This is another possible incredible winner, Could double all of a sudden, depending
on flows and future discoveries, better send off those (Wben) forms now as
this is an American Stock traded on Aim.

Just hoping that FRR can get on with a possible fantastic strike with the "C Prospect" !.

SELL FRR - 58p now. Georgia is a place to avoid now as activities on the onshore Kura Basin situated between the Caspian Sea and the Black Sea in the nations of Azerbaijan and Georgia will be likely to stall. Very, very risky.

This is getting more serious in the region where FRR is operating...


Tuesday September 9, 2008


Russia plans 7,600 force in Georgia rebel regions
By Conor Sweeney and Oleg Shchedrov

MOSCOW (Reuters) - Russia announced plans on Tuesday to station about 7,600 troops in Georgia's separatist regions, more than twice the number based there before last month's war and a level likely to alarm the West.

Russian Foreign Minister Sergei Lavrov said troops would stay in South Ossetia and Abkhazia for a long time to prevent any "repeat of Georgian aggression".

Moscow's intervention in Georgia last month, in which its forces crushed an attempt by Tbilisi to retake South Ossetia, drew widespread international condemnation and prompted concern over the security of energy supplies.

Russia agreed on Monday to withdraw its soldiers from areas outside South Ossetia, and the second breakaway region of Abkhazia, within a month, but troops inside the two regions were not explicitly mentioned in the French-brokered deal.

Briefing Russian President Dmitry Medvedev on talks with the separatist leaders, Defence Minister Anatoly Serdyukov said: "We have already agreed on the contingent -- in the region of 3,800 men in each republic -- its structure and location."

Russia angered the West last month by recognising Abkhazia and South Ossetia, which threw off Tbilisi's rule in separatist wars in the 1990s, as independent states. Nicaragua is the only other state to have recognised their independence.

Lavrov also met the two separatist regions' foreign ministers on Tuesday to formally establish diplomatic ties, a step likely to further irritate Western governments.

Asked at a news conference how long Russian forces would stay in South Ossetia and Abkhazia, Lavrov said: "They will be there for a long time, at least for the foreseeable period. That is necessary to not allow a repeat of Georgian aggression."

PEACEKEEPING FORCE

Russia has said it was morally obliged to send in its military last month to prevent what it called a genocide in the separatist regions by an aggressive Georgian government.

Before fighting broke out in Georgia last month, Russia had a peacekeeping force of 1,000 servicemen in South Ossetia and a contingent of about 2,500 in Abkhazia. They were operating under a peacekeeping mandate dating back to the 1990s.

Russia has welcomed the European Union's role as a mediator over Georgia but in sharp contrast, it has accused the United States of contributing to the conflict by arming Georgia and failing to rein in its leadership.

Russia's Foreign Ministry said the White House's decision to rescind a draft agreement on civilian nuclear cooperation with Russia was "mistaken and politicised."

U.S. Vice President Dick Cheney, who visited Georgia last week to show solidarity with the ex-Soviet state, said in Rome on Tuesday that the international community was united in deploring Russia's military action.

LIMITED RESPONSE

Both the European Union and the United States have warned Russia it could face serious consequences over its actions in Georgia, but the scope for punitive measures is limited.

Europe depends on Russia for more than a quarter of its gas supplies and Washington needs Russia's cooperation in efforts to curb Iran's nuclear ambitions.

After four hours of talks outside Moscow on Monday, Medvedev and EU leaders led by French President Nicolas Sarkozy agreed that Russian forces in buffer zones outside South Ossetia and Abkhazia would pull back within a month.

They are to be replaced with an international monitoring force which will include a 200-strong EU contingent.

Questions remain about Russia's dominant role inside the two separatist regions, where most residents hold Russian passports.

The fighting in Georgia worried energy markets because it was waged near the route of an oil pipeline that can pump up to 1 million barrels of crude per day from the Caspian Sea. The pipeline is favoured by the West because it bypasses Russia.

The International Court of Justice in the Hague, the highest United Nations court, this week began hearing Georgian allegations that Russian violated the human rights of ethnic Georgians in the separatist regions.

Anatoly Nogovitsyn, deputy head of the Russian military's General Staff, said Russia had nothing to hide.

"At this trial, our position is calm and dignified," he told foreign military attachees. "I am firmly convinced that the Russian Federation took the only right decision."

FRR is risky but it is operating hundreds of miles away from the 2 regions......I have no doubt that the taxation in Georgia will rise due to this brief war but hopefully peace is here now even though both parties will be on edge.....the oil prospects are good....looking back...I should have taken some profits....now I am in for the long term....I really can't see the Russians bombing the pipelines or anywhere near where Frontera operates in the forseeable future....a risk FRR is but a there is a hell of a lot of upside !.

Got this right...now 50p...I guess the Palin lady is probably helping me as she is causing tension with Russia.

FRR is getting riskier now.

Might be a good time to buy in !,......If the Russians made another move there would be a major war and then the hole black sea and caspian sea area would be in a turmoil.....BG.,BP....DGO....etc...loads of big firms all around that area would be stuffed, not just FRR...so to my way of thinking this is an unjustified drop, a bit like KMR's the other day....operations are on going, though delays will be inevitable !.

Where is "evil" to advise us on this one?

At my last look on t1ps.com, he was still going long....for all the oil stocks we need an oil price rise.....never met a year like this one ; a rise up to $147 really over the top....followed by a ridiculous overdone drop to the present levels !.

Evil is dead wrong on FRR

It would appear evil is not so good at longs, but I think he should at least give a comment when he gets it wrong. Too many tipsters never own up to their mistakes.

True, but all oil stocks have suffered in the market turmoil......patience !.

Good clear the air case won today...never very good for a small stock's sp when a case is pending and they have won $85000 in expenses !.

Nice move lets hear from evil.

Another good result, if only oil would rise !.

Some good news for a change !.

FRR in the doldrums

Yes EK really got this one wrong.

4 well update imminent from goergia ,1 week for each well started middle of march.50-60p oversold and crazy mkt cap 13m.volume building each day.

director paid 25p for a 100k in dec.since a new discovery and 4 well update imminent adding everyday.50-60p

courtesy of ghhgh on advfn frr talk that they have cracked flow problems for thier 1.2m barrel discovery @ tirabi field