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Frontera Res Share Chat (FRR)



Share Price: 0.75Bid: 0.74Ask: 0.76Change: 0.01 (+1.35%)Riser - Frontera Res
Spread: 0.02Spread as %: 2.70%Open: 0.74High: 0.75Low: 0.74Yesterday’s Close: 0.74


Share Discussion for Frontera Res (FRR)


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itsgambling
Posts: 51
Answer
Opinion:Strong Buy
Price:0.74
View Thread (2)
RE: itsgambling
Thu 16:04
Page 11 shows 'current area of focus' in the circle and most of block 12 highlighted in yellow with all the fields marked on.

And in various places thru the doc talk about expansion opportunities by farming in thru their partner.

Has made my day seeing that. For a re-rate, all we really need is a few positive signs to show how we're going to exploit the resources and bring in creasing amounts of cash. Happy thanksgiving Mr Trout !
 
Punkfeelinglucky
Posts: 4,405
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
View Thread (2)
itsgambling
Thu 16:00
is that part of block 12 or just beside it?
Coggy
Posts: 6,847
Off Topic
Opinion:No Opinion
Price:0.74
itsgambling
Thu 15:55
Careful now, Big Brother is watching! :)
itsgambling
Posts: 51
Observation
Opinion:Strong Buy
Price:0.74
PFL
Thu 15:42
That's a great find. They mention their partner (established, great relations) all over - when talking about farm in opportunities. And then, curiouosly, have a map that shows their current focus area - and highlighted in yellow - Block 12, our area, with all our fields listed out.
Bingo - farm out to IE.
Great research ToT. (may I use the B word yet?)
Suzz
Posts: 4,538
Off Topic
Opinion:No Opinion
Price:0.74
PFL
Thu 15:19
That link doesn't work. This does -
http://www.iskanderenergy.com/Presentation-2014.pdf
Punkfeelinglucky
Posts: 4,405
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
iskander energy
Thu 15:13
From tot on ii "some of you will recall a post i put up about this unlisted company a while ago, and how they were raising capital to expand their activities in Georgia (see the shareholder letters on their website). Well when doing a bit of googling just now I came across a pdf presentation on the net, which thay have yet to put on the website. iii won't let me put a direct link to it on here but if you add the pdf extension to this address :http://www.iskanderenergy.com/Presentation-2014you should be able to access it.For those that can't it is clear that the company is now mothballing projects in Bulgaria and the Ukraine in favour of expansion in Georgia. Highlights include: Near term: recomplete and fracture stimulate existing wells in 2014/early 2015 to scale up production of light oil and associated cash flow Establish economic viability of large scale light oil resource play Medium Term: Build reserves and establish a low risk development drilling program for shallow light oil reservoirs to be executed in 2015 and farm-in to adjoining permit owned by our partner Longer Term: Use our established well recompletion and fracking platform for expansion into other Georgian permits through farm-ins.Then on slide 6:Georgia – the “Time Is Right” Georgia enjoys political stability and good relationships with neighboring countries Georgia has best ratings in region for doing business and lowest levels of corruption (¹) Excellent fiscal terms and minimal bureaucracy Capitalize on strong strategic relationship with excellent local partner who: has own infrastructure to reduce operating costs has excellent reputation and extensive relationships in government and industry can help quickly expand business via acquisition of new licenses and farm-ins Significant scaleability of under-exploited resource by applying modern drilling & fracking technologies Wells are relatively shallow (700 - 2.300m) and oil is light (38 deg API) and sweet and sells at plant gate for Brent Price minus $12/bbl marketing and transportation.Now I'm thinking that they might have got wind that FRR have had some success with their Fracking ops which started in the spring, but we have yet to hear about.Given the lack of news on the farm out and well~34, as well as the fracking it seems to me that they are in full lock down mode pending a major announcement. Then they want to amend the articles of association so they have no problems in obtaining a mandate for what comes next.Interesting times eh?Tot"
Punkfeelinglucky
Posts: 4,405
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
opec
Thu 15:12
not cutting production so more painfor the oilies
Punkfeelinglucky
Posts: 4,405
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
grq and acaldin
Thu 15:09
lol grq. acaldin. I have been following your posts for a whle now. generally you appear, write in a manner which eludes to you know something no one else knows throwing in trading theory buzz words and end up being half right. So some what you will say will be half right -- is it the bit about big news breaking or about it is going to be tested for ages? my money is on the former (literally)
Punkfeelinglucky
Posts: 4,405
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.74
opec
Thu 15:08
just confirmed not cut in production more painfor oilies
mj_analyst
Posts: 173
Off Topic
Opinion:No Opinion
Price:0.74
sorry I just realised..
Thu 15:05
I am at wrong board



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