in the collection tanks has increased to 2,434 barrels, valued at $103,000 1 (previously $56,700 on 6 Aug), which will be sold once tank volumes reach the minimum collection levels. The Company is pursuing growth in two ways - enhancing the performance of its current wells through workovers, and acquiring and assume operatorship of long-life conventional oil & gas wells in the Illinois Basin to fast-track revenue growth. An update on the Kentucky workover plan and growth strategy will be reported shortly as will details on more acquisition opportunities with the deal flow pipeline building favourably. Completing the Trey acquisition is a priority.