Frontera Share Discussion Threads

[jackthelad5] 27/8/2018 21:52

Don't forget to iron your uniform for school for tomorrow Joey boy

[jackthelad5] 27/8/2018 21:51

Few good posts on lse this weekend -

So we know ZM is seeking funding for the next stage of the Field Development programme (I think Niko is a one off). And we know he is looking at reserve based lending as a favoured route. We would all sing his praises if he pulls that one off.

So put yourself in the position of a lender - what security would you want? Try this short list:

- confirmation SOAG/GOGC are fully supportive

- evidence of extended well tests. Ie - that sufficient time has elapsed to understand the most likely stable long term flow rates. Accompanied by historic evidence of likely flow rates in the future

- either a revised CPR, or the evidence that a revised CPR is a formality

- evidence that suggests a customer for the oil output exists, and that a resultant revenue stream will cover the repayment terms agreed

Just a view - but I think a very likely one

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Today is the 56th day of testing so I wouldn’t be surprised if we have an ops update next week which will include all 3 wells. Given Niko did well until the historic cement job halted things after 45 days they clearly need to run it for longer than that before another RNS on T-39. We’re expected to receive half the money for Niko by 1st Sept so unless we hear otherwise we should assume the Mo em has been received. Hopefully we’ll get an RNS confirming zone 19 will be targeted. Hopefully we can an RNS on Mon 3rd or Tuesday 4th with an update on the 4 wells.

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I think the results for T-39 should be at a very good commercial rate and if so this well alone would be transformational for the company. The hope is that T-45 and Dino are also fairly good but T-39 will be the jewel in the crown. With EWT having commenced on 4th July (assuming 60 flow tests) this would take us to sat 1st Sept so possible we get an update from mon 3rd onwards. Reason for 60 days testing hopefully will be to prove to the funder as part of negotiations to fund Niko 1 down to zone 19 (assuming results are good or very good). 60 days required to prove the sustainable flow so fingers crossed we get an update on flow tests and result of negotiations for the funded well down to zone 19. Hopefully not long to wait now gla

[joe king1] 27/8/2018 21:51

jack off is rattled. He knows his time is nearly over as is FRR.

[jackthelad5] 27/8/2018 21:50

rise coming here and with expected good EWT results we're in for a good Sept ;)

[joe king1] 27/8/2018 21:50

Well over 40 ramping posts, all hours, by Fudder over the Bank Holiday Weekend.
Here's some to the extreme.
It sounds like total Desperate.
He's rattled !!



thefozzer - 27 Aug 2018 - 16:33:47 - 17125 of 17130 FRONTERA AND BEYOND - FRR
They'll be throwing money at Georgia...


thefozzer - 27 Aug 2018 - 16:03:40 - 17123 of 17130 FRONTERA AND BEYOND - FRR
The EU banks will be throwing money at FRR

thefozzer - 27 Aug 2018 - 15:30:31 - 17120 of 17130 FRONTERA AND BEYOND - FRR
Zaza couldn't contain himself on T39, his body language was giving the whole game away.

thefozzer - 25 Aug 2018 - 16:34:25 - 17058 of 17130 FRONTERA AND BEYOND - FRR
I'm going to be doing some epic ramping here

thefozzer - 25 Aug 2018 - 10:10:21 - 17047 of 17130 FRONTERA AND BEYOND - FRR
Zaza will soon meet Malcy which could also be taken as a good sign.

[jackthelad5] 27/8/2018 21:49

Tune player is spot on here LOL

Joe, you repeat postings to bury relevant posts or you at a loose end now sumner is coming to an end and there are fewer pedalos for Pedalo Joe to pedal?

Dirk, do you have anything to add? Any info on how to get an LSE login is much appreciated

[jackthelad5] 27/8/2018 21:41

Post from lse --

Those tests.............
Just a recurring thought.

So we know ZM is seeking funding for the next stage of the Field Development programme (I think Niko is a one off). And we know he is looking at reserve based lending as a favoured route. We would all sing his praises if he pulls that one off.

So put yourself in the position of a lender - what security would you want? Try this short list:

- confirmation SOAG/GOGC are fully supportive

- evidence of extended well tests. Ie - that sufficient time has elapsed to understand the most likely stable long term flow rates. Accompanied by historic evidence of likely flow rates in the future

- either a revised CPR, or the evidence that a revised CPR is a formality

- evidence that suggests a customer for the oil output exists, and that a resultant revenue stream will cover the repayment terms agreed

Just a view - but I think a very likely one

[tune player] 27/8/2018 21:25

Where’s stan/dirk?

Is Stan just posting enough to try and blag the good folk on LSE to think he’s away having a good time in Cornwall.

The only good time is for the Cornish boys bouncing up and down on his two fat slags.

Hahahahaha

[jackthelad5] 27/8/2018 21:23

Joey difference with my posts and yours is that you've been posting the same graph for months - BORING!!
secondly your a proven bare faced liar just like Stanley so no one believes you time waster