1. Frontera Resources
Tel: (713) Fax: (713)
Frontera Resources Corporation 3040 Post Oak Boulevard, Suite 1100 Houston, Texas U.S.A.
An international oil and gas exploration and production company listed on the London Stock Exchange (FRR)

2. European focused oil and gas exploration and production company
Frontera Resources
European focused oil and gas exploration and production company
Greater Black Sea Region Focus:
Target large underdeveloped oil/gas-bearing basins in emerging markets
Oil and Gas contracts in Georgia and Moldova
Current operations focus is on extensive asset portfolio in Georgia with giant oil and gas resources situated on doorstep of European consumption markets.
Board/Management Team with extensive oil and gas experience
03/11/2017
Frontera Resources Corporation

3. Frontera Resources Corporation
Greater Black Sea Region Focus
03/11/2017
Frontera Resources Corporation

4. Frontera Resources Corporation
Oil and Gas Pipelines and Railways
Very well developed oil and gas
Export and domestic pipeline
Infrastructure runs through Block 12
03/11/2017
Frontera Resources Corporation

5. Frontera Resources Corporation
Resource estimates
Oil
OOIP Billion bbls
Recoverable: 1.7 Billion bbls
Gas
OGIP 12.9 TCF
Recoverable: 9.0 TCF
Netherland Sewell and Associates
reports 2005; 2010; 2015;
OGIP 8.3 TCF
OOIP
7480 MMBBLS
OOIP 1031 MMBBLS
OGIP 4.6 TCF
OOIP
1110MMBBLS
2,000 kms of 2D and 150 sq km of 3D seismic
More than 680 modern and historical shallow and deep wells
03/11/2017
Frontera Resources Corporation

6. Frontera Resources Corporation
Current Focus Areas
Mtsare Khevi Gas Complex
Original Gas In Place: 8.3 Trillion Cubic Feet Recoverable Gas: Trillion Cubic Feet
Taribani field
Original Gas in Place: 4.6  Trillion Cubic Feet Recoverable  Gas:   Trillion Cubic Feet Original Oil in Place: 1,031 Million barrels Recoverable Oil:    Million barrels
03/11/2017
Frontera Resources Corporation

7. Frontera Resources Corporation
Kura Basin Miocene-Oligocene Formations
03/11/2017
Frontera Resources Corporation

8. Frontera Resources Corporation
Extended Eldari Formation
03/11/2017
Frontera Resources Corporation

9. Frontera Resources Corporation
Taribani Field, Development of Eldari Formation
Niko #1 on test
Frontera’s near-term focus is to develop Eldari Formation at the Taribani Area, situated between 800m-2,800m
The Taribani Area covers 80 km2, potentially extending to 600 km2
Netherland, Sewell & Associates Estimated 1,031 million barrels of oil in place, 155 million barrels recoverable
Netherland, Sewell & Associates Estimated 4.6 TCF gas in place, 3.2 TCF recoverable
Crude quality is comparable to Brent – 36 to 41 degree API
Area penetrated by 41 wells drilled during the Soviet era; limited production due to poor drilling and completion practices
Frontera has acquired, processed and interpreted 60 km of 2D and 150 km2 of 3D seismic over the area, conducted extensive technical field studies, drilled three wells and conducted multiple re-entries/frac-recompletions.
Established long term production history, the basis for the development of the Eldari Formation
03/11/2017
Frontera Resources Corporation

10. Frontera Resources Corporation
Taribani Complex
Niko #1 on test
03/11/2017
Frontera Resources Corporation

11. Frontera Resources Corporation
Taribani Field, Development of Eldari Formation
Taribani field
Original Gas in Place: 4.6  Trillion Cubic Feet Recoverable  Gas:   Trillion Cubic Feet Original Oil in Place:1,031 Million barrels Recoverable Oil:   Million barrels
03/11/2017
Frontera Resources Corporation

12. Frontera Resources Corporation
Taribani Eldari Reservoir Core Sample
03/11/2017
Frontera Resources Corporation

13. Frontera Resources Corporation
Extended Eldari Formation
- 250 well locations
- 80 Acre spacing
- Production: 103m. bbls
- Additional 1800 locations
03/11/2017
Frontera Resources Corporation

14. Frontera Resources Corporation
Taribani Field, Development of Eldari Formation
Dino-2 Gross Pay
Top Depth (m)
Bottom Depth (m)
Gross Height m ft
1592,0
1597,0
5.0
16.4
1706,0
1715,0
9.0
29.5
1739,0
1743,0
4.0
13.1
1960,0
1966,0
6.0
19.7
2090,0
2100,5
10.5
34.4
2108,0
2115,0
7.0
23.0
2136,0
2139,0
3.0
9.8
2151,0
2161,5
2188,0
2198,0
10.0
32.8
2281,5
2285,0
3.5
11.5
2299,0
2312,0
13.0
42.6
2441,0
2451,0
2473,5
2477,5
2508,0
2511,0
2538,0
2547,0
2551,5
2556,0
4.5
14.8
2574,0
2578,0
2584,0
2586,0
2.0
6.6
2613,0
2619,5
6.5
21.3
2626,0
2633,0
2645,0
2647,0
2651,0
2657,0
Gross Pay
139.5
457.6
In 2008, Frontera Resources executed a fracturing stimulation in the Dino-2 well. The frac included 107,000 pounds of proppant and 875 bbls of crosslinked fluid. From the highlighted section, the well has produced 74,000 bbls and with an EUR of 160,000bbls. This zone accounts for 9.3% of the observable gross pay.
*Cores from 2300m to 2305m – 0.85 mD with 15.0% porosity
Core analysis has indicated the existence of additional gross pay sections with permeability and porosity exceeding 4mD and 17% respectively. Logs have also confirmed the existence of these gross pay sections. Drilling operations were completed at 2710m.
03/11/2017
Frontera Resources Corporation

15. Development Well Taribani Field, Development of Eldari Formation
Planned Development Gross Pay
Top Depth (m)
Bottom Depth (m) H m ft
845,5
848,5
3.0
9.8
896,0
903,0
7.0
23.0
969,0
973,0
4.0
13.1
981,0
984,0
1151,0
1166,0
15.0
49.2
1386,0
1395,0
9.0
29.5
1458,0
1464,5
6.5
21.3
1584,0
1590,0
6.0
19.7
1768,0
1777,0
1797,0
1800,5
3.5
11.5
1808,0
1811,5
2142,0
2147,5
5.5
18.0
2154,0
2155,5
1.5
4.9
2191,0
2192,5
2205,0
2214,0
2261,0
2264,0
2277,0
2279,0
2.0
6.6
2355,0
2370,0
2504,0
2507,0
2557,0
2561,0
2605,0
2613,0
8.0
26.2
2616,0
2621,0
5.0
16.4
2635,0
2638,0
2645,0
2647,0
2668,5
2671,0
2.5
8.2
2706,0
2714,0
2718,0
2726,0
Gross Pay
147.5
483.8
Development Well
Planned stimulations will include at least 150,000 pounds of proppant and 1,200 barrels of crosslinked fluid.
Based on our actual historical results,
future development wells will achieve EUR of 1+ million bbls
50 meters
03/11/2017
Frontera Resources Corporation

16. Frontera Resources Corporation
Taribani Field, Development of Eldari Formation
Well Sidetrack
03/11/2017
Frontera Resources Corporation

17. Frontera Resources Corporation
Oil and Gas pipeline infrastructure
03/11/2017
Frontera Resources Corporation

18. Frontera Resources Corporation
Mtsare Khevi Gas Complex
Niko #1 on test
03/11/2017
Frontera Resources Corporation

19. Frontera Resources Corporation
Mtsare Khevi Gas Complex
Mtsare Khevi Gas Complex
Original Gas In Place: 8.3 Trillion Cubic Feet Recoverable Gas: Trillion Cubic Feet
03/11/2017
Frontera Resources Corporation

20. Frontera Resources Corporation
Miocene-aged Gareji gas bearing
intervals at Udabno-2
03/11/2017
Frontera Resources Corporation

21. Frontera Resources Corporation
Mtsarekhevi Gas Complex
03/11/2017
Frontera Resources Corporation

22. 300 km of new seismic acquisition
03/11/2017
Frontera Resources Corporation

23. Frontera Resources Corporation
Oil and Gas Pipelines and Railways
Transportation and Marketing
Three major oil and gas pipelines and a rail line pass through Block 12
Oil from Block 12 is currently shipped via rail to the Black Sea port of Batumi where it is sold at a premium or discount to Brent based on quality
The sale of gas is by contract into the local and regional markets. Sales prices currently are approximately $6.50 per mcf.
03/11/2017
Frontera Resources Corporation