Member Info for theprodigy

quick recap anyone- read the rns and went for a very hilly 40 odd miles on the road bike.

For me - UD2 disapointment but - a shiny new 25million dollar well wouldnt encounter the problems we have had in these old russian ones. plenty of positives to eek out the negatives and disapointment

Taribani is progressing superbly with good oil and gas news.

Anything important ive missed or mis read

Deliverability and reservoir management to get best extraction - it’s quite a science
You don’t just drop a straw in and sook it oot it takes management to get the optimum extraction model

sorry- missed this bit from 14.44 post
While continuing testing of the second interval of the Miocene aged Gareji reservoir, situated between 2519m - 2554m, additional pressure pumping equipment is being mobilized to conduct a mechanical stimulation with 70 metric tons of proppant and improve well performance. The planned stimulation effort will utilize technology and scale in order to increase reservoir contact, improve near wellbore conductivity, and enhance gas production from all 100% of the perforated and stimulated Stage 2 testing section.

add the lack of information since
to the SAOG/GOGC request for arbitrational discussion
and i get patience until this plays out.

i guess theyre continuing with the filling of pyros box with the info from Zone 2 additional stimulation and the higher propant and modern techniques & technology being used also on zone 3.

Ohhhhh, jingle bells jingle bells- or is it ohhhh ball cocks.........

i find the below statements of particular interest

As previously announced on 28 November 2017, residual formation debris ('skin damage') from historical drilling operations was encountered together with natural gas flow during Stage 1 flowback operations while testing Miocene aged Gareji reservoir interval situated between 2600m - 2620m.Â

Debris-free natural gas flow has now been successfully established following the modifications to the perforation, stimulation and flowback design for Stage 2 operations, while testing Miocene aged Gareji reservoir interval situated between 2519m - 2554m. For reference, Stage 1 was completed with 15 metric tons of proppant whereas Stage 2 included a 20 metric tons of proppant stimulation.

The next phase of testing operations will now focus on establishing larger commercial gas production volumes from the Stage 2 testing interval.

Zaza Mamulaishvili, President and Chief Executive Officer, commented:

Â

"I am absolutely delighted to report about an early and potentially very material success at the second of the three testing intervals at Ud-2 well.

"We eagerly await next phase of a scaled up mechanical stimulation and post stimulation flow rate of the second testing interval but I believe the early results of the testing already both prove a material sustained deliverability of the Ud-2 well and provide significant confirmation as to the Block 12 potential of the Gareji reservoir, development of which will be transformational for the Company and Georgia's energy industry.

"I look forward to the results of the extended Ud-2 well test and to updating shareholders in due course."

RNS Number : 5244C
Frontera Resources Corporation
22 January 2018
Â
22 January 2018

Â

Frontera Resources Corporation

Â

("the Company")

Â

Update on Ud-2 well

Â

Frontera Resources Corporation (AIM: FRR), the European focused oil and gas exploration and production company, is pleased to provide an update regarding interim results on testing of the Ud-2 well, situated inside the 950km2Â Mtsare Khevi Gas Complex area, located in onshore Block 12, Georgia.

Â

Sustained deliverability of natural gas from the Gareji formation has been confirmed during Stage 2 of the current stimulation and testing program. The flowing interval, for Stage 2 testing, which is situated between 2519m - 2554m has indicated the presence of commercial gas within the Miocene-aged Gareji reservoir.

Â

State Oil and Gas Service Company has performed analysis of the flowed natural gas. Chemical composition is shown below:

Â

Methane - 94.58%

Ethane - 2.50%

Propane - 1.90%

Nitrogen - 0.43%

Others - 0.59%

Lower Calorific value - 9230 kcal/m3Â (State standard: not less than 7600 kcal/m3)

Higher Calorific value - 9910 kcal/m3

Â

The natural gas quality satisfies all requirements of the applicable GOST standard and corresponds to the applicable regulations of the State Standard 5542-87, which makes it acceptable for distribution through Georgia's natural gas grid.

Â

As previously announced on 28 November 2017, residual formation debris ('skin damage') from historical drilling operations was encountered together with natural gas flow during Stage 1 flowback operations while testing Miocene aged Gareji reservoir interval situated between 2600m - 2620m.Â

Â

Debris-free natural gas flow has now been successfully established following the modifications to the perforation, stimulation and flowback design for Stage 2 operations, while testing Miocene aged Gareji reservoir interval situated between 2519m - 2554m. For reference, Stage 1 was completed with 15 metric tons of proppant whereas Stage 2 included a 20 metric tons of proppant stimulation.

Â

Post Stage 2 stimulation analysis has determined that the contributing intervals to current natural gas production are less than 15% of the perforated and stimulated wellbore section situated between 2519m - 2554m. When combined with reservoir and production analysis, it has been concluded that a larger and more advanced mechanical stimulation will greatly enhance natural gas production rates from the targeted interval.Â

Â

The next phase of testing operations will now focus on establishing larger commercial gas production volumes from the Stage 2 testing interval.

Â

While continuing testing of the second interval of the Miocene aged Gareji reservoir, situated between 2519m - 2554m, additional pressure pumping equipment is being mobilized to conduct a mechanical stimulation with 70 metric tons of proppant and improve well performance. T

of two years to reverse into some company or other.

You do begin to wonder if its p8ss8ng into the wind here now

fallen on tough times pudster- the premium subscription is always first to go.

LMOA

one of the best posts in along time -ive just nominated you to JY to prepare and release the next rns lord lash.
Post recommended

enjoy the coffee buddy, but only half a snickers- commys to get a bit too. :-)))
it is easy to get frustrated here- been in those shoes many times.

could commy and 5p share a snickers.

Frustrating- absolutely.
Why- because we have had hints since september 2017 that we were about to lift off. for real this time.

But
the drop from nearly 0.8 has been on next to no volume.
why - because we had trading days with 1 billion plus shares traded. The 5 percent drops have been on 20 to 30 million. FFS - id need to break a finger to get the percentage of shares in issue to shares traded

The campaign has gone well and been well reported to date. In my opinion the dry up in coms has to do with the April request for arbitrational discussion by the GOGC/SAOG.
In the meantime its been full steam ahead - when buiilding a house- ive done it a few times the comments at the start are usualy - it doesnt look that big, i cant really imagine it
Then when the foundations are in, mmm- its bigger than i thought but still not sure.

Its only when the kit goes on and the better half has been in the formed rooms that she finally sees the big picture.
Im lucky - ive had it in my mind since day 1

And that my friends is why ive been invested in frontera for 10 years. The kit isnt fully erected but we can certainly see the structure forming.

All in my opinion - not intended as investment advice.

I thought id be retired by now but the bloody company i thought would give me that retirment has had problems with foreign invasions, Attempted hostile take overs, the credit crunch, low poo too name a few- but have still beavered away and are close to something good.

Frustrated - Yes, But no more than the company staff or board of directors id expect.

ATB

Great stuff as always

R8 - oh yes it does 😊🇺🇸🇺🇸🇺🇸 🇬🇪 🇬🇪 🇬🇪

LMOA Pudster

this be the calm before the storm.

next to no volume.
very few posts
no change in bid or ask
very few rampers or derampers.

Stale - mate - as we await news now its a bit to close for the shorters to risk it, the traders have no volume to manipulate and heres us LThs sitting patiently waiting on the red dot.

Too much going on in current campaign, tidying up of debt and forward planning for there to be any cause for concern.

Be lovely to get blow yer socks off flow rates. dipped into Eldari B where we have had 1000bopd delivery in the recent past prior to the silting - hoep this fancy new techniques and technology are working the magic. :-)))

whistle while you work.

Chevron are currently off loading their entire North Sea portfolio- is that the kind of thing you mean to look out fir Regdik

Codey you just can’t beat a simultaneous poke into both zone A and B.,...
😜😂😂😂😂

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Weed............
We must be going to get one heck of a news soon ....

how much info has been gained from UD2 since the September 2017 rns to date on top of this from 2016-

Since the first quarter of this year, new mapping has been underway associated with the extensive gas resources that Frontera has identified at the South Kakheti Gas Complex. This new mapping has revealed an approximate additional 15 TCF of gas potential and has served to move previous internal estimates from as much as 187 trillion cubic feet of gas in place from reservoir targets found between 300 meters and 5,000 meters in depth to as much as approximately 202 trillion cubic feet.

Too high bottom hole pressure with extensive gas-bearing interval of approximately 2,000 meters in gross thickness.

Be nice when the knows we know we dont know become the unknown knows we now know - thats for sure. Put us on a parity with SAOG and the recent vistors to GOGC. We are the company after all.

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the subject of main knowledge- no one comes close and the obscure knowledge i should have said. Plus your a bloody good guy.