KYIV, July 31 – The U.S. Frontera Resources Company with headquarters in Houston, Texas, acting as a bidder in the tender for hydrocarbon exploration under a production-sharing agreement (PSA) within the Dolphin Block of the Black Sea's continental shelf, said would prepare a court claim in case if the tender results to be approved by the Cabinet of Ministers, reads a press release from the company.

"Frontera Resources reserves the right to take legal action unless the [Ukrainian Energy and Coal Industry Ministry] Interagency Commission's conclusion in respect of the Dolphin Block tender is annulled. We are of the opinion that the tender preparation and management process was inconsistent with international practices," a report quotes Frontera CEO Zaza Mamulaishvili as saying.