Member Info for erazzel

They RNS'd this in 2015...

This ongoing technical analysis has provided a more detailed understanding of an extensive integrated gas resource potential that continues to evolve as larger than previously identified in October such that as much as an additional 52.5 trillion cubic feet (1.5 trillion cubic meters) of gas in place has been added to the Company’s previous estimate and is now 187 trillion cubic feet (5.31 trillion cubic meters).

https://oglinks.news/frontera-resources/pr/operations-update-df065

You just could not make this up.

Morally bankrupt, no money...how are they still going?

All in Tarabani area....

80km sq

Long shot

I guess thats baron land and nothing happening on ground?

What have BHGE done since the MOU? Is this where the mineral tax is applied?

probably just declare bankruptcy and set up another company knowing them. Disgusting presence for investors here.

Yes because of the pipeline....

Covers 100km area

If recent suggestions in here are potentially true this article in of interest.

The monies owed for mineral sales tax could be from this

If not lost trail https://www.keyfactsenergy.com/news/2437/view/

https://oc-media.org/georgian-government-wins-arbitration-with-us-oil-and-gas-firm-frontera/

I think its actually 1.83% not 1.58%.

Stating new CPR

Imagine that. Oh the joy, but for now just speculation

Shah Deniz just round the 'edge'....

They have 860 sq.km

Infrastructure should be there in part already otherwise useless area

Due diligence via new lender would have commenced I’d plausible soon after arbitration result. How long will successful due diligence by any lender take?

What about SH, caymans etc?

The 5% RFA

The split with asset transfer 50/50 GOGC
The 1% result in Aribtration?

They just won’t die!!!

But, to stRt saying Zaza and his son are now scamming via new set up an we are doomed on purpose is a bit premature.

Admittedly everything says they have totally messed up. I just don’t get the total silence, so clarification must come via closure. When does the company fold?

What did Malcy see or find out to make such a comment about Frontera....

I doubt this is the last you'll see of them.....

It's unfathomable.

Looed - agreed.

I keep returning to this, if its such a small company, cash strapped. etc etc why have they not closed the doors. What on earth are they taking on court cases for?

Money to burn?

1.83% is the area relatively. But there was the recent transfter 50/50 with GOGC and the 5% RFA in FRCC to consider.

I might be wrong.