Frontera Resources To Move To Dino-2 Well After T-45 Completion

12th Mar 2018 13:44

LONDON (Alliance News) - Frontera Resources Corp said Monday drilling has been completed on the first of three wells on the Taribani complex in Georgia.

As announced in late February, Frontera drilled the T-45 well to a depth of 2,700 metres, confirming the presence of 98.9 meter of combined pay interval of target zones nine, 14, and 15.

Frontera said the drilling rig will now be moved to the Dino-2 well for the start of sidetracking and drilling.

Shares in the company were flat at 0.47 pence per share.

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