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Frontera Resources Share Chat (FRR)



Share Price: 0.60Bid: 0.58Ask: 0.62Change: -0.025 (-4.00%)Faller - Frontera Res
Spread: 0.04Spread as %: 6.90%Open: 0.625High: 0.625Low: 0.585Yesterday’s Close: 0.625


Share Discussion for Frontera Resources


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blackelv
Posts: 199
Off Topic
Opinion:Strong Buy
Price:0.60
RE: Jon
Today 21:49
Oh and not to forget taxes!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
blackelv
Posts: 199
Off Topic
Opinion:Strong Buy
Price:0.60
RE: Jon
Today 21:49
Jon that is correct mate! still need to minus your Capital Expenditure CAPEX (drilling/processing plant/pipework) and also you Operating Expenditure OPEX (staff to operate/insurances/consumables/maintenance) but these would be minimum in a country like Georgia, onshore and with such huge O&G infrastructure in place already. Said it last night - mind boggling!!!!
5pPlasticBagget
Posts: 404
Off Topic
Opinion:No Opinion
Price:0.60
RE: Jon
Today 21:48
Obviously it will take many years to get all that gas out to sell it all
5pPlasticBagget
Posts: 404
Off Topic
Opinion:No Opinion
Price:0.60
RE: Jon
Today 21:48
$6.5bn/tcf is correct for revenue. Based on Zaza stating he can sell the gas at $6.5/$7 per mcf (1000 cf), a tcf is 1,000cf x billion therefore 1 tcf = $6.5bn
blackelv
Posts: 199
Off Topic
Opinion:Strong Buy
Price:0.60
RE: Value
Today 21:44
Jon - depends on the Flowrates and CPR. the CPR needs to move from current 'prospective resources' which is the geological likelihood of oil/gas recovery put to contingent resources/reserves. This only comes with flowrates (proving that we can bring hydrocarbons to the surface) and more seismic / drilling of the area. This allows to superimpose known seismic images and existing drilling info and over new seismics (for instance the image of the UD2 seismic might be similar to other areas on the MGC field therefore the likelihood of that geology being the same increases and the florets may be similar )

This is not my area of expertise so you would be better researching this more yourself and reading up on CPRs.
Jon_Boy
Posts: 13
Off Topic
Opinion:No Opinion
Price:0.60
RE: Jon
Today 21:42
So 6.5 billion x 9 tfc = 58.5 billion. Sure that can't be right! Does that also include the cost to get it out of the ground, taxes etc?
Dulwichman
Posts: 268
Off Topic
Opinion:No Opinion
Price:0.60
RE: O&G people
Today 21:42
Jabond
My thoughts exactly. Certainly there have already been a number of asset sales such as pipelines etc with setting of new companies with an IPO creating mid stream partnerships ( most recently in the USA). this puts a lot of money in the bank. Dudley in my view is no fool but the majors in some ways work in ways beyond my own full understanding but they very much look to the future long term. I just am aware that Accountants etc rule the roost in more ways than one and can have to much power other than direct bean counting
regdik
Posts: 1,021
Off Topic
Opinion:No Opinion
Price:0.60
View Thread (2)
O&G
Today 21:40
BP do not work like that on both budget and O&G field modelling.
They have a very sophisticated O&G modelling facility (called the hive) at Sunbury.
They would feed the raw data from the field and produce a 3D image (take out the guess work where to drill £ saves millions on drilling cost). Nothing is done without a full study.
BP usually budgets a 5 year committed rolling plan so no funds will be readily available for major investments without finding new moneys (or canning other projects). BP never do anything in a rush without detailed project review backed by Terabytes of data.
5pPlasticBagget
Posts: 404
Off Topic
Opinion:No Opinion
Price:0.60
RE: Commercial flow rates
Today 21:40
Thank you for your response blackelv
theprodigy
Posts: 4,049
Off Topic
Opinion:No Opinion
Price:0.60
RE: Dustin
Today 21:39
A very very interesting question. R8
Add to that Akin gump.

Find out when we find out - I£m very happy holding though




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