AXP Energy Ltd - Company Profile
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AXP Energy Ltd (AXP), formerly known as Fremont Petroleum Corp Ltd, is an energy company that acquires, explores, develops and produces oil and natural gas in the US. Presence in prolific oil and gas basin in North America and substantial well inventory are the company’s major strengths, whereas the presence of idle leases remains a cause for concern. Growth potential for unconventional oil and gas and growing demand for natural gas and oil in the US are likely to offer growth opportunities to the company. However, fluctuations in oil and gas prices, labor costs in the US and operational risks could affect its business operations.
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