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So any news what is happening and chances of getting any money back here
Coggy, really worried about you, as to have known the ticky tacky box video even existed puts you as someone who needs locking away. Since the FRR away day meets, you seem to have lost the plot. Oh hang on. Maybe you had lost it before.
I am sticking to my "you do not fight over an empty (ticky tacky) box "
Keep your sticky fingers out of my empty boxes , Coggy.
Does this wording mean anything or just red herring
Houston-based international oil and gas exploration and production company whose strategy is to identify opportunities and operate in emerging markets in Eastern Europe around the Black Sea and the United States.
Firstly about others seeing data
When Outrider were first involved they tried a hostile takeover after the data was seen and shared.
This was against the rules and SN and Zaza got wind of it.
I believe what we would have gained was fairly good, but others thought it was well undervalued with 202tcf
So definitely others believed we had something and after this Hope was put on the board.
Then the fighting started.
( i then coined the phrase you do not fight over an empty box)
Now i might be wrong about the next bit
The new website says "Eastern Europe around the Black Sea and the United States"
Oil exploration in USA i think is new, we always were USA company but i do not remember us exploring or drilling/ producing oil in USA. Did i miss something?
If not is that what good old FRR have been up to over last few years, exploiting high oil price in USA to fund the keeping on of lights at FRR? The website last updated on 16th March 2022.
Georgia : 202tcf This is perfect in so many ways if acted on now to supply gas to Europe. However Mad Grad Putin would have kittens if he saw his taps being turned off and and a supply from Georgia being turned on. It would be a strategic move to invade Georgia and control not only any gas in the ground, but also the huge amounts transiting the Country.
Georgia is not a Nato Country, but could we sit back and watch Russia hold us to ransom with all the Azer gas and Russian gas. We either would become fully dependent on Russia and bow to everything they want, or Nato would have to go in.
Maybe its time the school bully has his bluff called anyway. When he says he has many Nuclear weapons we should say so do we. Plus after seeing your military i suggest ours are more likely to work.
Okay, Zaza was one of those shouting loudest about how full the box was.
He also tried to steal it all.
Lots of unknowns here, remember that Hope also tried a takeover a few years back after he had seen data.
I am fairly happy there is some value here, how much could be debated.
Georgia, and Nato
I am not seeing this as urgency.
Russia has had a bloody nose over this and will not try anything like it again in next 50 years plus.
It either spreads to WW3 and the mess it causes or Putin spends rest of his life in Prison if he survives.
Remember, now war crimes investigated, all the sanctions must stay in place until he is at the Haque.
Russia has to hand him over to get economic stability.
Dangerous thing here is the makes Putin a cornered dog, he has nothing to lose and must already know the soviet ways of elimination and that a Kremlin assassination can not be ruled out for the sake of Russia. May he rest in Hell
The only thing against that is why the multimillion dollar court cases, Why was hope and Zaza interested in trying to take company.
I always said you do not fight over an empty box
The questions is : - Can we get it out of the ground?
Will we be allowed to (Russia)
Will FRR do it or will it be stolen by Georgia?
The biggest question is will the world still want oil and gas by time they finish fighting over it?
Seriously, look at price of oil and gas right now, this could have been so good if people had worked together rather than tear each other apart.
If the gas was worth billions before its worth multi billions today.
OMG idiots
Its a squarespace.com website
A do it yourself web site builder, but can confirm who ever owns it has used the frontera Logo
I hope it means something but we should be aware that i could go and purchase a similar domain name and make exactly same. I would need to copy the logo and to use it would risk being done for copyright as its a logo belonging to them.
So we should bare in mind that it could be a rather sick joke ( cheap and easy to do) buti hope its something more.
The counter worry is that most companies would have a unique website designed and updated by a team or company, not use a self build company.
To be honest if some accurate updates were communicated to us on the site it would be very welcome right now.
happy new year all of you and hopefully 2022 will bring the answers we need.
Earsbern,
Great questions
You would assume that if in 1. the lawyers believe they will get money from OMF then the info they are privy too must be strong ( in their opinion)
As for my saying from many years ago "You do not fight over an empty box" i think that may end up on my headstone.
Its really a strange situation, where the squabbling by the big money men could mean none of them or us gets anything. Literally everyone could lose out except the country of Georgia. (Russian intervention there could mean they lose out too)
incredible amount of ego and stubbornest. This of course leaves us with incredible amount of frustration.
Are these money people who call themselves business men, really this thick?
or
Are we watching a magic trick, where as our eyes are directed to watch one area (legal wrangling), meanwhile the trick is taking place elsewhere ( In our blocks)
Please note i said our blocks, we are combined shareholders but our voice is not being heard. We have received no communication and our sources for any info comes from sleuths on here.
After 3 years i would suggest this is beyond recovery, unless of course someone is producing from our block on our behalf.
The big questions
How do the lawyers expect to be paid? by whom?
Why are they fighting so much for the block.
What guarantees have been made or carrots offered for such a long and multimillion legal case.
These questions above offer a glimmer of hope.
Now the other side
Why are the majors not jumping on this, especially with gas so lucrative right now. The Russian threat? Well Russia if push into Georgia will have control over the Azer gas via pipelines anyway.
Where is the data, what did it say. Why is Dustin not commenting on this huge gas find or the issues around exploiting it.
I thought 2021 would see this resolved one way or another. I am not sure if 2022 will.
At least we are all in the same boat and although it has some serious leaks we are still afloat - just
Happy New year to you all and i hope it brings us some luck
We do not seem any further forward
The lawyers are only ones making money - but will they get paid?
Where will all that cash to pay them come from - oil sales ? gas sales?
The assets above ground certainly will not cover it.
The bigger question is all this litigation is for what?
Everyone wants millions from a company that as far as we are aware is not producing anything.
My comments always were " You do not fight over an empty box"
Where we are thou, the squabbling my the children, may cause everyone to get punished.
Everyone so greedy that no one gets diddly squat.
As for a take over that suits everyone?
Do we have concrete evidence that hydrocarbons are in place and retrievable?
If so why did Exxon or BP not offer for this 2 years back?
Its seems that many non oil majors think we have something worth fighting for, yet the people we want to see fighting over the company are standing very quietly.
Surely Georgia also want to see this resolved as it is bad press for the Country. Its also perfect time to really make some hard cash from gas sales.
If i am honest, so many contrasting pieces of information, that nothing makes sense.
Coggy
Was that the firestick or the user (Worse than useless) :)
Those firesticks are still working but may need a upgrade
What a time it would be to have a shed load of gas. The price of wholesale gas gone thru the roof.
Oil is looking pretty too
Shame that whilst this happens and the world plans to evolve towards a less carbon fuelled future.
We had thieves, liars and crooks running the show, who now argue like greedy spoilt brats, until the gas etc is no longer wanted.
Its like two kids fighting over an ice cream, then it falls on the bloody floor and no one gets it.
I suspect with the money this legal crap has cost, we would be sat at 3p a share and thats without selling any fossil fuels.
I hope they never had a Christmas party last year, with Secret Santas and cheese and wine, the truth and integrity seems to be in short supply right now from many different arenas.
You mean this was a carefully orchestrated con?
No gas but play as if there is, entice shareholders with lies and take their money.
Make millions from shareholders?
Feasible but risky with money put in, never know when lies would be exposed.
However so many inconsistencies here, no super majors and no recorded flows, but also a fight to hold on to an empty box.
I just wonder if its there but needs new ways to expose, but also super majors nervous to take a play in that region.
I am as confused today as i was 3 years ago,
By the time they finish arguing about this it will be one of last gas fields left, with gas worth 10x todays price, or no longer required. Is that the gamble?
With these huge hikes in Energy prices and Russian gas not being as available - if only there was somewhere close to Europe with a big gas reserve, that is not relying on Russia.
Somewhere close to pipelines that could quickly resolve supply issues
If only !!!!!
Like a Phoenix out of the fire? or a fish out of water?
The rebirth of FRR
Two points on this
1. Gas prices are really high and Europe is even more dependant on Russian gas
2. Hurry up thou as Gas could be on its last years soon as world looks at greener energy
A little off topic, did you know France has built more gas and COAL fired power stations.
UK goes green and more expensive energy suggesting we are greener, then due to lack of production here in UK ( Because we closed our coal fired power stations) buys Power from France from their Coal power station. You really could not make it up. Our British thick upper lip is so big we can not see beyond it.
Thanks for update and nice messages
What do we think will happen if FRR win all.
Will it be a sell off and dividend payment to shareholders? Hope had a buyer before.
Or will half company go to Hope and us relist or something else.
Hopeful that all is not lost, but what % we may get back will be interesting
Had some personal issues to deal with ( death in family)
Can someone give a quick breakdown of where we are and anything relevant
Thanks
pyro
Its a mess in Wales, you have idiots called Yes Cymru and plaid Cymru who think Wales is better off independent, Welsh labour who under dripford lie to people. I know Dripford and Liane Wood. Both loners, Dripford is alcoholic, hence the blocking of pubs and clubs.
The problem with political jokes is they get elected
Get well soon mate.