Georgia: Frontera to renew work in Kura oil fields

Aug. 15, 2011
Frontera Resources Corp., Houston, said it strengthened its balance sheet and plans to launch a new work plan for Mtsare Khevi and Mirzaani oil fields in the Shallow Fields Production Unit in Georgia.

Frontera Resources Corp., Houston, said it strengthened its balance sheet and plans to launch a new work plan for Mtsare Khevi and Mirzaani oil fields in the Shallow Fields Production Unit in Georgia.

Frontera, with a 100% interest in onshore Block 12 in the underexplored Kura basin, sees the potential to increase production to as much as 5,000 b/d from 225 b/d (OGJ, Nov. 26, 2007, p. 32). The company promised to provide more detail next month.

About the Author

Alan Petzet | Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.