Member Info for Flakey5185

RNS Number : 4344S Frontera Resources Corporation 02 October 2017  02 October 2017  Frontera Resources Corporation  ("Frontera Resources" or the "Company")  Update on Ud-2 well  Frontera Resources Corporation (AIM: FRR), the European focused oil and gas exploration and production company, is pleased to announce that workover operation of the Ud-2 well has been successfully completed as planned. Further to the announcement of 21 September 2017, the bridge plug has been set at 3326m, pressure test performed and, as previously announced, the Company will now commence extended testing of three target gas bearing intervals of Oligocene-aged, Lower Miocene-aged and Middle Miocene-aged reservoirs, located between 2620m - 3320m.  The service company, which has been contracted to perforate gas bearing intervals of Ud-2 well, will now mobilise on site. The final technical design of the 18km gas pipeline connecting the Ud-2 well with Mtsare Khevi gas processing facility (which is connected to Georgia's natural gas distribution grid) is being completed and the pipeline right of way is being secured. Zaza Mamulaishvili, President and Chief Executive Officer, commented:  "It is a very important milestone to complete workover operation of the Ud-2 well in time and within budget.  We are very excited that this successful operation made three gas-bearing intervals available for proper testing.  The Middle Miocene-aged Gareji reservoir is a very well known, prolific oil and gas-bearing formation in the area, the Oligocene and Lower Miocene-aged Maykop reservoir is a world class rock source for a number of large oil and gas fields situated within the Black Sea and Caspian Sea areas, one of which is the giant Shah Deniz gas field offshore Caspian.  "Successful testing of the Ud-2 well, situated inside the 950 km2 Mtsare Khevi Gas Complex, will help prove the tremendous gas potential of Block 12 in Georgia. According to Netherland Sewell & Associates' estimates, the area contains 8.3 Trillion Cubic Feet of Gas in Place of which 5.8 Trillion Cubic Feet is considered recoverable.  "I look forward to keeping shareholders updated on our progress."  This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

I think at the time of Outrider signing the agreement as u say, they new FRR hadn’t got a pot to pish in. No!

They could give us a hint, 28th Nov 2017 we are now completing technical design for the 18KM pipeline!

Lol.....

Make it stop! Wasn’t planning on making the transition from mth to lth but I’m guessing I’ll still be here in 12 months time at this rate. Conversation at that point will be “ well that’s YA gone then” now how the feck can we sort Outriders multi million’s. Oh yeah and we’ve got to hear something from UD2 soon 😂

Ivanishvilli sorry

Ivanishili pro west or pro Russia? Done some digging but still not sure.

Intra day RNS tomorrow guys, if I had Eni money’s left I’d bet on it lol

Cheers Bugsy I’ll give it a go👍👍

This secrecy is no fecking good for my IBS, got to be getting an update with YA’s hand out!!!!!

Different ear lobes Zib.

We will just have to wait and see if the whole story comes out, would just be nice to see the SP reflect what we know is going on let alone what we think is going on 🙈

Build in anticipation! Balls to that. Suspension pending asset sale.".......

What�s going on here then?

I have UD2 is a monster tattooed on mine, enough said!

Are we not already in a form of JV with who ever is putting up the funds For Niko?

Seen shares cancelled like this daily & if a few buys come in and raise the SP then a good sell comes in to pull the SP back and vice verca? On any other share!

Dirk I know what you are saying and I understand, I probably need a return on this more than most as for me all other shares I held I�ve sold and put in here shite or bust I am now a 1 trick pony. I have no savings left, holidays go on the card and paid off over time etc. I want the prize Now! But I reckon I can fudge my way through until all them ducks are lined up Gla Ps my Mrs knows feck all sshhhhh

I know dirk but you have got to admit everything now seems to be pointing in the right direction. Big oilers looking and taking positions in Georgia Politics being unraveled to fall in-line with the EU Drilling permits given at the drop of a hat YA sorted Institutions buying in Institutions funding a drill Probably missed plenty out, but so far so good.

Quiet on here tonight! Will it be the big reveal next week? Maybe Cancelled trades are ramping up, can�t hold onto news much longer I reckon. Had a top up this week at .4077 so happy, it�s the only one I�ve made that�s blue. Well this range is being worked well so got to be the bottom imo. Quick word for all those sat on the side BUY BUY BUY!!! Now is the time. Apologies for later, I�m on a Russian night Gla