Frontera Share Discussion Threads

[thefozzer] 05/9/2018 20:46

@fozzy you say that 2 oil companies "want to do a deal" but the RNS doesn't state that at all. I think what is true is what's in the RNS which is that they've signed an NDA and are at an early stage of discussions. That's hardly them "wanting to do a deal" it's like me going into a car showroom to look at a new car and the salesman telling his boss I want to buy one.
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Loggy, we can all interpret the statement by FRR differently.


The Company is pleased to announce that it has entered into Non-Disclosure and Data Exchange Agreements with two industry majors and is currently progressing with technical work and commercial discussions regarding possible transactions involving a farmout or joint operating arrangement within its Block 12 holdings in Georgia. Whilst these discussions are at an early stage, they have taken a significant step forward with both interested parties having attended extended site surveys and management meetings.  As a result of these discussions and to assist with data analysis, the Company has been conducting extended well tests to better establish production capabilities.  The Company will keep the market updated as these discussions unfold.

For me Exxon (just a view) we're in Georgia talking with Gov in April and visited the Ud2 well. I think Exxon have seen enough on the gas potential and are now looking at the commercial terms of a deal. The T field will be a part of the overall deal so accurate testing of zone 19 is required before a deal can be signed sealed and delivered. The deal will be done when it's done (if its done). I'm speculating it will be done sooner rather than later.

Just a view.

[tune player] 05/9/2018 20:35

I keep all posts from this site and also the others. I send them to FRR in the hope that they’ll start looking into litigation against this vermin.

Be nice to see Loggy get some pain but most of all Stan.

That’d be pure COMEDY GOLD

Hahahahahaha

[loglorry1] 05/9/2018 20:26

Just read your other posts. As usual since you can't win the argument you start with personal attacks.

I've no desire to engage with any of that so I'll let you get on with it.

Good luck. Just back up the truck if you think you are right and let it all play out.

[mick1909] 05/9/2018 19:34

FozI think he has shorted more than his per say strategy and is working hard to pick the faults with frontera and is probably getting ear ache from his masters wasseem shak and tom winnirith to put the dooms day on this share for there gains too

[jackthelad5] 05/9/2018 19:07

Loggy - mons RNS contains this which proves you don't know what you are talking about here unless you are of the belief that the nomad and Zaza himself are lying? But let me get this right you don't believe that the 3 wells are flowing at all? That we will need to do another raise because we won't be able to keep paying YA? That the announcement of 2 majors is not even genuine? C'mon get real!
From mons RNS - "At this stage the Company has continued to see consistent oil and gas delivery from the relevant wells but is not yet in a position to report volumes until such time as the longer term tests are completed as described above". And -
"We are very pleased to see that successfully completed recent drilling campaign and initial flow rates from all currently drilled three wells have demonstrated commercial oil deliverability from Zones 14 and 15 of the Eldari A and Zone 19 of the Eldari B formations. - The commercial flows from the wells tie in with Zaza's recent comment that they have increased their revenue stream as a result of the continued testing of all 3 wells!!
So again your conspiracy theory is way off the mark

[jackthelad5] 05/9/2018 18:57

I'm sure he'll find his word's later once his medication kicks in lol

[mick1909] 05/9/2018 18:37

He is speechless

[tune player] 05/9/2018 18:31

You had that little tipple Dirk, go on have another as it’ll do you no harm.


Hahahahahahahaha comedy gold

[satanslave] 05/9/2018 17:09

nice 10% down. .same 2moro. .and day after that. .steady March back to 20s
until they think up some more fantasy type news to rinse a few more peeps dry. .good old clone. .he knows the game.

[recordz] 05/9/2018 16:53

MMs testing the market at the end there.

[the road to 3p] 05/9/2018 16:38

Not at all Bumpa. They'll make good money like the rest of us.

[bumpa33] 05/9/2018 16:34

poor sods who bought that mm gap up the other day.

[loglorry1] 05/9/2018 16:24

@jack did Zaza say that in an RNS and to what level revenues had increased? Given that they were almost zero in the first place that's not much of a statement is it?

If the T wells are making good money why not just say so. FRR is one of the most promotional companies on AIM (and some take a lot of beating) and yet they can't simply state how much money they are making!

They seem quite capable of tweeting pictures of trains carrying oil though.

[mick1909] 05/9/2018 16:23

Just saying it to fit his agenda

[jackthelad5] 05/9/2018 16:21

Loggy Zaza himself said that they have increased their revenue stream as a result of the continued testing of all 3 wells so I don't buy what you are saying at all

[loglorry1] 05/9/2018 16:18

@fozzy I don't think they are or if they are it won't last long. Big difference between making a couple of payments and being able to sustain that.