Permian Basin30 Sep 2018 13:20
The Permian Basin is the largest petroleum-producing basin in the United States and has produced a cumulative 28.9 billion barrels of oil and 75 trillion cubic feet of gas. Currently, nearly 2 million barrels of oil a day are being pumped from the basin. It has been estimated by the EIA that the remaining content was 43 billion barrels of oil and 18 trillion cu. ft. of gas. Eighty percent of estimated reserves are located at less than 10000|ft depth. (Wikipedia)
Block 12 is going to be massive for Frontera and shareholders. Majors are all over it and just requires patience (not that you havent been patient enough :-) ) until they sign on the dotted line.
Don't think we will have an RNS this week but i hope I am wrong.
GLA