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FRR Frontera Res

0.2875
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frontera Res LSE:FRR London Ordinary Share KYG368131069 ORD SHS USD0.00004 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.2875 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Frontera Resources Corporation Republic of Moldova Hydrocarbon Bid Winner (2755P)

16/11/2016 7:00am

UK Regulatory


Frontera (LSE:FRR)
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TIDMFRR

RNS Number : 2755P

Frontera Resources Corporation

16 November 2016

Houston, Texas, U.S.A. - 16 November 2016

Frontera Resources Corporation

("Company")

Frontera Wins Bidding for Hydrocarbons Exploration and Development in the Republic of Moldova

Frontera Resources Corporation (AIM: FRR), an independent oil and gas exploration and production company, announces that its fully owned subsidiary Frontera Resources International LLC has been chosen as winner of the bidding for exploration and production of hydrocarbons in the Republic of Moldova.

Following completion of the bidding, Frontera Resources International LLC and the Government of Moldova are set to conclude respective agreements on the hydrocarbons exploration and development. These agreements are subject to both Frontera Resources International LLC and the Government of Moldova negotiating suitable terms for the exploration and development of hydrocarbons outlined in the initial bidding process.

The bidding was conducted by the Agency of Geology and Mineral Resources of the Ministry of Environment of the Republic of Moldova pursuant to the resolution of the Government of the Republic of Moldova.

The Company will inform the market in due course on further developments.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries:

Frontera Resources Corporation

Jesse Jefferies

+1 (713) 585-3216

info@fronteraresources.com

Financial PR/IR:

Abchurch

George Robinson / Rebecca Clube

+44 (0) 20 7398 7700

fronterainfo@abchurch-group.com

Nominated Adviser

Cairn Financial Advisers LLP

+44 (0) 20 7213 0880

Jo Turner/ Liam Murray

Broker

Cornhill Capital Limited

Nick Bealer

+44 (0) 207 710 9610

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBABTTMBABTAF

(END) Dow Jones Newswires

November 16, 2016 02:00 ET (07:00 GMT)

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