Frontera tests raise expectations
26th Oct 2011 12:26
Shares in Georgia-focused oil and gas group Frontera Resources surged higher on Wednesday after tests on the Mtsare Khevi #32 well showed the potential to double its rate of production. Testing operations on zone I of the well - situated on the Mtsare Khevi Field within its Shallow Fields Producti
Read moreFrontera Resources claims "well big" success
11th Oct 2011 08:07
Frontera Resources, the Georgia focused oil and gas company, says that a new well has hugely increased the size of its Mtsare Khevi field. So-called "well 32" was dug to a depth of 370 metres and the test results delivered a flow rate of approximately 12,500 cubic meters of gas per day. Frontera's
Read moreFrontera drilling fails to impress
12th Sep 2011 15:14
Oil and gas exploration company Frontera Resources has completed drilling at the first well on its Mtsare Khevi field in the former Soviet republic Georgia and will begin new drilling operations shortly. Despite the well being drilled five days ahead of plan, investors showed their disappointment
Read moreFrontera boosts production in Georgia
6th Sep 2011 08:30
Frontera Resources, the oil and gas company, says it has started new drilling operations at its Mtsare Khevi Field in Georgia. This is the beginning of a programme of drilling 20 new wells in the area which currently provides just 90 barrels of oil per day . According to the engineering firm Sewe
Read moreFrontera raises cash and ups sticks
18th Jul 2011 10:29
Independent oil and gas exploration and production company, Frontera Resources, said shareholders had given the thumbs up for a plan to raise funds and relocate the firm to the Cayman Islands. In June Frontera announced a funding plan that could provide up to £28.3m (US$46m) in new funding, most of
Read moreSmall caps round-up: Sagentia, Conroy Diamonds, Imaginatik ...
11th Oct 2010 13:24
Shares in Sagentia moved higher after the technology and product development consultant said profits for the full year will be ahead of previous expectations following a better than expected summer. 'Consultant utilisation has remained high over the summer contrary to the anticipated seasonal slo
Read moreFrontera Resources Extension To Exchange Offer For Convertible Debt
22nd Jul 2010 07:00
TIDMFRR RNS Number : 7274P Frontera Resources Corporation 22 July 2010 FRONTERA RESOURCES CORPORATION Houston, Texas, U.S.A. - 22 July 2010 FRONTERA RESOURCES ANNOUNCES EXTENSION TO EXCHANGE OFFER FOR CONVERTIBLE DEBT AND WARRANTS
Read moreGCM Resources chairman buys in
25th Sep 2009 16:58
Coal mine developer GCM Resources' non-executive chairman Gerard Holden has bought nearly £45,000 worth of shares in the company. He took 50,000 at 89p a time. The shares closed at 92p going into the weekend. GCM is hoping to develop the Phulbari Coal project in Bangladesh, pending approval from
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