Stock Market News
Frontera Resources completes drilling at Dino-2 well
European focused exploration and production company Frontera Resources has successfully completed drilling operations at the Dino-2 well, the second well in a three-well drilling campaign at its Taribani asset in Georgia.
Frontera side-tracked the well from an existing wellbore before drilling to a vertical depth of 2700m into the Eldari formation, situated within its Block 12 license in Georgia, with data from the drilling and wireline logging confirming the presence of 78.8 m of combined pay interval of target zones 9, 14 and 15.
Cement bond logging indicated a consistent bond across all zones of interest, allowing for effective containment of the fracturing stimulation.
Frontera noted that the current bottom hole pressures at Dino-2 were calculated to be between 6,800 and 7,200 psi.
Once the drilling rig, set to be moved to its T-39 well location for commencing well sidetracking and drilling operations there, is released from Dino-2, wireline and pressure pumping equipment will be mobilised to the site for perforation and mechanical stimulation of Frontera's target zones and further well testing.
As of 1200 BST, shares had gained 4.50% to 0.58p.
Frontera side-tracked the well from an existing wellbore before drilling to a vertical depth of 2700m into the Eldari formation, situated within its Block 12 license in Georgia, with data from the drilling and wireline logging confirming the presence of 78.8 m of combined pay interval of target zones 9, 14 and 15.
Cement bond logging indicated a consistent bond across all zones of interest, allowing for effective containment of the fracturing stimulation.
Frontera noted that the current bottom hole pressures at Dino-2 were calculated to be between 6,800 and 7,200 psi.
Once the drilling rig, set to be moved to its T-39 well location for commencing well sidetracking and drilling operations there, is released from Dino-2, wireline and pressure pumping equipment will be mobilised to the site for perforation and mechanical stimulation of Frontera's target zones and further well testing.
As of 1200 BST, shares had gained 4.50% to 0.58p.
Related share prices |
---|
Frontera Resources Corporation (DI) (FRR) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price