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Frontera Resources provides update on Taribani Field


Published Oct 11, 2007
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Frontera Resources provides update on Taribani Field

Frontera Resources Corporation continues development drilling operations at the Taribani Field Unit within Block 12, Georgia. The Taribani #45 (T-45) well commenced on October 10th and is expected to take approximately 50 days to reach a total depth of 2,400 meters.

Steve C. Nicandros, President and Chief Executive Officer, commented, "The commencement of drilling operations at the T-45 well is the latest milestone achieved in our continuation of a Zone 9 development program for the Taribani Field Unit. Our progress to date at both the Dino #2 and T-45 wells represents steady progress toward our goal of realizing the significant value that our historical investments in this large undeveloped field have identified."

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, today announced the continuation of development drilling operations at the Taribani Field Unit within Block 12, Georgia. The Taribani #45 (T-45) well commenced on Wednesday, October 10th and is expected to take approximately 50 days to reach a total depth of 2,400 meters.

Steve C. Nicandros, President and Chief Executive Officer, commented, "The commencement of drilling operations at the T-45 well is the latest milestone achieved in our continuation of a Zone 9 development program for the Taribani Field Unit. Our progress to date at both the Dino #2 and T-45 wells represents steady progress toward our goal of realizing the significant value that our historical investments in this large undeveloped field have identified."




   

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