About Frontier Natural Resources
Frontier Natural Resources is an independent oil and natural gas producer based in central Pennsylvania, with a primary focus on conventional and unconventional resources across the Appalachian Basin. Frontier has a highly experienced team of senior management with backgrounds in both operational and technical aspects of exploration, field operations, engineering, production and business management, both in North America and abroad.
Latest Frontier Natural Resources News
Oct 31, 2022
Petmal/iStock via Getty Images Nikola (NASDAQ: NKLA ) announced that it is working with KeyState Natural Gas Synthesis to create Pennsylvania's first low-carbon hydrogen production value chain. KeyState Natural Gas Synthesis is a joint endeavor between KeyState Energy (Project Developer) and Frontier Natural Resources Inc. (Natural Gas & Geological Storage) in partnership with OGCI Climate Investments. The initiative is expected to include full integration of commercial carbon capture and storage. In addition, the project is intended to represent the transition to lower emissions transportation, chemicals and manufacturing. The parties are working towards a definitive agreement to expand the hydrogen supply for Nikola's ( NKLA ) zero-emissions heavy-duty fuel cell electric vehicles. As part of the collaboration, KeyState plans to supply Nikola ( NKLA ) with up to 100 tones per day of low carbon hydrogen, which can supply fuel for up to 2,500 Nikola Tre FCEVs and will displace over 51M gallons of fossil diesel fuel per annum consumed. Once operational in 2026, the 7K plus-acre KeyState site is expected to have the capacity to store the CO2 associated with the hydrogen production and will provide strategic reach and access to premium Mid-Atlantic FCEV markets. "Nikola's participation in the project will allow us to secure sufficient volumes of hydrogen to underpin and accelerate the adoption of zero-emission trucks by unlocking new customer demand and enabling key investments in downstream hydrogen refueling infrastructure in the Mid-Atlantic region," noted Nikola exec Carey Mendes. The hydrogen sourcing arrangement is considered key to NKLA's overall supply strategy and anticipated to help develop a refueling network at scale. Shares of Nikola ( NKLA ) trade flat in premarket action. Recommended For You
Frontier Natural Resources Frequently Asked Questions (FAQ)
When was Frontier Natural Resources founded?
Frontier Natural Resources was founded in 2014.
Where is Frontier Natural Resources's headquarters?
Frontier Natural Resources's headquarters is located at 301 North Spring Street, Bellefonte.
What is Frontier Natural Resources's latest funding round?
Frontier Natural Resources's latest funding round is Unattributed.
How much did Frontier Natural Resources raise?
Frontier Natural Resources raised a total of $6M.