Frontier Res. Share Discussion Threads

[sportsauto] 02/9/2013 21:07

POTENTIAL BILLIONS OF BARRELS new issue 5.5p £1.8m funded
FRI 6M MCAP
Frontier Resources International

The Block 38 licence area could contain prospective resources. The competent persons report on Oman prepared by SLR Consulting ("Oman CPR") contains an estimate of the oil-initially-in-place within the Ghudun Basin of 15.5 billion barrels of oil equivalent. Because of drainage towards the Ghudun-Khasfah High, SLR Consulting state that Block 38 can be expected to contain 70 per cent. of this volume i.e. 10.8 billion barrels of oil equivalent in place.

[sportsauto] 02/9/2013 14:55

POTENTIAL BILLIONS OF BARRELS FRI 6M MCAP


The Block 38 licence area could contain prospective resources. The competent persons report on Oman prepared by SLR Consulting ("Oman CPR") contains an estimate of the oil-initially-in-place within the Ghudun Basin of 15.5 billion barrels of oil equivalent. Because of drainage towards the Ghudun-Khasfah High, SLR Consulting state that Block 38 can be expected to contain 70 per cent. of this volume i.e. 10.8 billion barrels of oil equivalent in place. Adjusting for an 18 per cent. recovery factor, SLR Consulting estimates that Block 38 could hold 1.9 billion barrels of prospective resources. The estimate of net attributable prospective resources is based on Frontier's initial 100 per cent. interest in the Oman EPSA (prior to a declaration of commerciality) and is set out in the Table below:

Table 1: Oil & Liquids Prospective Resources (MMbbls) for a Cluster of Prospects in Block 38


Gross Gross Gross
Low Best High
OIIP Risk Recovery Estimate Estimate Estimate
Asset MMbbls Factor Factor MMbbls MMbbls MMbbls Operator
------------------ ------ ------ -------- -------- -------- -------- --------
Block 38 10,865 19% 18% 23 140 372 Frontier
Total for Oil
& Liquids 10,865 23 140 372 Frontier
------------------ ------ ------ -------- -------- -------- -------- --------

[sportsauto] 02/9/2013 10:36

on the move

[sportsauto] 02/9/2013 10:35

FRI 6m mcap

multi billion oil potential

[sea7] 08/8/2013 11:55

www.stocktube.com/video/frontier-resources-international-moves-ahead-after-aim-listing

[ifthecapfits] 30/7/2013 10:48

On my watch list.

[john ford timmins] 30/7/2013 10:27

Jack Keyes, CEO of Frontier Resources International (LON:FRI), tells Proactiveinvestors that the company is in the early stages in building oil and gas interests in Oman, Zambia and Namibia. Jack, one of the team at Frontier that originally built Circle Oil, says now is a great time to get into FRI at 'an early stage' and by this time next year the team will have 'moved ahead considerably' at the existing three projects and will also be looking further afield for new ventures.

[bigbobjoylove] 28/1/2002 19:58

sorry announcement is thurs!!!!
honestly think these will go ballistic once press report they are supplying for the drug.I've seen it with drew and shield-small co's-a squeeze on this sort of news and MMs have no choice to wildly mark up the shares to satisfy demand.I was on drew when in 3 days they went from intra-day 60p to intra day around £2:40-that was on a maybe about 6 years away!!.This what thera has is now the sepsis is about 6 years away if it comes off.This is one hell of an undiscovered gem.I love these hidden gems.

[carver66] 28/1/2002 16:40

The code is THE not FRI.............just in case you were wondering!!!!!!!
Also , i thought result was on 31 Jan........ie Thursday???

Agree with the sentiment though, and also hold.

[bigbobjoylove] 28/1/2002 15:47

ISTA PHARMA of us (THERATASE) drug partner should be given final clearance for the vitrasse drug.If by any chance fda delay then we still have a bio on 11 times earnings!! Get in like i did on shield diag before the big boys and get ready for a multi-bagger.Can't wait till they present to the institutions in feb.Still 3 times undervalued in there new sector!!