Frontera Resources Share News (FRR)
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FRRMon, 12th Mar 2018 13:44
As announced in late February, Frontera drilled the T-45 well to a depth of 2,700 metres, confirming the presence of 98.9 meter of combined pay interval of target zones nine, 14, and 15.
Frontera said the drilling rig will now be moved to the Dino-2 well for the start of sidetracking and drilling.
Shares in the company were flat at
Shares in Frontera Resources jumped by over a tenth on Monday after the oil and gas explorer said it estimated up to 8.29trn cubic feet of in-place gas at the Mtsare Khevi project in Georgia. In a statement released on Monday, the London-listed group said there could be as much as 6.15trn cubic feet
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