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Frontera Res Share Chat (FRR)



Share Price: 0.89Bid: 0.88Ask: 0.90Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.02Spread as %: 2.27%Open: 0.90High: 0.90Low: 0.885Yesterday’s Close: 0.89


Share Discussion for Frontera Res (FRR)


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wonderer
Posts: 1,370
Off Topic
Opinion:No Opinion
Price:0.92
#Well 34
14 Oct '14
RNS should be with us 27th October this is going on the last operational update relating to #Well 32a. We received news 25 days after drilling began.
 
wonderer
Posts: 1,370
Off Topic
Opinion:No Opinion
Price:0.92
Surf
14 Oct '14
Verang Phase 1 news imminent and we have news on #Well 34 which could potentially increase our resources further!!
VWBeetle
Posts: 2,668
Observation
Opinion:No Opinion
Price:0.92
Good morning all :)
14 Oct '14
7Mil cubic feet per pay is still a big number :))
Good times to come for those with a longer term investment plan - that will be me :)
Have a nice one. VW
surf1
Posts: 1,102
Off Topic
Opinion:No Opinion
Price:0.92
View Thread (2)
muso888
14 Oct '14
What news? Can you explain?
LEO38
Posts: 197
Off Topic
Opinion:No Opinion
Price:0.92
Gas
14 Oct '14
UPDATE 2-Shell sells more U.S. gas assets, adds acreage in Pennsylvania, Ohio
Thu Aug 14, 2014 4:04pm BST

* Shell sells Wyoming and Louisiana gas fields

* Will get $2.1 billion and assets in Marcellus and Utica fields (Recasts, updates throughout)

By Ron Bousso and Ernest Scheyder

LONDON/FARGO, North Dakota, Aug 14 (Reuters) - Royal Dutch Shell on Thursday announced the sale of two onshore U.S. shale gas assets in exchange for $2.1 billion and acreage in different gas-rich areas as the energy company restructures its North America business and reins in costs.

Shell agreed to sell to Ultra Petroleum its relatively mature natural gas-producing properties in Wyoming's Pinedale field, a total of 155,000 acres, in a step which will mark its complete exit from one of its first U.S. shale investments in 2001.

Ultra will pay Shell $925 million in cash and give it acreage in the oil and gas-rich Marcellus and Utica fields in Pennsylvania and Ohio, respectively.

The Anglo-Dutch company will also sell its 107,000 acre Haynesville field in north Louisiana for about $1.2 billion in cash to Dallas, Texas-based explorer Vine Oil & Gas LP and its partner, investment fund Blackstone Group LP.

"We continue to restructure and focus our North America shale oil and gas portfolio to deliver the most value in the longer term," said Marvin Odum, Shell's Upstream Americas Director.

In the second quarter of 2014, Shell produced 190 million cubic feet per day (mcf/d) of natural gas from Pinedale. The Haynesville gas production reached 700 mcf/d as of July 1, Shell said.

Shell, like many other global oil companies, is carrying out a broad cost-cutting drive aimed at boosting profits. Chief Executive Ben van Beurden is seeking to offload $15 billion-worth of assets by the end of 2015, including in North America.

The company has focused on selling gas assets where development costs are high while revenues are relatively low compared with the oil sector, especially as natural gas prices around the world have dropped sharply this year.

Shell's shares were up 0.73 percent at 1448 GMT.
muso888
Posts: 90
Observation
Opinion:Strong Buy
Price:0.92
John / Dougal
14 Oct '14
Gla in Glasgow too!
Don't you just love predictive text lol
muso888
Posts: 90
Observation
Opinion:Strong Buy
Price:0.92
John / Dougal
14 Oct '14
Totally agree with you John .21
Doeugal why are you posting if your not here?
Most on BBs are invested.
I never ever post on a share once I've sold.
It's not fair in people here who've got a lot at stake
.It's a no brainer the only thing you've got to gain is for the share to go down to buy in lower...Your not going to waste your time talking the share up ..So you have to be a deramper...unless you have nothing going else to do.
FRR will fly on news and imo it will be anytime very soon!
Glasgow.
dougal66
Posts: 7,303
Off Topic
Opinion:No Opinion
Price:0.92
johnny boy
14 Oct '14
i never said 'no chance' of buying any.

not just yet. that has been perfectly clear
John21
Posts: 717
Off Topic
Opinion:No Opinion
Price:0.92
Dougal
14 Oct '14
So you have gone from no chance of buying to will do soon.
make your mind up.
dougal66
Posts: 7,303
Off Topic
Opinion:No Opinion
Price:0.92
theprodigy
14 Oct '14
the only reason why I am not back it yet is I really believe there will be further more draconian sharecalls in months to come.

many people dismiss my posts as a de ramp.

atb



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