Frontier Resources’ Oman venture may be suitable for drilling.
Block 38 is undergoing the interpretation of available legacy 2D seismic data which has resulted in the identification of several leads which indicate the potential for future drilling.
The company has also filed for an extension to its Exploration License in Zambia which was granted for an initial four year term on 25 March 2011.
Frontier’s 100% owned Block 38 (the “Block”) is located in the Rub Al Khali Basin in southwest Oman and covers a surface area of approximately 17,425 square kilometers.
An Exploration and Production Sharing Agreement (“EPSA”) in 2012.