couple of busy days at work14 Jun 2018 13:50
and good to switch off from watching the paint dry here.
16th fast approaching.
News flow on multiple fronts due near term.
next drill with non dilutive funding
option to settle YA debt from revenue
Sun shone for 4 consecutive weeks in Scotland - whats not to like.
Ohhh, yes- The SP.
The only blight on the current playing field.
For those that keep repeating we need to prove up to achieve value, despite 20 years worth of proving up lol, I leave you with this extract to get your juices flowing from September 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.
This new mapping work is integral to the Company’s continued assessment of the significant gas potential it has discovered with its historical investments and will provide the basis for completion of the next independent report related to natural gas in the Complex. Due to the significant area of the South Kakheti Gas Complex that is related to more than 2,500 square kilometers that contain approximately 2,000 kms of 2D and 150 sq km of 3D seismic data, as well as more than 680 modern and historical wells, integration of this work has taken longer to complete than originally anticipated. As a result, the Company expects that the next independent report will be issued during the first half of 2017. In the meantime, Frontera is advancing its work programs based on its internal assessments and completed independent reports.
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