The Board of Frontier is pleased to provide shareholders with an operational update on its activities in Namibia.
Frontier's Blocks 1717 and 1817, located in the Owambo Basin in northern Namibia, cover an area of approximately 18,933 square kilometers. Frontier is operator with a 90% working interest while NAMCOR, the Namibian National Oil Company, has a 10% carried interest in the licence.
The Company recently completed a soil gas survey consisting of 903 sites on an approximate one kilometer spacing along roads and tracks within the licence blocks. The purpose of the survey was to determine if a hydrocarbon generating source rock is present in the area and, if so, whether it has generated oil or gas.
Tags:
Frontier Resources International
Comments on this page are closed.