Proactiveinvestors United Kingdom Frontera Resources Corporation Proactiveinvestors United Kingdom Frontera Resources Corporation RSS feed en Mon, 28 Sep 2020 13:05:04 +0100 Genera CMS (Proactiveinvestors) (Proactiveinvestors) Frontera Resources shares surge as talks advance with “industry majors” Mon, 03 Sep 2018 14:55:00 +0100 Frontera Resources confident it now has answer to Georgia puzzle Fri, 11 Aug 2017 09:15:00 +0100 Frontera Resources to unlock 'huge' crude potential in Georgia Thu, 03 Aug 2017 11:12:00 +0100 King of the Wild Frontera Tue, 28 Mar 2017 15:28:00 +0100 Frontera Resources, the great hope of the Bombed-Out but Bouncing Back portfolio Wed, 22 Mar 2017 11:24:00 +0000 It’s on a tear today, but more to come from Frontera Resources Wed, 22 Mar 2017 09:40:00 +0000 Zak Mir: One-way traffic for Frontera Resources shares (and it’s not upwards) Wed, 16 Nov 2016 12:30:00 +0000 Today's Market View - Frontera Resources Corporation Mon, 24 Oct 2016 09:14:00 +0100 Frontera says it’s not liable for its subsidiary’s debts Mon, 25 Jul 2016 11:02:00 +0100 Today's Market View: Frontera Resources, Sound Energy Thu, 14 Jan 2016 09:23:00 +0000 Frontera Resources shares driven higher by Georgia gas estimates Mon, 20 Apr 2015 08:06:00 +0100 Frontera Resources shares rise as investors look forward to Taribani drilling Thu, 11 Dec 2014 10:45:00 +0000 Frontera Resources still on course at Mtsare Khevi Fri, 28 Jun 2013 11:15:00 +0100 Frontera Resources shares retreat after project update The AIM quoted oil and gas firm, which has several projects on the go, had been bought up notably this week. But, in the wake of Thursday’s operations update the shares retreated back to previous levels.

Thu, 06 Jun 2013 08:33:00 +0100
Frontera Resources on track at Mtsare Khevi Thu, 06 Jun 2013 07:09:00 +0100 Frontera Resources shares advance as investors await first gas Wed, 13 Mar 2013 08:03:00 +0000 Frontera Resources to start gas sales from Mtsare Khevi in September Tue, 31 Jul 2012 09:30:00 +0100 Frontera Resources wins court ruling in US Fri, 20 Jul 2012 08:18:00 +0100 Frontera Resources boosts gas potential in eastern Georgia - UPDATE Mon, 21 May 2012 13:03:00 +0100 Frontera Resources boosts gas potential in eastern Georgia Mon, 21 May 2012 08:26:00 +0100 Frontera Resources draws down £800,000 on equity line to advance work programmes Fri, 10 Feb 2012 07:26:00 +0000 Frontera Resources shares continue rise after chairman/CEO increases holding Thu, 01 Dec 2011 09:56:00 +0000 Frontera Resources reports further positive results from Mtsare Khevi; shares surge Wed, 26 Oct 2011 08:07:00 +0100 Frontera Resources shares up after it discovers extensive new gas resources Tue, 11 Oct 2011 07:46:00 +0100 Frontera Resources delivering on plan to expand production, says Arbuthnot Mon, 19 Sep 2011 12:52:00 +0100 Frontera Resources kicks off new operations campaign at Mirzaani field in Georgia Mon, 19 Sep 2011 08:50:00 +0100 UPDATE: Frontera Resources Corporation places Mtsare Khevi No.31 well into production Mon, 12 Sep 2011 14:27:00 +0100 Frontera Resources Corporation places Mtsare Khevi No.31 well into production Mon, 12 Sep 2011 07:26:00 +0100 Frontera Resources Corporation begins drilling campaign at Mtsare Khevi oil and gas field Tue, 06 Sep 2011 07:51:00 +0100 Frontera Mining successfully fracs oil well in Republic of Georgia Mon, 11 Oct 2010 08:39:00 +0100 Frontera Resources plunges after reporting huge impairment charge on oil and gas properties Mon, 18 May 2009 10:25:00 +0100 Frontera Resources restarts development drilling at Mtsare Khevi in Georgia Tue, 17 Mar 2009 09:32:00 +0000 Drilling difficulties push Frontera lower
Frontera has been attempting to reach the "C" Prospect, the primary target of the well at a depth of 2,950 metres. Unfortunately for investors, Frontera confirmed today that the well had yet again run into "challenging drilling conditions", despite an attempt to encounter the target at a more optimal angle via a sidetrack.

Frontera is now only 200 metres from target depth, but said today that it would have to bring in a different drill rig better equipped for challenging conditions to complete the task, as the current rig continued to encounter well bore instability. A new rig is expected on site in June.

Steve Nicandros, CEO, commented:

"Since February, Frontera's drilling operations at the 'C' Prospect have continued to be encouraging based on the ongoing analysis of mud logs, cuttings, cores, electronic logs and other technical data. Given that we are so close to our primary Cretaceous objective, we have deemed it prudent to evolve our approach to completing this important exploration well. Despite the unexpectedly difficult drilling conditions that have put us within 300 meters of our anticipated primary objective, we remain extremely encouraged about what we have discovered thus far with our work at the 'C' Prospect. In this context, the overall effort on the part of our integrated exploration and operations team has been very commendable and we believe the revisions we have now made to our overall plan will allow us to successfully reach our objectives on this important prospect. "
Tue, 08 Apr 2008 09:11:00 +0100
Frontier completes Benkala acquisition
Frontier placed 6.25 million new shares with Coville Intercorp and issued a US$7.7 million convertible note to Coville in lieu of the final cash payment to acquire the 50% interest. The note is convertible at 14 pence per share for a period of 12 months. The total consideration paid to Coville is US$21 million.

Frontier will issue in total 85.5 million shares with a total value of US$25.4 million of which US$7.4 million will be used to fund working capital requirements for the Benkala development program and costs related to the transaction and placing.

A Competent Person Report on the Benkala Project completed by Wardell
Armstrong International in March 2007 estimated 47.75 million tonnes at an average grade of 0.36% Cu for the oxide mineralisation, and 873.75 million tonnes at an average grade of 0.30% Cu for the sulphide mineralisation.
Thu, 29 Nov 2007 08:20:00 +0000
Frontier Mining finally gets Benkala JV approval
This was the final hurdle is Frontier Mining confirming its 50% interest in a joint venture it has formed for Benkala.

Brian Savage, Chairman and CEO, Frontier, commented “We are very pleased that the Benkala contract has been registered, and now look forward to implementing the initial work on Benkala.”]]>
Tue, 20 Nov 2007 09:34:00 +0000
Frontera Resources Plans to drill 20 wells in 36 months. Sun, 09 Sep 2007 23:00:00 +0100