Frontera Resources to Develop Georgia Asset With Baker Hughes
29 Ottobre 2018 - 10:05AM
Dow Jones News
By Carlo Martuscelli
Frontera Resources Corp. (FRR.LN) said Monday that it has signed
a memorandum of understanding with Baker Hughes, a GE co. (BHGE) to
develop its Block 12 asset in Georgia.
The company said that under the deal's terms it will cooperate
with Baker Hughes to improve efficiency and increase production at
the holding. Baker Hughes will provide equipment, services and
knowledge, Frontera said.
The two companies will work toward entering a definitive
agreement to cooperate at the field. Frontera said the memorandum
will be effective until Sept. 26, 2019, and can be terminated by
either party with 30 days' notice.
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
October 29, 2018 04:50 ET (08:50 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Grafico Azioni Frontera (LSE:FRR)
Storico
Da Apr 2024 a Mag 2024
Grafico Azioni Frontera (LSE:FRR)
Storico
Da Mag 2023 a Mag 2024
Notizie in Tempo Reale relative a Frontera Res (Borsa di Londra): 0 articoli recenti
Più Frontera Res Articoli Notizie