Member Info for Oopsi

I recall that Mole may have touched on this before - an interesting read

http://dailycaller.com/2018/07/12/ivanishvili-georgia-putin-russia/

Think Bugsy has covered off the first link but haven’t seen the second on here. That is very recent and the title is very interesting as is the Vision.

https://www.azernews.az/oil_and_gas/133561.html

http://www.biaforum.ge/forum/wp-content/uploads/2018/05/Azer-Mammedov.pdf

Fulfilment of Investment Obligations
and Plans for Development of
“SOCAR Georgia Gas”
__
Azer Mammadov
Director, SOCAR Georgia Gas
May, 2018
Tbilisi, Georgia

Vision is “Establishment of leading and innovative gas distribution company in the country, with social responsibility to community, environment and employees.”

Interesting that the percentage holding of the institutional investor on Reuters has moved from 4.34% to 4.40%. https://www.reuters.com/finance/stocks/financial-highlights/FRR.L

Just a little muse while we wait. It is well known in legal circles that one of Exxon's go to legal advisers is Sullivan & Cromwell. I was just happening to have a look at their oil and gas credentials this afternoon and some of the (pipeline) work they have advised on include: REPRESENTATIVE PIPELINE PROJECTS JURISDICTIONS Baku-Tbilisi-Ceyhan Pipeline Project Azerbaijan/Georgia/Turkey South Stream Pipeline Project (pending) Russia/Bulgaria/Serbia/Southern and Central Europe South Caucasus Gas Pipeline (Shah Deniz) Azerbaijan/Georgia/Turkey AIOC Western and Northern Routes Azerbaijan/Georgia/Russia https://www.sullcrom.com/files/upload/Natural-Resources-Oil-Gas-12-12-14.pdf If Exxon are in a any way shape or form interested in Frontera then any legal work is likely to be done by S&C. S&C's knowledge of the company and the region mean that it wouldn't take them long to get up to speed and deploy the necessary expertise (which they clearly have of Georgia). I know after the last investor meeting TOT on iii reported that when he asked Zaza and Levan about Exxon's possible intentions, Zaza hesitated and Levan went a different colour! If anyone sees Zaza,/Levan/Steve around 1 New Fetter Lane then we are in business!!!!!!!!

I read a couple of posts here recently on Block Energy and it triggered some research I had done in the distant past. I didn�t think much of it then but maybe it is a piece in a jigsaw that becomes relevant later on or triggers thoughts from someone else. Block Energy is a Georgian focused E&P company focussed on the exploitation of previously discovered fields which are prime for western technology and enhanced production techniques. It is focussed on becoming the largest independent oil and gas company in Georgia and the wider region . There are therefore massive similarities with FRR. In 2017, Block Energy in line with its strategy to become an operator of low cost/high impact oil and gas development assets, agreed to acquire the outstanding 31% working interest in, and to become operator of, the producing Norio Onshore Oil Field Production Sharing Contract via a cash payment of US$310,000 to Georgia Oil and Gas (see below). Block Energy�s stage 3 plan (2020) is to expand its asset portfolio in Georgia and wider European region. One of Georgia Oil and Gas�s (GOG) objectives in 2018 is to to farm-in/acquire (albeit it needs the funds to do this) neighboring blocks (http://georgiaoilandgas.ge/block-viii/) � GOG are in and around Block 12. The interesting part for me is that GOG has a Mr Artem Sanishvili listed as its Chief Geophysicist. He has 46 years� of experience in oil and gas around the globe, working with companies such as BHP, Schlumberger and China National Petroleum Corporation. Held a position for over 20 years at the Georgian Oil Department rising to head of 4 geological department. Worked in JKX, CanArgo, Frontera, Ramco and GOG as a database manager. When I searched him, his linked in profile shows him as still working at Frontera. It may be as simple as that he hasn�t updated his status as he can�t possibly be working at both companies. Whatever the real position is, he was a database manager at FRR and is Chief Geophysicist at GOG so he has direct knowledge of what we have. This only adds to the conspiracy theories about interest in what we have, by who and whether this impacts at all on the current shenanigans with the SP. Who knows � I certainly don�t.