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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 |
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
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(END) Dow Jones Newswires
November 16, 2016 02:00 ET (07:00 GMT)
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