We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 |
TIDMFRR
RNS Number : 3410W
Frontera Resources Corporation
13 November 2017
13 November 2017
Frontera Resources Corporation
("Frontera Resources" or the "Company")
Taribani update
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 10 November 2017, the Company received the drilling permit from the State Agency of Oil and Gas for operations at the well T-45 in the Taribani complex of Block 12, Georgia. As previously announced, T-45 is the second well to be drilled (by way of well deepening), following the sidetrack of the well Dino-2 which is planned to commence in January 2018. It is expected that drilling operations at T-45 will commence immediately after work at Dino-2 is completed.
The well T-45 will be extended to a target depth of 2700m and Zones 9, 14 and 15 of the Eldari reservoir will be stimulated and produced together, in a similar manner as previously announced on 10 October 2017 in respect of the well Dino-2.
In line with the Company's previously announced work programs, after successful completion of preparatory technical work, the Company has selected the third well for drilling and sidetracking in the Taribani complex which will be the well T-39. Drilling permit application is expected to be filed with the State Agency of Oil and Gas in late November 2017. Drilling (sidetrack) operations at well T-39 are planned to commence after completion of drilling/deepening operations at well T-45.
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
MSCFFWFDDFWSELF
(END) Dow Jones Newswires
November 13, 2017 08:50 ET (13:50 GMT)
1 Year Frontera Chart |
1 Month Frontera Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions