Frontera Share Discussion Threads

[tickboo] 02/3/2018 16:09

*If they can't get this drill right

[dodge city] 02/3/2018 16:07

If you believe the hype then the well could exceed expectations.

[tickboo] 02/3/2018 16:04

If they can get this drill right it'll look bleak to say the least as although 3 other drills are financed this is meant to be the most straightforward. I'd have a cheeky punt but then I am a gambler. I have finally invested in another co, only a token sum but bought 10,000 VLS to go with a lot of WAND and FRR. WAND is the safest and worth a look.

[bumpa33] 02/3/2018 15:52

maybe time drawing close then Tickboo - i reckon this is one to sit on the sidelines, as i suspect whichever way it goes, the nimble will get a chance to jump in.

[bumpa33] 02/3/2018 15:50

ha! I wonder if they do the Mc Duster?

[peterpowell21] 02/3/2018 15:50

tickboo

Thanks for the update.
It looks very positive.
Just a matter of waiting and seeing if this is as good as we are led.

[tickboo] 02/3/2018 15:49

There's 4 near the centre as I'm sure he checked out before agreeing to go over. McDonald's, Tbilisi: See 83 unbiased reviews of McDonald's, rated 3.5 of 5 on TripAdvisor and ranked #231 of 894 restaurants in Tbilisi.

[tickboo] 02/3/2018 15:47

Seems that way and the rig will be redeployed to Dino. RNS next week perhaps. Gotta be worth a punt for those not in. Or if you think it'll flop a short as either way it will move fairly heavily in either direction depending on its success or failure.

[bumpa33] 02/3/2018 15:47

Beaufort have been at it for years, no surprises their time is up.

[bumpa33] 02/3/2018 15:46

is this finally Frontera's time?

Can Georgia finally breath easy over all it's energy needs?

Did Malcy find a local Maccy D?



Tune in next week.

[dodge city] 02/3/2018 15:42

Tick
So fraccing about to start, news next week.

[tickboo] 02/3/2018 15:38

Malcy's blog -I have recently visited Georgia where I met with all levels of local management and also spent a day visiting the operations at the Taribani field including the currently operating T-45 well. I will write more about my time with the company when this well has completed and the final details are known but my visit was perfectly timed as every sign is that this well, and therefore quite possibly all three in the programme, may have a meaningful implication for both FRR and Georgia.Tuesday's announcement from T-45 was in itself very positive with news of the completion of open hole well logging which had deepened the well to 2,700m. The oil stained cuttings at 2460-2475m were confirmed to be within a 14.9m combined pay interval of Zone 13, further good news. This is a further developed pay section in addition to the original Zone 9, 14 and 15 targets and it should be remembered that Zone 13 was not included in the base case when the reservoir modelling was done.The casing should now have been set and I would expect the rig to be de-mobilised in the next few days so that the well can be perforated and the frac job can be started, after which time production can be ascertained and oil from the appropriate zones can be co-mingled and brought to surface. Although nothing can be taken for granted at this stage, it is clear that very 'live' oil flowed back in substantial quantities with the mud and that it is therefore highly likely that this well has indeed exceeded management's expectations.

[peterpowell21] 02/3/2018 15:31

Fozz

I don't think it a great time to trade NUGO.
Just read that they have a new broker and they have not had the placing money off Beaufort yet, so do not know where they stand. The thing is if this placing has to be placed again will the new placing have to be discounted again from the already discounted placeing. Its a mess over there.

[thefozzer] 02/3/2018 09:50

Yep I see little movement in the share price untill T45 results are in.

Best of luck to fellow shareholders, i can see the light.

Fingers crossed and all that jazz. Massive few weeks for the company.

Just an opinion

[tickboo] 02/3/2018 09:41

I think most have their positions and are awaiting T-45 stimulation which should be in a day or so once the cement is dry and results that will follow. Then the rig moves to Dino and maybe the pumps to ud-2. Also with 4 MMs on at 0.47 and 2 and 0.5 it's unlikely to breach support. Who knows but if T-45 is a good'n onwards and upwards. If it fails FRR will struggle.

[highasashite] 02/3/2018 09:31

Lots of big sells going through. Most with common sense know this share is a bag of spanners, so dumping their load before it's worth less than it is already.

Smart folk are reading this board and taking this good advice on board .

SELL folks, it's going down big time.

[highasashite] 02/3/2018 09:08

FRR going to red soon.

Sub 4's will see the sheep panic, sub 3's will be so much fun.

[thefozzer] 02/3/2018 09:01

Seeing as we are off topic had another nibble of NUOG for a trade. Looking for a bounce to 1.43

The share that keeps giving

Just an opinion

[peterpowell21] 02/3/2018 08:44

They could not have been making enough money, lol