13 Apr 2016 08:28
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Fri, 28th Jun 2013 12:53
Shares in Frontera Resources jumped after the oil and gas company reported slightly higher revenues and smaller losses.It said full year pre-tax losses had shrunk to $8.9m from $119.9m and revenues had edged up £77,205 to £7.5m. The company also said it continued to make progress in the planned development of its portfolio and operations.At the same time Frontera, which is based in Texas, announced a £795,000 drawdown on its standby equity distribution agreement with YA Global Master fund. This will result in the issue of 108m new shares which will start trading on July 3rd. Shares in Frontera were trading up 0.08p at 0.81p at 13.40.TB
More News
7 Apr 2016 14:47
Positive progress for Frontera Resources at South Kakheti
(ShareCast News) - Independent oil and gas explorer and producer Frontera Resources updated the market on positive progress at its South Kakheti Gas Complex on Thursday, situated within its upstream portfolio in Georgia. The AIM-traded company had announced the commencement of operations within the
Read more25 Feb 2016 15:29
Frontera settles bills with new share issue
(ShareCast News) - Frontera Resources settled some sizeable bills on Thursday, through the issue of 100 million new ordinary shares. The AIM-traded independent oil and gas exploration and production company said the issue was for the settlement of $736,000 (£529,000) in fees, due to "certain unrelat
Read more9 Feb 2016 15:00
Frontera Resources solidifies move into Ukraine
(ShareCast News) - Frontera Resources moved to solidify its expansion into Ukraine on Tuesday, signing a memorandum of understanding (MOU) with UkrGasVydobuvannya (UGV), a subsidiary of the country's national energy company Naftogaz. The AIM-traded independent oil and gas exploration and production
Read more23 Dec 2015 11:07
Frontera Resources ups gas-in-place estimate for Georgia complex
(ShareCast News) - Oil and gas exploration and production company Frontera Resources upgraded its estimate for the gas in place at its South Kakheti Gas Complex in Georgia. Frontera said that since its announcement in October, it has carried out extensive geologic and geophysical studies and it has
Read more17 Jul 2015 09:37
Ukraine has 12.5 bcm of gas in reserves, considers LNG
KIEV, July 17 (Reuters) - Ukraine has collected 12.5 billion cubic metres (bcm) of gas in underground storage as of July 17, still short of the 18-19 bcm it aims to have in reserve before mid-October, the country's gas transport monopoly said on Friday. Ukraine is pumping about 32 million c
Read more15 Jul 2015 08:05
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