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Frontera Res Share Chat (FRR)



Share Price: 0.77Bid: 0.74Ask: 0.80Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.06Spread as %: 8.11%Open: 0.795High: 0.795Low: 0.765Yesterday’s Close: 0.77



Share Discussion for Frontera Res (FRR)


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Puddy
Posts: 1,968
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.68
Will he won't he
13 Jul '15
Appear
 
Suzz
Posts: 5,847
Off Topic
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Price:0.68
Nice
13 Jul '15
tick up :)
get_rich_quick
Posts: 4,766
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Price:0.68
View Thread (2)
RE: grq
13 Jul '15
Blimey. FRR Rns' are a minefield to syphon through buy I think I finally understand.

Sep 2014 - we were told well #32a was 'capable' of producing 700mcf. (But there is a further 25-meters of pay sands to encounter / place on production).

And considering the above 700mcf is from 20-metres of pay sands, the additional 25-metres could double well #32a output.

Decide 2014 - well 34 should match 32a and, well 37 will soon be drilled (in January).

Interestingly, the Bod report that they plan to expand their system capacity from 2million to 7million.

Apr 2015 - we are told well #34 is producing 1,250mcf/d.

There is also talk of 8-new wells being drilled during 2015.

So, combined there is approximately 1.950mcf/d being produced, with news still to come from well 37, and whatever (and whenever) the new 8-wells will bring to the gas sales too.

And, I'm curious to know of the second rig that was reportedly introduced in January to add to the current Ops.

As we know. We need to know how much revenue the Bod are receiving for the scuffle and, do we have more suppliers to provide it too?

If we do get an Ops update (I'd like to know of the additional 25-metre pay sands in well 32 and, an update from well 37.

Based on the above, I'm hoping for an Ops update to be showing gas sales of minimum +3scuffs.

Here's hoping.
Coggy
Posts: 8,230
Off Topic
Opinion:No Opinion
Price:0.68
firegazer O/T
13 Jul '15
Max put out an encouraging RNS this morning. Still life in the old dog yet.
Oli691000
Posts: 5
Off Topic
Opinion:No Opinion
Price:0.68
Buy/sells
13 Jul '15
Hi all I am new here today and would just like to say my small 75000 buy is showing as a sell !
Good luck all
Punkfeelinglucky
Posts: 8,888
Premium Chat Member
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Opinion:No Opinion
Price:0.68
View Thread (2)
grq
13 Jul '15
the well that was put online in Jan was put on at 1.250 scuffs from memory plus whatever frr were doing beforehand and have added since.
get_rich_quick
Posts: 4,766
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Price:0.68
View Thread (5)
RE: Coggy
13 Jul '15
Retireby40,

I cannot remember what our current scuff output is but, the Bod have said they expect our gas scuffs to be around 7mmcf/d by the end of 2015.

For some reason I think we're at about 1-scuff now, so, if we do get an Ops update I am hoping / expecting us to be producing around 2-3mmcf/d.

I can't see where (if at all) the Bod has ever mentioned CNG (compressed natural gas) and whether this has been a consideration to FRR, as that means you can supply this much further without the need of any pipeline infrastructure and, due to it being compressed gas, we can sell a lot more, a lot quicker.

I would email the Bod but I find I get a better (and quicker) response on here.
Punkfeelinglucky
Posts: 8,888
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.68
balrog
13 Jul '15
maybe - I hope it was - keen to buy back in but it was relentless and it could easly have been as much as 50 million. Another million sell popped up this morning. Look a seller will only hold this for so long as the fundamentals are huge so if you are holding beyond christmass this is still a big winner in my book and probably a lot sooner to be honest. But as I trade on margin it is very disconcerting as short terms drops hit me hard and it seems to me there is a seller.
OMLOYALIST
Posts: 2,710
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Opinion:No Opinion
Price:0.68
View Thread (2)
RE: 40
13 Jul '15
Nothing is impossible on AIM. We can be 2p or 0.4p that's why some have names like itsgambling. Lol
balrogxx
Posts: 625
Off Topic
Opinion:No Opinion
Price:0.68
Re guys
13 Jul '15
PFL, that could have been few pi's offloading due to greece





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