more money needed i expect rights or placing, to send s/p down will maybe buy when this is over my buy price 4.25 the black bird has spoken

could have been better received!!

I think the general consensus is that there is nothing new there and that made a lot of p.i's take profits as they too were hoping for a big return. That said if they bought at circa 1.10 to 1.15 and got out at 1.35-1.40 they did well!!

Me, im holding still and adding as the whole picture has not been revealed. i have taken this as an interim rns with more to come, holdings one as i believe that Outrider as acquiring and seconbdly the new Broker Note too.............

as skyhigh staes, a little more patience!

GRA

FRR is def being shorted today! Support appears to be the 1.10p region and as before the sp bounced off it!!!!

GRA

A good end to a hard day, i believe that the end to the current shake is nigh!

GRA

yes you may be right, the end is nigh!

ah BUT not THE END of course!!!!

Too much news due and too many ii's buying for that to happen!

GRA

disappointing sp but good time to top up at these levels I think. (imho) I might buy a few more!

Very disppointing at mo, believe the p.i s are being shaken out to accommodate ii buying. The retail amount of shaers is diminishing rapidly!!!!!

GRA

694% Upside

On the front line

Following the successful restructuring of its balance sheet in 2011,

Frontera has started its two year development plan at three fields in

Georgia. Since then the company has made progress and is gearing up to

start gas sales in April. We feel that the company is well placed to meet

its production target of 5,000bbl/d in 18 months.

Development underway

The two-year plan started in September 2011 and has already yielded a gas discovery

at Mtsare Khevi. Oil production continues at 220bbl/d and the company has 300boepd

of gas production shut in and due to come to market in April. Given these initially

positive results, we are comfortable that the company can meet its goal of 5,000bopd

within the two development timeframe.

Balance sheet restructured, funding is available

Last year saw the conversion of 85% ($91.1m) of the company’s debt being converted

into equity as well as raising $11m of new money. The company has recently drawn

down a $3.1m loan using its SEDA facility to pay for its development activities.

Frontera has yet to tap into the $250m cost recovery pool given that production has

yet to ramp up. Again we are comfortable for now that sufficient capital is available to

the company to fund its future activities.

Overhangs could still be an issue

With c.2.2 billion shares in issue as well as several large holding, long suffering

shareholders, there remains potential for large overhanging sell orders in this stock in

future. Clearly such circumstances would depress the share price again.

Valuation and recommendation

Frontera’s share price has been very weak since the placing (at 4p) last year due to a

substantial share overhang in the market, which has now been cleared out. However,

the company has made good progress with its development project so far, but has yet

to benefit from any increase in production so far. The share price should be driven by

positive production news over the next 18 months. We therefore initiate coverage

with a Buy recommendation and set an 18 month of Target Price of 8p. We have not

included a valuation for the exploration assets as there is no work plan or funding for

them, but these could add significantly to the valuation once they come into play.

A draft of this research has been shown to the company following which minor factual amendments have been made.

10 February 12 | Initiation of coverage | Oil & Gas

Frontera Resources(AIM:FRR)1,5

BUY

Share price 1p

Target price 8p

694% Upside

Market cap (£m) 21.3

Net debt (£m) 61.1

Enterprise value^ (£m) 82.5

No. of shares (m) 2,070.7

Free float (%) 75.0

Average daily vol ('000, -3m) 17,181

12 month high/low (p) 8/1

(%) 1m 3m 12m

Absolute -20.8 -25.9 -79.9

FTA relative -24.0 -30.7 -79.6

Price & price relative (-2yr)"""""""""

RNS

Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, was notified on February 14, 2012, by Stephen E. McGregor, Executive Director and Chief Financial Officer of the Company of the purchase of 600,000 ordinary shares in the Company ("Ordinary Shares"). Following the share purchases, Mr. McGregor holds a total of 13,044,292 Ordinary Shares, representing 0.61 percent of the Company's issued share capital. The share purchases occurred at the available market price as set forth below.

RNS Number : 6018X

Frontera Resources Corporation

17 February 2012








FRONTERA RESOURCES CORPORATION



Houston, Texas, U.S.A. - 17 February 2012





Director Purchases Shares





Frontera Resources Corporation (London Stock Exchange, AIM Market - Symbol: FRR), an independent oil and gas exploration and production company, was notified on February 16, 2012, by Steve C. Nicandros, Chairman and CEO, of the purchase of 1,230,000 ordinary shares in the Company ("Ordinary Shares"). Following this share purchase, Mr. Nicandros holds a total of 159,493,473 Ordinary Shares, representing 7.42 percent of the Company's issued share capital. The share purchase occurred at the available market price as set forth below.










Director






Date




Purchase Price






No. of Shares






Steve C. Nicandros, Chairman and CEO




February 14, 2012




1.07 pence






1,230,000

More DIRECTOR BUYING!!!!

Onthe move!!!

Good day indeed!!!

From the FT """""Frontera Resources received a 9.2 per cent boost to 1¼p after its chairman and chief executive bought 1.2m shares at market prices."""

Time to get in at these hugelky discounted prices still. 4p is the ii benchmark!!

GRA

Seymour Pierce 'Oil & Gas AIM Initiations' broker presentation February 2012 PDF to view or download if you are interested:

http://www.slideshare.net/colebrooke1/seymour-pierce-oil-gas-february-2012

Contents:

Top picks 4
Bayfield 4
Borders & Southern 5
Gulf Keystone Petroleum 6
Xcite Energy 7
Top regions 8
Oil and gas price outlook for 2012 11
Valuation methodology 12
Exploration 12
Production 12
Companies
Aurelian Oil & Gas 13
Borders & Southern Petroleum 27
Chariot Oil & Gas 37
Faroe Petroleum 51
Frontera 67
Gulf Keystone 77
Gulfsands Petroleum 91
Xcite Energy 107
Bayfield Energy 115
Gold Oil 129
Independent Resources 143

There has been a background seller for some while which has kept this depressed, but what is more notable is the fact that the buyer is taking out larger chunks now. For me, this is a sign that they are keen to accumulcate their target holding quickly. Why, well perhaps they are aware of some news that we are not privy too, secondly, they are aware that the retail shares in free float as such are getting very short and with both the sp will increase rapidly.

All imho, but possible no less

GRA

Good summary GRA,,, I bought some more on Monday.... onwards and upwards!

Thanks Sky,

The various BB 's are feeling a little frustrated and onloved at the mo, but those with foresight and patience will benefit :-)

My basket is full of FRR now so for me its a waiting game.

GRA

A post from hearmenow on iii

Trying to provide current and prospective investors with a balanced overview of this stock at current prices.

POSITIVES

Significantly undervalued (i.e. SP does not reflect upside)
a. Trading under NAV
b. Trading more than 20x under current market cap
c. 0.97p is lowest SP in 5 year history

Producing company (albeit small at 220bopd + 300 boepd gas)

Reserves (P3) and contingent resources of 174mmbbls. Total potential resource base of 2+ billion boe (high case)

100% owner & operator of acreage (Georgia)

Acreage in a proven oil & gas region with local operators & blue chips present nearby

Good infrastructure for exploration & production

Operating in a politically stable & tax efficient region with good fiscal terms

Board/Management team with extensive international experience & significantly invested

Director’s buys at current levels

Near term news flow (development & appraisal drilling in Q2, gas sales in Q2, farm-out news)

Fully funded for near term exploration commitments (until roughly Q3)

Sufficient analyst coverage (Old Park Lane Capital, Seymour Price & finnCap with targets between 8-12p)

NEGATIVES

Poor historical drilling, management & therefore SP performance

High no. of shares in issue (2.15 billion)

Poor liquidity (especially at times of higher volume as spread widens)

No big name institutional investors (e.g. JP Morgan, Goldman Sachs etc.)

Debt (circa £40M)

Level of interest/popularity among investors and media is low

Overall confidence of current investors is low

Second drawdown on equity line (circa $2M) anticipated on or around June 8th 2012 (dilution)

Currently a seller in the market (possibly a current II), resulting in a sustained & depressed SP

SUMMARY & DECISION

Positives outweigh negatives in the short term. Once the seller has completed their business, SP should begin to rise. Excellent short term investment (3-4 months)

A nice summary

GRA

Thanks again GRA...glad i topped up last week....might even get some more.... but as we know these sort of shares do not move up whatever good news comes out..I'm not pinning my hopes on FRR but you never know.. it may just do good!

I'm also in USOP...just waiting for it to come back from a 6month suspension.

Same with NGP....It's about time I started to get something back!

I will be holding this for amin of 12-18 months, so any paper loss i have at the mo will pale into insignificance in the future. From your post i take it you have sold out? I do understand if you were unable to hold, afterall, its only a loss if you sell, as they say.

In the fullness of time and indeed weithin the next 4/6 weeks for starters this will be a comletely different story here.

For me the current selling is Yorkville, taking a quick profit on some of their drawdown shares. Helps them de-risk, just like we would. This will stop of course.