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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Frontera Res | LSE:FRR | London | Ordinary Share | KYG368131069 | ORD SHS USD0.00004 (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.2875 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From May 2019 to May 2024
TIDMFRR
RNS Number : 4858W
Frontera Resources Corporation
15 November 2017
15 November 2017
Frontera Resources Corporation
(the "Company")
Natural Gas Transportation Licence Extension
Frontera Resources Corporation (AIM: FRR), the European-focused independent oil and gas exploration and production company, is pleased to provide the following update related to its work in Georgia.
On 14 November 2017, the Ministry of Energy's State Agency of Oil and Gas extended the Company's natural gas transportation licence related to the 14-km natural gas pipeline which the Company built in 2014 and which connects the Company's natural gas processing facility at Mtsarekhevi Gas Complex with Georgia's natural gas distribution grid.
The initial licence was issued on 16 April 2014 and was effective for two years. In 2016, the licence was subsequently extended for one year, through 14 November 2017. The current extension is effective for 5 years until 14 November 2022.
The Company is also announcing that extensive testing at Ud-2 well at the Mtsarekhevi Gas Complex is continuing as previously announced. Updates in this regard will be provided in due course.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries:
Frontera Resources (713) 585- 3216 Zaza Mamulaishvili info@fronteraresources.com Cairn Financial Advisers LLP +44 (0) 20 7213 0880 Jo Turner / Liam Murray WH Ireland Limited +44 (0) 20 3411 1880 James Joyce / Alex Bond Yellow Jersey +44 (0) 203 735 8825 Tim Thompson Harriet Jackson Henry Wilkinson
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCOKQDQQBDDNDD
(END) Dow Jones Newswires
November 15, 2017 02:00 ET (07:00 GMT)
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