Competent Person Reports (CPRs)

Frontera’s CPRs have been prepared in 2005, 2010 and 2015, by US independent petroleum consulting company Netherland, Sewell and Associates, Inc., in four reports.  The CPRs set forth the following numbers attributable to OOIP, OGIP and recoverable resources across various business units within Block 12, as well as the total numbers for Block 12:

Mtsare Khevi Gas Complex:
Original Gas In Place (OGIP) – 8.3 Trillion Cubic Feet
Recoverable Gas – 5.8 Trillion Cubic Feet
Taribani: 
Original Gas in Place (OGIP) – 4.6  Trillion Cubic Feet
Recoverable  Gas – 3.2  Trillion Cubic Feet
Original Oil in Place (OOIP)  – 1,031 Million barrels
Recoverable Oil  – 155   Million barrels
Mirzaani
Original Oil in Place (OOIP)  – 1,110 Million barrels
Recoverable   Oil – 114   Million barrels
Basin Edge
Original Oil in Place (OOIP)  – 7,480 Million barrels
Recoverable Oil  – 1,318  Million barrels
Shallow Field Production Unit (SFPU)
Original Oil in Place  (OOIP)  – 604 Million barrels
Recoverable Oil  – 87.1 Million barrels
Total Block 12
Original Oil in Place  (OOIP)  – 10,225 Million barrels
Recoverable Oil  –  1,673 Million barrels
Original Gas In Place (OGIP) – 12.9 Trillion Cubic Feet
Recoverable Gas – 9.0 Trillion Cubic Feet

Click here to view the January, 2015 Assessment of Undiscovered Original Gas-in-Place and Unrisked Gross (100 Percent) Prospective Gas Resources for Mtsare Khevi Gas Complex. 

Click here to view the January, 2015 Assessment of Undiscovered Original Gas-in-Place and Unrisked Gross (100 Percent) Prospective Gas Resources for Taribani Field.

Click here to view the July, 2010 Assessment of Gross (100 Percent) Contingent and Prospective Resources for the Shallow Fields Production Unit

Click here to view the February, 2005 Petroleum Consultant’s Report