Frontera Resources Corp.

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News

The joint venture is expected to be the next consortium in moving oil exploration projects in Guyana to the development phase if…

The so-called Intracampos blocks contain some 854 million barrels of oil and will require more than $1 billion in investment, the…

New Financings

Report Date Type Amount (MM) Description
2008-07-08 Frontera Resources Corp. - 2008-07-08 Debt $28.00

Privately placed US$23.5 million of convertible notes due 2013 and released US$5 million in escrow…

Report Date Type Amount (MM) Description
2008-06-05 Frontera Resources Corp. - 2008-06-05 Debt $46.50

Privately placed convertible unsecured notes due 2012 to fund its E&P projects in Block 12 in…

Report Date Type Amount (MM) Description
2007-06-11 Frontera Resources Corp. - 2007-06-11 Buyback $67.00

Privately placed an additional US$20.5 million in convertible unsecured notes due May 2012 as…

Report Date Type Amount (MM) Description
2007-05-14 Frontera Resources Corp. - 2007-05-14 Debt $46.50

Privately placed convertible unsecured notes due 2012 to fund its E&P projects in Block 12 in…

Activity Highlights

An estimate by Netherland, Sewell & Associates for Frontera Resources Corp. indicates prospective resources at its Mtsare Khevi and Taribani gas fields onshore Georgia Republic of 12.91 Tcf, of which 9.38 Tcf is thought recoverable. The…

Houston-based Frontera Resources Corp. reports positive results from a development program in Mtsare Khevi Field. Four recent wells have been drilled targeting the Upper Pliocene-age Akchagil formation: #13MK, #14MK, #22MK and #23MK were drilled…