Frontera Resources update
Frontera Resources Corporation (AIM: FRR) (OTCQX: FRTE), an independent oil and gas exploration and production company, reported that the company has completed a new phase of drilling operations at the Mirzaani and Mtsare Khevi Fields within its Shallow Fields Production Unit, Block 12, in the country of Georgia.
The press release is quoted as saying:
Frontera Resources Corporation is an independent Houston, Texas, U.S.A.-based international oil and gas exploration and production company whose strategy is to identify opportunities and operate in emerging markets around the world. Frontera has operated in Georgia since 1997 where it holds a 100 percent working interest in a production sharing agreement with the government of Georgia. This gives Frontera the exclusive right to explore for, develop and produce oil and gas from a 5,060 square kilometer area in eastern Georgia known as Block 12.
Click here to access the entire press release
Click here to access Frontera Resources Corporate Site
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Thu, Feb 4, 2010
Post by Melissa Pistilli, Gas Senior Reporter