Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/frontera-updates-progress-at-mtsare-khevi-gas-and-.shtml

Frontera updates progress at Mtsare Khevi Gas and Taribani Field complex

Frontera Resources Corporation announces operations progress at its Mtsare Khevi Gas Complex and Taribani Field Complex in Georgia, as

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Frontera Resources Corporation

Frontera Resources Corporation announces operations progress at its Mtsare Khevi Gas Complex and Taribani Field Complex in Georgia, as well as a general operations update for other key areas of its portfolio.

Highlights

• Mtsare Khevi Gas Complex: ◦ Well #34 successfully drilled as ongoing drilling campaign continues. ◦ Expansion of gas processing/sales facilities. ◦ Independent assessment of internal 11 TCF gas-in-place resource estimate in progress.

• Taribani Field Complex: ◦ Drilling preparation associated with Varang Exploration farmout in progress. ◦ Existing well workover/frac-recompletion campaign advancing. ◦ Internal study identifies new 9 TCF gas-in-place resource associated with deep horizons of Taribani Field. Independent assessment in progress.

Tags: Frontera Resources Corporation