Frontier Energy Corps Retains Engineering Firm for Geological Evaluation of Texas
Property
NORTH LAS VEGAS, Nev., Mar 17, 2008 (BUSINESS WIRE) -- Frontier Energy Corp (Pink
Sheets:FRGY), in its ongoing goal to keep shareholders informed, announces they
have signed an agreement with a Texas Engineering firm for the purposes of
determining reserve estimation and economic projection of the oil, gas and
mineral reserves on a Property. The report shall be in the form required by
Frontier, and in accordance with the requirements of the Securities and Exchange
Commission (SEC) and/or Society of Petroleum Engineers (SPE), as applicable. The
property currently has 2 new successful wells and what Frontier believes is a
large oil reserve. The report should be completed in short order and should the
report come back positive, Frontier Energy will close on the lease which includes
the existing new wells.
Frontier Energy Corp CEO, Bob Genesi comments, "This is just one of the many
properties we are exploring. We are particularly excited about this property that
was brought to our attention from our consultant Mr. Bower. One of many we are
currently looking at. We look forward to keeping our shareholders informed about
our ongoing positive developments."
About Frontier Energy Corp.
Frontier is a newly-recapitalized exploratory oil and gas business headquartered
in Las Vegas, Nevada. The goal of Frontier Energy is to build a solid portfolio
of assets through the acquisition of leases and explore and develop the
opportunities on the individual leases.
Except for the historical information presented, the above statements are
"forward-looking statements" within the meaning of the Private Securities
Litigation Reform Act of 1995 or regulations there under. These forward-looking
statements are subject to risks and uncertainties, and actual results may differ
materially. These risks include the economic health of the oil and gas industry,
competitive pricing pressures, completion of possible acquisitions, success at
integrating and operating any acquired operations and the availability of
necessary financing. These statements speak only as of above date, and Frontier
Energy Corp. disclaims any intent or obligation to update them.
SOURCE: Frontier Energy Corp
Frontier Energy Corporation, Las Vegas
Robert Genesi, 702-648-5849
The usuals, whatever I post is my opinion, yaddayaddayadda. I'm still learning this, so if you listen to me, well, good luck to you :)
