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Last 0.73 GBp
Change Today +0.01 / 1.40%
Volume 16.2M
FRR On Other Exchanges
As of 12:12 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

frontera resources corp (FRR) Snapshot

0.72 GBp
Previous Close
0.72 GBp
Day High
0.75 GBp
Day Low
0.72 GBp
52 Week High
09/25/14 - 1.84 GBp
52 Week Low
12/10/14 - 0.54 GBp
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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frontera resources corp (FRR) Details

Frontera Resources Corporation, together with its subsidiaries, engages in the exploration, production, and development of oil and gas projects in the Republic of Georgia. The company focuses on the development of reserves in known hydrocarbon-bearing basins. It holds a 100% working interest in Block 12 covering an area of approximately 5,500 square kilometers located in the Kura Basin in eastern Georgia. The company also exports oil to international markets through the Georigan Black Sea port of Batumi. Frontera Resources Corporation was founded in 1996 and is headquartered in Houston, Texas.

Founded in 1996

frontera resources corp (FRR) Top Compensated Officers

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Executives, Board Directors

frontera resources corp (FRR) Key Developments

Frontera Resources Corporation Signs Strategic Memorandum of Understanding with National Joint Stock Company Naftogaz of Ukraine

Frontera Resources Corporation announced that on 13 July 2015 it signed a strategic Memorandum of Understanding with National Joint Stock Company Naftogaz of Ukraine. The MOU serves to establish a focused joint effort to work together in upstream exploration and production projects in Ukraine, as well as to study the possibility to bring liquefied natural gas (LNG) to Ukraine from Frontera's ongoing work in Georgia where it has identified combined prospective natural gas resources of as much as 12.9 trillion cubic feet (365 billion cubic meters) of gas-in-place, with as much as 9.4 trillion cubic feet (266 billion cubic meters) of recoverable prospective natural gas resources at the Mtsare Khevi Gas Complex and Taribani Field Complex. These natural gas resources were recently announced by Frontera earlier this year and confirmed in reports by the U.S.-based independent consulting firm of Netherland, Sewell & Associates. The MOU was executed by Andriy Kobolyev, Chairman and Chief Executive Officer of Naftogaz of Ukraine, and Steve C. Nicandros, Chairman and Chief Executive Officer of Frontera. The signing took place in Washington, D.C. during the first U.S.-Ukraine Business Forum, hosted by the U.S. Chamber of Commerce in collaboration with the U.S. Department of Commerce.

Frontera Resources Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Frontera Resources Corporation reported audited consolidated earnings results for the year ended December 31, 2014. For the year, the company reported Revenue - crude oil & natural gas sales of $6,429,918 against $6,054,338 a year ago. Loss from operations was $6,946,521 against $7,408,215 a year ago. Loss before income taxes was $12,489,774 against $11,189,235 a year ago. Net loss and comprehensive loss was $12,489,774 against $11,189,235 a year ago. Net cash used in operating activities was $4,038,385 against $5,157,331 a year ago. Investment in property and equipment was $3,383,414 against $1,011,889 a year ago. Investment in oil and gas properties was $717,508 against $476,489 a year ago.

Frontera Resources Corporation Appoints Zaza Mamulaishvili to the Board as an Executive Director

Frontera Resources Corporation announced that Zaza Mamulaishvili has been appointed to the board as an executive director of the company with immediate effect. Mr. Mamulaishvili is a co-founder of Frontera Resources Corporation and currently serves as President of the company.


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