Frontera Share Discussion Threads

[thefozzer] 26/8/2018 20:30

I think 450bopd from the 3 T wells is a good target Loggy. All eyes on T39.

The outrider debt is due in 2 years time Loggy. If the deeper zones are a success and FRR drill another 10 wells next year that could be an extra 2500-5000bopd or $60m or $120m in revs. The debt is not an issue if the deeper zones flow and don't decline.

Just a view.

[jackthelad5] 26/8/2018 20:27

We'll soon see won't we - perfectly realistic target from where I'm looking

[loglorry1] 26/8/2018 20:19

@jack it's not realistic and even if it was it makes no difference. It won't even come close to paying down the debt in time at which point if there was anything valuable the debt holders get it.

[jackthelad5] 26/8/2018 17:29

Looking to add more here too and yes zaza is absolutely buzzing about T-39 - anyone can see that. Log no one here is certainly suggesting 5000bpd! 450-600 bpd is certainly not ramping - just a very realistic target.

[loglorry1] 26/8/2018 17:22

@fozzy you are making the mistake that these guys are being straight with you in the first place. Even @tickboo thinks they tell porkies.

[thefozzer] 26/8/2018 17:12

Niko seized up after 45 days so Zaza needs to be sure that T39 doesn't do the same.

0.50p on a good result? You can buy some more eh :-)

[thefozzer] 26/8/2018 17:10

Loggy,

Zaza has been shouting from the hilltops ref T39, just see the latest LSE podcast and WHI report.

Few more weeks for an update. I may add another mil next week :-)

[thefozzer] 26/8/2018 15:50

My estimates are

100bopd from T45
100bopd from Dino
250bopd from T39

450bopd = $10m+ in revs PA. Not bad considering the current m/cap is about $50m.

Back to the 0.50s indeed Jack.

Whoooosh....

[jackthelad5] 26/8/2018 15:46

Boom boom time indeed back to 0.5s in no time at all even if T-39 results very good and the other 2 just ok. Personally my gut feeling is that after 60 days of testing T-39 will show sustainable flow of 250-300 bopd and T-45 and Dino 100-150 bopd. So a combined figure of between 450-600 bopd would prove commercial volume and be transformational. So we may not need that can of WD40 after all Stanley

[thefozzer] 26/8/2018 15:22

Despite what SJW's think here the two directors have a serious stock holding and only stand to make a real return if the shareprice goes up.

Whoooosh...

[thefozzer] 26/8/2018 15:13

76.13 current oil price.

Must be banking at least 50 bucks free capital per barrel eh Loggy.

Happy days if T39 does 250bopd.

[thefozzer] 26/8/2018 15:10

If Dino and T45 do drop off but T39 shows no sign of decline all will be forgiven by the market Loggy.

Boom boom time coming?

[thefozzer] 26/8/2018 15:08

Loggy,

It was clear for those that attended the investor meeting that all 3 T wells would be released together.

FWIW I think T39 is going to be transformational for shareholders.

Couple more weeks and I think the market will get an update.

[loglorry1] 26/8/2018 13:32

I'm unsure how you can fudge a 60 day+ EWT.
----------------

You should because they've done it on T45 and Dino 2. They even did it at UD2 first time they tested it about 4 years ago. What happens is this "......." It just all goes quiet, is forgotten about and replaced by hope and further promises about something else.

If YA are being paid from oil revenues tell us what they are? You think if FRR is standing on its own 2 feet for the first time in history it's not worth an RNS? They are not issuing shares cos they can't not cos they don't need to. They might get a keep the lights on placing done once enough if a short position is built up.

[loglorry1] 26/8/2018 13:32

I'm unsure how you can fudge a 60 day+ EWT.
----------------

You should because they've done it on T45 and Dino 2. They even did it at UD2 first time they tested it about 4 years ago. What happens is this "......." It just all goes quiet, is forgotten about and replaced by hope and further promises about something else.

If YA are being paid from oil revenues tell us what they are? You think if FRR is standing on its own 2 feet for the first time in history it's not worth an RNS? They are not issuing shares cos they can't not cos they don't need to. They might get a keep the lights on placing done once enough if a short position is built up.

[thefozzer] 26/8/2018 12:46

spotted satan I think your pet maggots have deserted you now the bears have had their day here - time to move over for the bulls
____________________________________________________________________________

I don't want to put words in Loggy's mouth but I get a sense that even he thinks T39 may come good.

Whoop whoop...bring on the results and get that sentiment back!

[jackthelad5] 26/8/2018 11:55

spotted satan I think your pet maggots have deserted you now the bears have had their day here - time to move over for the bulls