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Frontera Res Share Chat (FRR)



Share Price: 0.115Bid: 0.11Ask: 0.12Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.01Spread as %: 9.09%Open: 0.095High: 0.115Low: 0.095Yesterday’s Close: 0.115


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thompson
Posts: 1,346
Observation
Opinion:No Opinion
Price:0.115
8% of all Georgia gas
Sat 23:50
Consumption per annum to be provided FRR? ( or exporting it?)
Is that what we are aiming for. It seems a hell of a high percentage? Do I have that right? 17mcf/day = about 180mcm/annum? Or ......approx 8% of the whole countries gas consumption! Its also a third of what Azerbaijan and Shah Deniz supply the whole of Georgia? It seems a massive leap if that's what we are planning? ...can't be.... or is it late? Seems massive for wee FRR?

Georgia�s annual gas consumption more than doubled since 2010 to 2.47 billion cubic meters in 2015, a 13.8% increase compared to 2014.

�As a result of productive works and series of negotiations, our partner � Azerbaijani government and SOCAR leadership took the decision to provide this additional gas supply from Shah Deniz pipeline,� Kaladze said, referring to the pipeline, which transports gas from Shah Deniz offshore field in the Caspian Sea to Turkey via Georgia.

�As a result, our country will be able to get additional of 500 million cubic meters of gas from Azerbaijan in coming years,� he added.
 
dougal66
Posts: 12,479
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 23:48
187tcf 22 141 1800.

the three well campaign has been completed.

16 May 16
�operations have progressed in studying results from the Company's most recent three-well frac campaign.�

And in the same RNS
�Production testing is currently ongoing related to the recent three well program.�
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FRR&ArticleCode=qybyqk9z&ArticleHeadline=Operations__Corporate_Update_and_Issue_of_Equity

Phase 1 commenced between 30.6.15 and 20.4.15 . Hope you do not need me to post the relevant RNS ( you seem to be light on that sort of stuff)
dougal66
Posts: 12,479
Off Topic
Opinion:No Opinion
Price:0.115
RE: dingbat
Sat 23:47
7 April 16
�Most significant is the Company's technical conclusion that since the applied stimulations were relatively small in size� and only focused on a single oil bearing zone (Zone 9), this result now provides an important calibration whereby internal modeling now indicates that with future larger size stimulations production can be increased significantly, per well, for only this Zone 9.�
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/FRR/12767133.html

Coggy

You should request to join the BoD as a NED to give them a hand
Coggy
Posts: 10,267
Off Topic
Opinion:No Opinion
Price:0.115
dingbat
Sat 23:37
1900 barrels over 70 days is jack sh*t.

I thought you'd been here for 7 years????

Go back to earlier RNS's when SN was espousing 1000 bpd from Niko 1 until a failed packer brought production to a premature end!!
187tcf
Posts: 753
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 23:28
d66,
I got this,
"get 3 wells up and running - ................to full capacity.
ONLY ...............when the 3 well are at full capacity ... �"

From the same RNS's you evidently are clueless about ............you thick ****.


......................... a 40% working interest in return ......................the completion of three wells .......................................................over a period of 18 months

22 141 1800
dougal66
Posts: 12,479
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 20:56
187tcf 22 141 1800.
187tcf 22 141 1800

guess you missed this bit too

23.12.15

Niko#1 well under Phase I Zone 9 has successfully resulted in a new technical discovery that has revealed better than average reservoir parameters.

Over a 70 day period, the zone in question has produced approximately 1,900 bbls of oil with no discernable decline.

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/FRR/12634961.html
dougal66
Posts: 12,479
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 20:30
187tcf 22 141 1800.
have you had a lobotomy? I am trying to understand your historical and current posting agenda

(and before you pick me up for the typo, I meant 10.4 14 )
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FRR&ArticleCode=ca0xvq3l&ArticleHeadline=Farmout_of_Taribani_Field__Taribani_Field_Complex4
dougal66
Posts: 12,479
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 20:18
187 tfc ( 22 141 1800. )

you are wrong . where does it state

"get 3 wells up and running - ................to full capacity.
ONLY ...............when the 3 well are at full capacity ... �"

20.4.15
During Phase I, Varang Exploration will hold a 40% working interest in return for funding 100% of the costs associated with the completion of three wells (estimated to be approximately US$17 million) over a period of 18 months. These wells are designed to continue exploitation of the Taribani Field's main reservoir objectives, as well as other associated horizons situated within a potentially prospective 1,000 meters geologic column situated between 2,000 meters and 3,000 meters in depth.

Specifically, operations will include the re-entry, sidetrack and frac-completion of the Niko #1 well. When the Niko #1 well was originally drilled and tested, it flowed at a peak rate of 960 bopd and produced 10,400 barrels during its 40 day production test. However, production was suspended as a result of a poor completion and failed packer. Today, reservoir performance modeling by Frontera from this planned operation calculates a "most-likely" case of approximately 1,000 bopd.  In addition, Phase I operations will include side track of the T-#31 and T-#16 wells in order to apply frac-completions to Zones 14 and 15. Based on the Company's reservoir performance modeling, it is anticipated that these two wells can achieve daily production rates of 300 bopd per well.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FRR&ArticleCode=ca0xvq3l&ArticleHeadline=Farmout_of_Taribani_Field__Taribani_Field_Complex4

20.4.15 Phase 1 moved to Q2 15
As previously announced, Phase I calls for the completion of three wells
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FRR&ArticleCode=3hpxsk3f&ArticleHeadline=Operations_Update
187tcf
Posts: 753
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 20:08
D66,
you have misinterpreted how the Varang deal works.

"""Phase 1 is 18 months and commenced sometime between 20.4.15 and 30.6.15"""

Varang phase 1 - ..............get 3 wells up and running - ................to full capacity.
ONLY ...............when the 3 well are at full capacity ................................do Varang get their 40% of production - and .............................................for a period of 18 months.
After 18 months ...............................................................phase 1 over.
((Could not be more simple.))
22 141 1800.
dougal66
Posts: 12,479
Off Topic
Opinion:No Opinion
Price:0.115
RE: 175 well "stack and frac"
Sat 19:39
in my 7th FRR year, I do no care one jot on the impact on SP of the CLN holders and executive management debt issues. They have earned the right to their rewards on B12.

Let's just get B12 revenue and disclosure moving




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