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Frontera Resources opening play in northern Kura basin, Georgia

11/26/2007
Oil and gas industry interest in searching for additional production potential throughout the Black Sea region has been on the increase for several years.Bringing new production supplies on line in this area presents attractive economics to exploration and production companies due to close proximity to consumption markets and could be a boon to those countries in the immediate area that currently must import a sizable quantity of their energy supply—especially natural gas—from Russia and beyond.Recognizing the productive potential of the geology and the need for “homegrown” energy supplies in the area, Frontera Resources entered this region a decade ago to make the m...
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