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Frontera Res Share Chat (FRR)



Share Price: 0.74Bid: 0.71Ask: 0.77Change: 0.00 (0.00%)No Movement on Frontera Res
Spread: 0.06Spread as %: 8.45%Open: 0.725High: 0.74Low: 0.725Yesterday’s Close: 0.74



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dougal66
Posts: 10,061
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
RE: Mtsare gas theme from SB over I..
23 Jul '15
deja vu?!!

V#18 and 40 soviet well. roll back 3 years and talking the same story.

I believe the "extensive workover" on V#18 has now been completed.

V#18 is significant - but where is it in B12? atb
 
Moleinahole
Posts: 713
Observation
Opinion:No Opinion
Price:0.85
View Thread (2)
Mtsare gas theme from SB over III
23 Jul '15
SB is on the same line of thinking as me here I think. Seems logical the Workover/fraccing are on 18 old soviet wells. He links up RNS on V#18 well from 2012. See below:

"Taken from an Operational Update released on 21 May 2012. This is the first time, FRR revelaed about well V#18. I remain convinced this well has the capacity to produce gas in huge quantities. The strange thing is that after this news was released, FRR went quiet...This could be the 'ace' up their sleeve (or my faith is misplaced but only time will tell).

http://www.fronteraresources.com/recent-news/operations-update-and-new-venture-initiative-in-greater-black-sea-region/

"......................In support of this, a new effort was initiated and completed to locate and analyze approximately 40 Soviet era wells throughout an expanded area related to the Mtsare Khevi Field, many of which encountered gas.

"...........................Of note, among the analyzed inventory of wells drilled during the Soviet era, the V-#18 well was successfully located and re-entered in April. This well was found to contain significant gas potential and has been the basis for revising prospectivity associated with the Mtsare Khevi Gas Complex. When the well was originally drilled in 1985, gas was not a primary objective and, hence, was identified but never exploited. An extensive workover of this well is underway with plans to test multiple zones that encountered gas when the well was originally drilled to a total depth of approximately 5,000 meters."

So, FRR did an extensive workover to test multiple zones at V#18 but we have never being told about the results.. Plus there are 40-wells drilled during the Soviet-era and many are gas wells...."
firegazer
Posts: 4,272
Off Topic
Opinion:No Opinion
Price:0.85
but why
23 Jul '15
the frenzy (by frr standards) yesterday, and nowt today. Was everyone expecting an update after all the snippets of info that have come to light, I must confess, I was!
Suzz
Posts: 5,865
Off Topic
Opinion:No Opinion
Price:0.85
Wow!
23 Jul '15
Number of shares bought outweigh those sold 5:1 !!
;))
Punkfeelinglucky
Posts: 9,311
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
molie
23 Jul '15
The question is are they lacking buy orders or the sells to fill them. Are we seeing support in action here? This should be over support now just need confirmation today.
appw9
Posts: 83
Observation
Opinion:Strong Buy
Price:0.85
Reuters coverage - same topic - LNG
23 Jul '15
Moleinahole
Posts: 713
Observation
Opinion:No Opinion
Price:0.85
View Thread (2)
RE: Lucky
23 Jul '15
How long will the MM's wait to make a market today and which way will go go?

After a 60m + traded day we have 35 mins with 1 trade right at the open only? FRR really must be under the radar. Have we been suspended and just don't know about it??????? How strange.
firegazer
Posts: 4,272
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
Lucky
23 Jul '15
yep all buys this morning lol
Puddy
Posts: 2,186
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
So
23 Jul '15
Can they do that every day sell and then withdraw that's surly wrong if they had dent sold 10. Mill yes we may have hit .90 will they put that right aswell
Punkfeelinglucky
Posts: 9,311
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
after the rise
23 Jul '15
No sellers yet.





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