FRR Frontera Res

TIDMFRR

RNS Number : 2745I

Frontera Resources Corporation

20 March 2018

20 March 2018

Frontera Resources Corporation

("Frontera" or "the Company")

Commencement of Drilling Operations at Well Dino-2

Frontera Resources Corporation, the European-focused oil and gas exploration and production company, is pleased to announce that drilling (sidetracking) operations at the Dino-2 well, the second well of the current three well drilling campaign in the Taribani complex of Block 12 in Georgia, commenced on 20 March 2018.

The drilling operations are expected to be completed within the month of April reaching a total target depth of 2700m. Following completion of the drilling operations, testing of the well is expected to commence and, as previously announced, it is the intention that Zones 9, 14 and 15 of the Eldari reservoir will be stimulated and produced together. Once the testing is completed, the Company will update the market in due course.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

Enquiries:

 
Frontera Resources           (713) 585- 3216 
Zaza Mamulaishvili 
info@fronteraresources.com 
 
  Cairn Financial Advisers 
  LLP                        +44 (0) 20 7213 0880 
Jo Turner / Liam Murray 
WH Ireland Limited           +44 (0) 20 3411 1880 
James Joyce / Alex Bond 
Yellow Jersey                +44 (0) 203 735 8825 
Tim Thompson 
Harriet Jackson 
Henry Wilkinson 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLPGURPWUPRUBU

(END) Dow Jones Newswires

March 20, 2018 05:32 ET (09:32 GMT)

Frontera (LSE:FRR)
Historical Stock Chart
From Mar 2024 to Apr 2024

Frontera (LSE:FRR)
Historical Stock Chart
From Apr 2023 to Apr 2024