Frontera Share Discussion Threads

[shirley83] 19/4/2018 10:53

Wsek is shorting and going to be badly burnt

[thefozzer] 19/4/2018 10:50

Strange how they all appear at the same time, multi ID's or group emails/twitter messages? Either way, I see through you.

Short at 0.65p to 0.58p, what's that 10% profit and failing...

Dilly dilly

Just a guess

[thefozzer] 19/4/2018 10:47

Wshak...

Tut tut tut...

Dino only tested Zone 9. T45 is testing Zone 9, 14 and 15 and is using the stac and frac method and comingling the producing zones. I don't know what the FRAC size was last time but this time it's appears as though FRR have pulled out the big toys.

FRR are applying new North American techniques to new zones at T45.

Dilly dilly

Just a guess

[shirley83] 19/4/2018 10:45

Looks like pressure building on the share price.. Its about to blow

[bmcb5] 19/4/2018 10:44

Still miss those TMF boards

[thefozzer] 19/4/2018 10:43

Has Log phoned his twitter buddies? Lol

I assume you folks also have shorts from around 0.65?

Just a guess

[wshak] 19/4/2018 10:40

tickboo,

Steve Nicandros explained to me in a one on one conference call over 10 years ago how straightforward the process was to unlock Taribani. I wrote it all up and published with his consent on TMF at the time, unwittingly helping him with his stock promotion.

Sadly the TMF discussion boards are no longer hosted on the internet, for which I'm sure FRR are very grateful.

I know more about FRR and their methods than you ever will. Anyone who invests here is going to lose their money, IMHO.

[tickboo] 19/4/2018 10:35

They'll be testing and we may have news next week. A little early for any info as maybe misleading.

[tickboo] 19/4/2018 10:35

Old techniques and a different team. The oil is there as NS&A testify. It's a case of finally getting it out.

[shirley83] 19/4/2018 10:28

Can see this building the next few days.. Awaiting news

[wshak] 19/4/2018 10:22

#FRR are "pleased" to update on their dino-2 sidetrack drill.



It's only ten years since they last did the same thing. They didn't talk much about sustainable flow rates in the end. I remember it well, even if FRR holders don't.

[shirley83] 19/4/2018 10:08

Results from previous fracking next week.. Exciting times ahead

[peterpowell21] 19/4/2018 10:08

Well a very good RNS yet again.
Also a lot further on than i thought.
I don't know what more the management can do?

But i guess the flow results are what really matter.
But that takes time and we will just have to wait.

Log
Wont be long till you get you 0.65 short price with all this news due.

[thefozzer] 19/4/2018 10:04

Log,

I don't think FRR have done a FRAC this big whilst using the stac and frac method producing from comingled zones.

FRR have certainly not attempted to flow gas from the deeper gas formations. This is new territory for them.

I'm not saying decent results are a given. There is risk here and I hope that Zaza hasn't oversold the prospects.

Just a guess.

[shirley83] 19/4/2018 09:40

Wow what a great RNS.. Hold on thus is going to multi bag from here

[loglorry1] 19/4/2018 09:39

@pp and @fozzer I think the bit you are missing is that it wasn't bad luck that the share price dropped 99% and the number of shares has gone up exponentially to the point where the market cap (or at least EV) is now higher than its been for years.

You seem to think they've had a run of bad luck but that's behind them now.

However go back and take a look and you'll find the same types of people saying the same thing over and over for 20 years only to get rinsed away by the next set of mugs.

I know I know this time it's different.

OK no more posting from me but be careful as some of you do seem half decent chaps and chappeses.

[tickboo] 19/4/2018 09:38

Dino-2 update - Completion of Drilling OperationsFrontera Resources Corporation (AIM: FRR), the European focused oil and gas exploration and production company, is pleased to announce the successful completion of the drilling operations at the Dino-2 well, the second well of the three-well drilling campaign at the Company's Taribani complex, situated within the Block 12 license in Georgia.As previously announced by the Company, the well has been sidetracked from existing wellbore and drilled to a vertical depth of 2700m into the Eldari formation.Drilling and wireline logging data confirmed the presence of 78.8 m of combined pay interval of target Zones 9, 14 and 15.Cement bond logging indicated a consistent bond across all zones of interest which allows for effective containment of the fracturing stimulation. The current bottom hole pressures at Dino-2 are calculated between 6,800 and 7,200 psi.The Company confirms that it has observed a number of oil and gas shows during drilling operations.Drilling highlights include the following:-- Formation gas flow, mud weight reduction and oil at surface while drilling through 2445-2460m (Zone 12) -- Formation gas flow and oil over shakers while drilling through 2520-2540m (Zone 13) -- Increased connection gas and formation gas recorded during drilling past 2570-2600m (Zone 14) -- Elevated background and connection gas during Zone 15 drilling operations -- After setting casing and prior to pumping cement, circulation from the bottom of the well caused oil flows at surface and increased gas presence in the drilling mud resulting in a mud weight reduction from 1.88 SG to 1.20 SG.Rig down started immediately and the drilling rig will be moved to the T-39 well location for commencing the well sidetracking/drilling operations.Once drilling rig is released from the Dino-2 well location, wireline and pressure pumping equipment will be mobilised to the site for perforation and mechanical stimulation of the target zones with further well testing.

[thefozzer] 19/4/2018 09:17

Tickboo,

Why do you think 600bopd?

I'm going off 300-400bopd as this is what Zaza stated recently. Since then the payzone has almost doubled and porosity has slightly increased. Big fracs can increase flow rates by 400-700% but I still think 600bopd is very optimistic.

Anything between 300-400bopd and I'll be doing cartwheels!!!

Just a guess and good luck

[thefozzer] 19/4/2018 09:09

Log, keep posting matey, it's a free world. You just keep repeating the same stuff though about the past. Everything changes.

In just a few days T45 flow rates may be released to the market. Not long to wait.

Ref to Mole, he actually said the company were in very serious trouble during the Outrider issue and was very balanced about the whole thing. He's certainly no ramper.

Just a guess

[peterpowell21] 19/4/2018 09:08

Log

The fact is you are looking for bad news, we for good.
I would say from what i have seen and read our chances are better than yours.
I can understand your thinking, about past results. But who would have bet on Leicester city winning the premiership the other year especially after they only just stayed up the season before.

[tickboo] 19/4/2018 09:03

600 is nearer to 350 than 1,000 so I do contradict myself!

[tickboo] 19/4/2018 09:02

I think if they can't deliver from T-45 and come up with their usual (in the past) excuses it'll tank. Many will run for the hills. I think we'll get meaningful RNSs before 9 May's meeting. I think T-45 will stabilise at 600bopd. Optimistic or what?!

[thefozzer] 19/4/2018 09:02

Log,

The RNS will be very clear with T45 flow rates. There's no getting around it. Any fluff and the market will see through it.

It's happening, companies do actually change and turnaround matey. Dustin's arrival has been a great for the company.

The industry thought America was done as a prolific oil producing nation...how wrong they were...America now looks like it could become the no.1 producer in the world and all because of technology and American know how.

Never count American ingenuity and determination out Log.

Just a guess