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Frontera Resources reports encouraging results from Mirzaani #1 well

24 November 2009

Frontera Resources has reported multiple hydrocarbon shows from its drilling of the Mirzaani #1 well on the Mirzaani Field in Georgia. Efforts are now underway to prepare for production testing in early December.

Open-hole logging operations have been completed on the well and initial analysis indicates that it contains around 146 meters of total net sandstones with average porosity values of approximately 20-25%. These Lower Pliocene age Shiraki formation sandstones are distributed among seven known field reservoir horizons, Zones 12-18, that are situated at depths between approximately 1,200 meters and 1,490 meters.

The new well is located approximately 520 meters to the south-west and as much as 20 metres up-dip of the currently producing #73 well within the field.

AIM listed Frontera has recently been working on boosting production from its operations on the Shallow Fields Production Unit, which lies between the Caspian Sea and the Black Sea in Azerbaijan and Georgia. Apart from drilling on the Mirzaani Field, the company has drilled and completed three new wells at on the Mtsare Khevi Field.






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