Frontera Resources Corporation

Significantly De-risked asset with transformational reserves Georgia - Block 12

  • Area

    5060 km2

  • Seismic

    2D: 1856 km 3D: 230 km2

  • Wells drilled

    1204

  • Interest

    100% Frontera Resources

  • Resources

    Oil – 10,225 MMbbl (OOIP) of which 1,673 MMbbl is recoverable;
    Natural Gas – 12.9 TCF (OGIP) of which 9 TCF is recoverable

     

Taribani

The Taribani field is a large under-developed oil field covering an area of approximately 80 km2 (potentially 800 km2) on the southern side of Block 12. Productive zones are situated in the Miocene and Pliocene aged sandstone reservoirs that have been deposited in fluvio-deltaic (continental) to nearshore marine environments. The reservoirs are situated between -2200 and -3500 meters.

Taribani also has substantial deep gas prospects, situated bellow current oil producing reservoirs. Primary reservoir targets are all Miocene-aged nearshore to deepwater clastic sediments situated between -3500 and -5600 meters.

More about TaribaniView Taribani gallery

Gas Complex Mtsarekhevi (MGC)

The MGC prospects are located approximately 50 kilometers (km) east-southeast of the capital city of Tbilisi and are situated inside the 950 km2 MGC area.

All of the reservoir targets are nearshore to deepwater clastic sediments. The prospective MGC reservoir zones are situated between -1200 and -4500 meters.

More about MGCView Taribani gallery

Mirzaani

The Mirzaani field is a large Oil field on the Northern side of Block 12 covering an area of approximately 100 km2. Productive zones are situated in the Miocene aged sandstone reservoirs that have been deposited in continental to nearshore marine environments. The reservoirs are situated at depths of between 600m and 3000m.

More about MirzaaniView Shallow Fields gallery

Production Unit Shallow Fields

Within the Tertiary Clastics Play, Frontera has identified and high-graded the area associated with ten existing discovered and undeveloped fields. Within this area, oil has extended into and out of the synclinal axis of the trapping folds. This provides a good indication of the significant quantities of oil generated in the Upper Kura Basin where Block 12 is situated.

More about Shallow FieldsView Shallow Fields gallery
feat-shallow

Play Unit Basin Edge

The Basin Edge “B” Prospect and the Basin Edge “C” Prospect are situated in the Cretaceous Carbonate Play which lies along the northern border of Block 12 and represents one of the newest and potentially most prolific exploration plays in the Upper Kura Basin.

More about Basin EdgeView Basin Edge gallery

Oil & Gas Transportation

Frontera currently exports crude oil to international markets via the Georgian Black Sea port of Batumi. Whereas, natural gas is sold domestically via the national gas distribution grid.

Over time Frontera has developed reliable efficient and safe infrastructure and systems to process, gather, store, transport and market hydrocarbons from Block 12 on an ongoing basis.

More about transportation