You can contact us here. Small Cap Wrap - Cadence Minerals, NWF Group, Oxford Biodynamics and more... Ocado enters non-food retail and logistics sectors with new robot acquisitions. Tiziana Life Sciences announces initiation of COVID-19 trial of... Kromek signs up another global original equipment manufacturer. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is... Eden Research PLC's (LON:EDEN) Sean Smith talks to Proactive London about their new collaboration with family-run farming business M H Poskitt to develop and trial a new bio-fungicide product. http://www.prnewswire.com/news-releases/frontera-resources-statement-regarding-outrider-managements-alleged-tortious-interference-in-georgia-301154219.html. That conversion … Terms of use. Shares were down 0.02p, or 19%, to 0.09p. Frontera alleges that the statement issued by Outrider is patently false, intended to damage Frontera and its shareholders and amounts to blatant tortious interference. These actions have resulted in Frontera bringing a currently pending legal action in the United States against Outrider and its principal, Mr. Stephen Hope, who is the singular professional employee of Outrider Management LLC. In 2011, Outrider's Cayman Islands based investment fund purchased a portion of Frontera's then privately held debt in a liquidation sale at a deep discount from a third-party debt holder that had gone bankrupt. Data delayed 15 minutes unless otherwise indicated. Small Cap Wrap - Cadence Minerals, NWF Group, Oxford Biodynamics and more... Ocado enters non-food retail and logistics sectors with new robot acquisitions. Frontera, meanwhile, said its own operations are progressing on schedule and should lead to an increased production of oil and gas which will help boost revenues. Terms of use. The Company is a publisher. For Apple, Google and the rest of Big Tech, a Biden election... Curzon Energy says talks over proposed reverse takeover continue... ADM Energy appoints new chief financial officer. The Company has focused its activities on the onshore Kura Basin situated between the Caspian Sea and the Black Sea in the nations of Azerbaijan and Georgia. Frontera Resources Corporation is a privately held independent Houston, Texas, U.S.A.-based international oil and gas exploration and production company whose strategy is to identify opportunities and operate in emerging markets in Eastern Europe around the Black Sea and the United States. 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Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. “As we continue to progress our work in Georgia, as well as our other Greater Black Sea initiatives, we are encouraged by ongoing results from our operations,” said chairman and chief executive Steve Nicandros. Data delayed 15 minutes unless otherwise indicated. Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority. View original content:http://www.prnewswire.com/news-releases/frontera-resources-statement-regarding-outrider-managements-alleged-tortious-interference-in-georgia-301154219.html, Federal judge in Texas rejects Republican challenge to drive-through voting, Classic Muscle Cars That No One Remembers Anymore, Judge rejects GOP effort to throw out 127,000 Houston votes, Stephen R. 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Aside from the debt repayment issue, the oil and gas explorer says its operation are progressing well, Activist investor demands shake-up at Speedy Hire, NetDimensions warns sales slump could continue into second half, Proactive Investors One2One Investor Forum, Shanta Gold on growth path as gold prices buoy prospects, KR1 expands portfolio of blockchain and crypto investments, FTSE 100 adds more points; Wall Street steps up in election anticipation, Curzon Energy still in talks over possible transaction, Mode Global slides after buying out minority interest in its JGOO subsidiary. Only registered members can use this feature. Enteq Upstream: on track, looking to the future, Enteq Upstream convinced technology is way forward for oil sector, Frontera Resources Holdings LLC, a wholly-owned subsidiary, filed a Chapter 7 liquidation proceeding in the US last week with around US$30mln of convertible notes due on 1 August. 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Quite the contrary, it has unsuccessfully attempted over time to leverage its ownership of debt and interfere with the company's business in an attempt to create an advantage to achieve an inappropriate takeover and liquidation of our company. You will receive alerts when there are new announcements on Frontera Resources Corporation. Frontera Resources Corporation (AIM: FRR), the European-focused oil and gas exploration and production company, today announces the following. In light of possible legal action from the creditors to try and recoup some of the debt, FRR is seeking a declaration from the liquidator that it is not liable for payment. Accordingly, Frontera has taken action in response to this inappropriate and predatory behavior. In 2011, Outrider's Cayman Islands based investment fund purchased a portion of Frontera's then privately held debt in a liquidation sale at a deep discount from a … Frontera Resources has announced the mobilisation of a workover rig to Ud-2 well, situated inside the 950 square km Mtsare Khevi gas complex area located in … The sins of the fathers continue to visit the sons, as Anglo... Ocado ups profit guidance and stretches beyond grocery sector with... CentralNic surges as it completes Zeropark and Voluum acquisitions, AB Foods expects £375mln cash burn from Primark temporary closures. Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. HOUSTON, Oct. 16, 2020 /PRNewswire/ -- Frontera Resources Corporation, a Houston, Texas based international oil and gas exploration and production company, today announced that, on October 13th, Outrider Management LLC issued a public statement making numerous false claims as to Frontera's business in the country of Georgia, its intent to interfere with it, as well as its purported ownership in Frontera Resources Corporation.
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