Frontera Resources Starts Sidetrack Work On Georgia's Dino-2 Well

20th Mar 2018 13:52

LONDON (Alliance News) - Frontera Resources Corp said on Tuesday it has begun drilling work at the Dino-2 well on the Taribani complex in Georgia.

Dino-2 is the second of three wells on the complex, located on block 12, and Frontera is undertaking sidetracking work on the well.

Frontera expects work to complete during April after reaching the target depth of 2,700 metres. Testing will take place after drilling, and Frontera plans to stimulate and produce zones 9, 14, and 15 of the Eldari zone together.

Shares were down 2.2% on Tuesday afternoon at 0.43 pence per share.

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