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TeachMeFinance.com - explain Free well Free well The term 'Free well' as it applies to the area of energy can be defined as ' A well drilled and equipped by an assignee as consideration for the assignment of a fractional share of the working interest, commonly under a farm-out agreement'. Previous 5 Terms: free radicals Free rider Free stocks Free Trade Agreement of the Americas (FTAA) Free trade area Next 5 Terms: freeboard Freedom Of Information Act Freedom of Information Act (FOIA) Freedom Of Information Act (Foia) Freedom-to-farm About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.