Frontera Share Discussion Threads

[thefozzer] 24/2/2018 18:35

HAS, dont look back in anger my friend. I don't.

It's taken Frontera a long time to get to this point, I'm envious of new market particpants getting in at this stage of Frontera's development story. The next few weeks and months are potentially transformational for the company and share price.

I've made tens of thousands off Frontera. Much better than bank interest rates :-)

Just an opinion.

[thefozzer] 24/2/2018 18:29

It's the gas that really interests me though...

Cove sold its 8.5% stake of offshore 30tcf gas "resources" for $1.9b. FRR have 100% of potentially 9tcf gas onshore...

The mind boggles!

Just an opinion

[thefozzer] 24/2/2018 18:15

Also worth a mention that Frontera have 250 oil well locations already identifed for a ten year oil campaign. The cash generated from 250 wells is huge and would make Frontera worth Billions. Let's be honest though, I think Frontera will have sold its Georgian asset long before the ten year oil campaign is up. In fact, I would be surprised if Frontera hasn't been bought out in 24-36 months.

Just an opinion.

[thefozzer] 24/2/2018 17:55

The probability that Zaza's itch is right is so infinitesimally small that we might just as well consider it to be zero
_______________________________________

If you're stating that there's no proof of any oil at the Taribani field and then T45 flows sustained flows of 300-400 bopd from zones 9, 14 and 15 then I hope you'll concede that you were wrong Jack? Your view is in complete contradiction to HAS whom claims the oil is priced in. All three of us hold different views. These views make the market and make the share price. One of the stock markets virtues is it really is pure democracy. Participants vote with their buys and sells.

Frontera owe $25m in 2.5 years Jack. This sum will be peanuts if the wells produce at Taribani. In 2.5 years we could have 25 oil wells generating revenues of $190m a year.

Just an opinion.

[thefozzer] 24/2/2018 16:40

Just to add I think the company is keen to see the back of YA. The company owes YA 2m after their current arrangement comes to an end in June. I think FRR will pay them off with revenues from the oil.

I'm also expecting a consolidation towards the year maybe around November. There's just too many shares in issue for a company trying to be a mid tier oil company.

All I'll say to the doubters is that the past is really just that, the past.
What's important is the now and future.

In 3 weeks we'll know if the team do walk the walk.

Follow the money...diector conversions at 1p, Zaza's recent one million gbp share buy and thr City of London's 1.5m gbp buy locked in for six months.

Just an opinion.

[thefozzer] 24/2/2018 16:21

HAS,

I don't think the oil results are priced in at all. There is definitely a level of expectation for the oil which is seen the low hanging fruit. However, if T45 is success it unlocks the Taribani field and the 155m barrels of oil there. This would simply be transformational for the company and its market worth. Say T45 is a success then the rest of the wells will get de-risked. Frontera plan to drill 7 oil wells this year of which 3 are fully funded.

FAG packet sums 7 wells x 350 bopd = 2450 bopd x $60 a barrel = $147,000 per day or $53 million per year.

Then we have Ud2 results, say Ud2 flows at 3mmcfpd from zone F that's worth around $8.5m per year but more importantly a good result acts as a play opener for the vast gas resources situated on block 12. Don't forget V18 is planned after Ud2.

I personally see this over 1p on T45 results and If all four wells prove a success I see the share price over 2p and posssibly over 3p.

If you want my completely honest opinion I think Big Oil are waiting in the wings and awaiting the gas/oil results.

I think 0.50p is a good entry, the risk is at the well head.

Just an opinion.

[highasashite] 24/2/2018 14:55

The problem this share has is the market has already priced in drill results.
So, if good, it will fall, if bad it will fall very heavily.

How much more dilution will occur, lots of new shares being prepped on the printing press I bet!

[peterpowell21] 23/2/2018 16:11

looking good here.
also cheap.

[bionictwat] 23/2/2018 09:38

Zioc about to go higher, pending news with Glencore any day and it's past 30p GET IN NOW

[thefozzer] 23/2/2018 07:37

The revolutionary USA drilling and frac techniques are a very recent phenomenon. Dustin is now bringing those US techniques to Frontera's B12. It was game over at the Permian basin in 2008, now the field rivals the house of Saud thanks to US technology.



3 or so weeks and we find out if Dustin walks the walk. I can handle 3 more weeks from the potting shed heros.

Just an opinion.

[thefozzer] 22/2/2018 19:36

Log, what we say here has zero impact on the share price. I'm just dropping by till we hit 1.5p to chew the fat. You all seemed to be having such a love fest over here i couldnt resist.

Don't worry I will be gone at 1.5p from this board and jack, high and his student mates can theorise about the 1.5m city buy.

Toddle pip for now old boy.

Just an opinion

[mick1909] 22/2/2018 18:28

Could be right there foz a bit of counselling would do the trick

[thefozzer] 22/2/2018 18:12

Mick, high has been a victim of severe bullying during his childhood. I actually feel slightly sorry for him. He has a severe personality disorder. I hope he wakes up one day. Life is beautiful.

Just an opinion.

[thefozzer] 22/2/2018 18:09

Log, you really are talking utter nonsense. The placement was underwritten and the underwriter gets a fee for underwriting the placement. That 200k gbp sell last week was the underwriters shares being dumped. They made their fees from the commission.

Zaza and Dustin met with the City shortly after meeting with pi's . The City liked what Dustin told and showed them and they handed over a cool 1.5m and commited to the four well campaign.

We can keep going back and forth for the next 3 weeks but next month full results will be known. I know you and bump bought in the PB and are holding for 1p. High and his student loan chancers are just a bunch of immature spotted youths. Don't worry at 1.5p I'll leave the board and I'll leave you to your conspiracy theories as to why the City bought 1.5m on the eve of a four well drilling campaign.

T45 looking very good so far.

Just an opinion.

[thefozzer] 22/2/2018 17:56

Lads, I doubled down when the directors converted. I'm quids in now.

Jack, high, Mr M and joking have all been posting like big Sallys on here when there shorts didn't go according to plan. No class and so transparent.

Don't follow Twitter tipsters lads, follow the informed money, the smart money, the London City money.

Toot toot.

See you at 1p.

Just an opinion.

[loglorry1] 22/2/2018 17:56

Thefozzer if I borrow £1.5m of shares from Zaza sell them in the market then a week later buy £1.5m shares from FRR in a placing and give them back to Zaza then neither Zaza or I have anymore shares and I don't ever need to sell. Any lock ins don't matter.

That's how it works. I'm sure you'll waffle about some other rubbish.

Now can you get back to ramping. You promised me I could sell at 1p. Get on with it.