The Board of Frontier provides shareholders with the following operational update on its activities in the Sultanate of Oman and Zambia.
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") was signed on 25 November 2012. Frontier is the operator.
While the interpretation of available legacy 2D seismic data, both original and re-processed, continues, the Company has now identified several leads, one of which may have sufficient seismic coverage to be considered suitable for drilling.