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.

sp wise....was it something I said ?....gone down now !.

The Americans will not get involved apart from criticising verbally...they got enough in their hands dirty in Iraq and Afghanistan already. Furthermore Russia is a super-power.

Perhaps not but they might supply portable anti tank missiles and stingers....to the Georgian forces....what we need is peace in the region, politicians are to blame for this small conflict, I just want FRR to get on with the drilling !.

sorry req........russia have spies in countries now to do with energy......and as i say, putin wants georgia etc back......also ukraine will come under his radar again soon.....and putin shows no mercy

the russians r still there.....dont seem to be budging.......ukraine could be next on hitlist.....although russia did ay they wanted to nuke poland last weekend in news.

not surprised to see this down much further in last few days........cant see georgia situation easing for a long time....... in fact i imagine whole region to be nervous for many years to come

oh dear............

Russia threatens new confrontation over Georgian provinces
A fresh confrontation between Moscow and the West was looming after Russia announced that it was preparing to recognise the independence of the two Georgian breakaway regions of Abkhazia and South Ossetia.

By Adrian Blomfield in Tbilisi
Last Updated: 7:58PM BST 20 Aug 2008

Previous1 of 2 ImagesNext A Russian tank passes by a huge portrait of Russian prime minister Vladimir Putin as it passes through Tskhinvali, South Ossetia Photo: EPA
Russia has indicated that it was no longer prepared to honour UN edicts on the breakaway provinces of Abkhazia and South Ossetia Photo: GETTY
The State Duma, Russia's parliament, has been recalled and will meet in emergency session on Monday to debate an Abkhaz appeal for immediate recognition of the region's sovereignty. The South Ossetian rebel leader, Eduard Kokoity, said he would follow suit imminently.

Russian acquiescence to the proposals would inevitably mark a serious escalation of the crisis in the Caucasus by further undermining a fragile ceasefire in the area and creating a fresh diplomatic rift with the United States and Europe.

Since the fall of the Soviet Union, Russia has signed 14 United Nations Security Council resolutions upholding accepting that Abkhazia and South Ossetia remain part of Georgia despite establishing rebel administrations after secessionist wars in the early 1990s.

But after crushing Georgia on the battlefield, Russia has indicated that it was no longer prepared to honour UN edicts on the breakaway provinces. Earlier this week, Russia's foreign minister Sergei Lavrov told the world to "forget" about Georgia's territorial integrity.

Moscow is now signaling that it will move much quicker than expected in formally recognizing the two regions.

Sergei Mironov, speaker of the Duma's upper house or Federation Council, said a vote on recognition would be overwhelmingly passed.

"The Federation Council is ready to recognize the independent states of South Ossetia and Abkhazia if that is what the people of these republics want," he said.

There can be little doubt that the legislators who sit in the Duma, whose independence from the executive was removed by the prime minister Vladimir Putin, will vote as they are ordered.

Recognition can only be made with the agreement of President Dmitry Medvedev. He has already said that he would "unambiguously" support independence for the two provinces.

Such a move would place tremendous strain on the fragile French brokered truce that ended the five-day war last week. Georgia has insisted that it would not tolerate losing either province, while the international community has repeatedly insisted that the country's borders would not be changed.

Russia, which has long given financial and military backing to both South Ossetia and Abkhazia, has accused the West of hypocrisy in supporting independence for Kosovo but opposing sovereignty for the two regions.

The West has argued that Kosovo was a special case, in large part because of its overwhelmingly Albanian majority. The Abkhaz have only become a majority in Abkhazia after 300,000 ethnic Georgians were forced to flee their homes during a brutal war in the early 1990s. Ossetians are a majority in South Ossetia, but the tiny province - roughly the size of Norfolk - has many ethnic Georgian villages too.

The development came as the focus of diplomatic pressure on Russia switched from the United States to Europe, with Britain, France and Germany all condemning Moscow for reneging on pledges to withdraw its troops from Georgia.

While 40 empty army lorries were seen heading back across the Georgian border, there was no sign of a large-scale withdrawal and in many parts of the country Russian troops continued to dig themselves in.

Fed up with Russia's recalcitrance, David Miliband has warned the Kremlin that it faced serious consequences for its invasion of Georgia even if it does finally honour repeated pledges to its withdraw troops.

"Withdrawal is the first step but that doesn't mean that we forget about what has happened," the Foreign Secretary said in Tbilisi. "The sight of Russian tanks in a European city has been a chilling one." France accused Russia of breaking its word on a pullout three times, while Germany described Moscow's apparent prevarication as "very unsatisfactory".

Mr Miliband also condemned Russia's attacks on Georgia's civilian infrastructure, accusing Moscow of seeking to command international respect in a "very Cold War way".

The russians have a damn cheek !, I wonder what they would they would say if a so called region in their country was supported by foreign powers, they only seem to recognise force.....anyway the americans are starting to come....unloading help in a Georgian port...perhaps we might have peace at long last !.

russia are staying on poti which is main place for transport of oil.....strange that eh. anyway, usa are to pre-occupied with iran, afghanistan, iraq etc which is maybe another reason why russia are now moving into europe again.

watch out for ukraine next requoired field.....russia r giving them russian passports in last few weeks........they did that to south ossetia 5 years ago!!!

yes, russia bully, rape and use violence......they never seem to change in life no matter what time in history one looks at.
one thing russia doesnt like is soft people.........they will stand on your throat if they sense softness.......thats why main western powers need to stand up to them.

there may be peace as such but this whole region is going to be tense for many years now at least.

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 !.