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Frontera Res Share Chat (FRR)



Share Price: 0.89Bid: 0.88Ask: 0.90Change: -0.01 (-1.11%)Faller - Frontera Res
Spread: 0.02Spread as %: 2.27%Open: 0.90High: 0.90Low: 0.885Yesterday’s Close: 0.90


Share Discussion for Frontera Res (FRR)


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rtf777
Posts: 106
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Price:0.92
Mcf
13 Oct '14
 
Arsenal221
Posts: 29,789
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Price:0.92
The
13 Oct '14
extract from the 15/Sept rns that says 700Mcf.

Following announcement of the start of a new drilling campaign at the Mtsare Khevi Gas Complex in July, well #32a was drilled and recently completed. The well successfully encountered approximately 20 meters of objective pay sands from 330 meters to 350 meters. Testing of this objective has determined that it will be capable of delivering up to 700 Mcf per day of gas. An additional approximate 25 meters of pay sands were also encountered in the well and gas from these sands will be placed into production over time. The well is currently being connected to Frontera's gas gathering and sales infrastructure.
Duc996
Posts: 188
Off Topic
Opinion:No Opinion
Price:0.92
coggy
13 Oct '14
haven't seen that word " ponced " used or spoken in years - did make me smile though. hopefully the share price will do the same.
VWBeetle
Posts: 2,665
Observation
Opinion:No Opinion
Price:0.92
View Thread (2)
I know what your doing...
13 Oct '14
Checking?? Now did Shard really say 700 Million cubic feet per day? Yep they did. Because hey presto FRR reported the exact same figure in their 15th Sept RNS :)
VW :))
VWBeetle
Posts: 2,665
Observation
Opinion:No Opinion
Price:0.92
Correction :D
13 Oct '14
Even AmCham not Amrad - doh!!
VWBeetle
Posts: 2,665
Observation
Opinion:No Opinion
Price:0.92
JS490
13 Oct '14
So what makes you think the 700 Million cubic feet to be incorrect in the 15 Sept RNS? Maybes it will not be FRR constructing the infrastructure (that ones for you Dougal ;) to realise that figure thus the sales pitch :)
I do agree with Coggy though when he says why build the very small system we have unless it's to prove that the gas can be brought to the surface? Next piece of the jigsaw - the CPR independantly confirming exactly how much gas is in the MK Gas Complex then BANG sell off the lot BP who just so happen to be part of Amard I believe :)) All my own opinion.
VW :)
Arsenal221
Posts: 29,789
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Price:0.92
View Thread (5)
RE: Money...
13 Oct '14
LordLash

Thanks for working that out on the completion of the gas side of things, as that does look very good & also the CPR might just be with us by year end/early new year.
bugsy-b
Posts: 1,371
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Price:0.92
Shard report
13 Oct '14
If indeed this is a mis-print by Shard on the gas extraction figures, they really ought to be putting out a revised report.
some people may have bought shares on the strength of them quoted figures..
Arsenal221
Posts: 29,789
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Opinion:No Opinion
Price:0.92
Evening all
13 Oct '14
Overall compared to what has been happening over the last week or two today was not to bad, but lets see how things go tomorrow.
bugsy-b
Posts: 1,371
Observation
Opinion:No Opinion
Price:0.92
js490
13 Oct '14
But if you look a couple of lines underneath is reports crude oil and gas revenue as $ 3.3 min, and hats obviously millions ?



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