Frontera Share Discussion Threads

[thefozzer] 05/9/2018 11:26

Loggy,

Just for the record I won't take any personal pleasure when you lose money here.

Good luck with GKP, I'm looking at making a few K over there.

[mick1909] 05/9/2018 11:25

BP in GeorgiaVery interesting articlehttps://welcome.bp.com/georgia-role-in-transporting-oil-and-gas-to-europe/the article talks about Georgia playing a transit Role in oil and gas. Looks like this is about to change!!! quite handy having a new $2 billion oil and gas infrastructure on the doorstep

[mick1909] 05/9/2018 11:24

Fair enough good luck to you and loggy theres money to be made for all of us if timed correctly

[thefozzer] 05/9/2018 11:24

Stanley, you've been moaning for months that FRR aren't up to the job to fully exploit B12. Guess what, you're correct, hence two Major oil companies looking at doing a deal with FRR. One of those majors is probably the biggest oil company in the world...EXXON.

[letmepass] 05/9/2018 11:22

As previously announced by the Company on 29 June 2018, the well T-39, the third well of the three-well drilling and testing campaign at the Company's Taribani complex situated within the Block 12 license in Georgia, has been sidetracked from the existing wellbore and drilled to a vertical depth of 3056m into the Miocene aged Eldari B formation. Total net pay of 132m has been calculated for penetrated four oil bearing sandstones, Zones 9, 14, 15 and 19.

[thefozzer] 05/9/2018 11:22

Not so fast Dodge. The share price did 80% the other day, it's drifted 15% which is normally but don't be surprised to see it move forward again sharpish.

I think a deal will be done in the next 4 months, soon as the EWT are done a deal will be made for the oil and gas.

[satanslave] 05/9/2018 11:20

meanwhile. .over 20 years later. ..
do we have oil or gas yet Mr Dross & Clone?
Errr. .Nope. .give us another 10 more years & £100 million. .and maybe. .only maybe then. .OK?

[thefozzer] 05/9/2018 11:18

Yeah, for a pro Loggy makes some very basic trading mistakes. I hope he's learned this time around?

Loggy your Story was very entertaining but kind of misses the point. Why pump the price if there's no placing? Makes no sense. What does make sense and is real is that major oil and gas companies (including Exxon) are looking at exploration and production in Georgia.

[dodge city] 05/9/2018 11:18

The big news is over, the drip drip drip is on.

[bumpa33] 05/9/2018 11:18

I never use stop losses. I trade full time.

[dodge city] 05/9/2018 11:17

Hey cudmore, how's your AST doing.

[mick1909] 05/9/2018 11:10

Bumpa do you use stop losses on shorts?

[cudmore] 05/9/2018 11:06

All the derampers lol.....doesn’t seem to be deterring the buyers though!!

[loglorry1] 05/9/2018 11:04

Thanks Mick that's about right except now it seems not even any flows from the wells and no money for Niko-1.

[bumpa33] 05/9/2018 11:03

nothing ever happens fast with FRR.

You’ll be waiting, months and months and months - all for nothing.

[cudmore] 05/9/2018 11:03

The mms want the shares!!!

[thefozzer] 05/9/2018 10:56

You keep forgetting the Georgian Government in all this...

Anyway, I think things will happen fairly fast here, so it'll be soon over for you.

[thefozzer] 05/9/2018 10:55

Don't forget to pay a little extra for your stop Loggy.

All the while YA are continued to be paid, you were wrong on that one too.

[bumpa33] 05/9/2018 10:49

you cynic log :)

[loglorry1] 05/9/2018 10:47

Zaza: "Hey dross this is looking a bit grim. All those bloody wells have silted up again and all we've got is a dribble. Meanwhile I've got angry investors asking me WTF and YA breathing down my neck. I'm out of cash and nobody wants to buy the paper."

Dross: "Ummm this is going to take some serious spin. Did you see what BPC got away with when they announced that an oil major had taken a look at their data?"

Zaza: "Good idea. I've got a few contacts on speed dial. I'll see if they want to take a look at the data and mention a possible transaction if they are interested."

Dross: "That's my boy".

Zaza: "Good news they said they'd take a look. I've emailed them back and said hopefully if they like it we can work out a deal".

Dross: "Get that email over to the boys at Cairn and let's get to work on the RNS".

[tickboo] 05/9/2018 10:36

Satan, if YA weren't being paid in cash and more shares were being issued there would be an RNS as there has been when we've been diluted. The RNS said YA will be paid in cash but there is an option to dilute but this hasn't happened yet.Some of you said there was no one interested and it would have to be RNS'd, now that's happened you still think it's bullocks. We know for a fact Exxon were in Georgia and had meetings with the Georgian gov at the time ud-2 was being worked on. Pretty obvious they're one, the other could be Repsol or who knows but they've been to management meetings and many site visits so it's happened. Often the parties are not named in NDAs.My guess is Niko won't be worked on, perhaps the majors want that to be suspended while they are looking at the data, conduct their own modelling (Exxon's best in the world) and may want Niko as part of the deal. Or perhaps the investor wants more time to see zone 19 play out before committing. We could be a way off a deal but it could be soon and remember the gas volume at T-39 was increasing and remember that was impressive and without stimulation, 250bopd though a 3mm choke too.

[mick1909] 05/9/2018 10:36

That's what they do talk it down to fear people into selling for their gain some of the bulls are guilty for talking it up ridiculously but alot of the aim traders dont look at any fundamentals of a company or past history and purely base their investment decision on charts and it does look like a higher high will be formed jmo