Share Name Share Symbol Market Type Share ISIN Share Description
Frontera Resources Corporation 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
  +0.02p +4.04% 0.515p 0.50p 0.53p 0.54p 0.49p 0.495p 90,188,903 14:36:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 2.5 -19.1 0.3 1.7 74.66

Frontera Share Discussion Threads

Showing 28376 to 28392 of 28400 messages
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DateSubjectAuthorDiscuss
13/12/2017
20:53
Re posted from LSE Hemetite drilling mud additive PDMS not clutching at anything just trying to understand the problem they have. This article is interesting and explains a lot http://petrowiki.org/Drilling_induced_formation_damagem I think to say it's normal is wrong. If the mud had not invaded the formation more than a tiny amount then the perforations would have bypassed that. This is the normal situation and is referred to as mud cake formation a good thing. What we have here is worse since it seems there is some formation damage as the mud and hematite it contains has infiltrated the formation. The extent of which I don't know and it may well be repairable. It is also true that it can't be repaired in some cases. Interestingly it is possible that this sort of problem can occur with drilling that is either too overbalanced. We know the well is high pressure so perhaps the soviet crew over did the mud weight?
loglorry1
13/12/2017
16:17
Lol but when asked to provide more info on that he said he heard it on a conference call. It's not in any RNS. Probably where Zaza got the idea from.
loglorry1
13/12/2017
16:07
Just caught up on some of the posts and this was interesting from LSE. Off out now and will check back tomorrow - Docisacoc Yesterday you were using Sound Energy to deramp FRR and are now saying FRR are using Hematite as an excuse. No one could get Tendrara to flow before Sound and Schlumberger. They said that this was due to Barite being used by previous operators. With advances in drilling they made this problem disappear and got 9 scuffs from TE6 and 32 scuffs from TE7 (from memory). It is clear that old techniques created issues that can be overcome. If FRR can do the same here UD2 will flow.
tickboo
13/12/2017
13:28
Not sure Bumpa but it does have the advantage that you can say what you like on a podcast.
loglorry1
13/12/2017
13:24
I wonder if a podcast is cheaper than an RNS.
bumpa33
13/12/2017
13:20
Apparently they are waiting for a shipment of Jeyes fluid.
dodge city
13/12/2017
13:16
Another rampy podcast by Zaza there. The current excuse is that Hematite used by previous operators is blocking the flow of gas but that is getting cleaned up. When I looked it up Hermatite is added to drilling mud and is ground up ferrous materials (used to add weight). The particle size of it seems to be in the 30-50 micron range. I do wonder how that can block the perforations which must be much bigger.
loglorry1
13/12/2017
12:22
Log - last half year (June 30) they recorded a $11.4m net loss. Nearly 6 months on, taking the raises and whatever they may have received from arbitration into account, they still must surely be running on empty again by now?
bumpa33
13/12/2017
12:07
Zaza has been talking about 15-20scuffs of the record. 1-2 scuff won't be commercial. If it's that low then we can expect a pretty big decline curve over time too. Zaza has been promising 5.8TCF of recoverable. If each well chucks out 1scuff then that's going to take a million years to produce! Also the rate has to justify the pipeline and any work they need to do to upgrade processing of the gas. I think folk are forgetting here the level of debt at FRR and how much it costs to service. They're going to need a very very good result from UD2 to give them any chance of even servicing their debt.
loglorry1
13/12/2017
10:54
@tickboo what I meant was that they are now talking on LSE of no news on UD2 until mid January. That's 3 months since perf and stimulation was confirmed. The last update wasn't an update at all it was a load of nonsense. Just holding pattern puff to sell more shares. You say "they're still cleaning it which isn't uncommon." can you give any examples of this or are you just repeating the guff on LSE that this is normal. I can't find any instances where a company has been in cleanup mode for this long without giving any flow rates at all.
loglorry1
13/12/2017
10:26
They ain't all nuts Log, it's an orchestrated ramping gang and judging by the geographical location of the main protagonists, I've a pretty good idea where it's instigated from. The FCA are on this, whether it goes the whole way is another matter.
bumpa33
13/12/2017
10:26
Log, they perforated the well at the end of October and they're still cleaning it which isn't uncommon. It's clearly taken longer than he envisaged but this is an O&G company. We have had news on the quality of the gas but they have not been able to get a sustainable gas flow due to the hematite which isn't too surprising either. Could get news in the next 10 days and they'll then move onto the next zone. No point in repeating the same stuff, may as well see where we are at the end of the year. 3 months, you talk rubbish, it's been a little over 2 weeks since the ud-2 update which was probably a month after the initial testing.
tickboo
13/12/2017
10:06
Absolutely Bumpa33. I posted a bit there yesterday and can safely say they are totally nuts. I posted the 121 conference link where Zaza clearly stated testing finished at UD2 would be in 2 weeks and that was six weeks ago. They just argued in their usual silly way saying that he mean the oil or something. Totally nuts! They then just went on to say that January was probably the right time to get the gas result because they needed time to do it. So they claim 3 months to clean up and flow test a gas well and no news in the interim! All just total nuts. Anyway they'll learn the hard way as many before them have with FRR.
loglorry1
13/12/2017
09:54
Looks like the LSE gang are directing the sheep to concentrate on the oil now, guess the gas will be quietly shoved under the carpet...
bumpa33
12/12/2017
21:55
Puddy, don't rise to the bait mate...
bugsy b
12/12/2017
21:33
Joe you very good meet me for a straightener come on
puddy54
12/12/2017
21:25
Whatever. Ok, decided i'll not wind you up any more, you bit back very well. All the best.
joe king1
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