Frontera Energy Corp T.FEC

Alternate Symbol(s): FECCF

Energy Oil & Gas E&P

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in Colombia, Ecuador, and Guyana, and pipeline and port facilities in Colombia. The Company’s segments include Colombia, Ecuador, Guyana, Midstream Colombia, and Canada & Others. Colombia includes all upstream business activities of exploration and production in Colombia. Ecuador includes all upstream business activities of exploration and production in Ecuador. Guyana includes exploration and infrastructure. Midstream Colombia includes the Company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.

TSX:FEC - Post by User

Frontera Energy Corp

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Comment by Rocky7777on Mar 24, 2016 10:24am

156 Views

Post# 24697088

RE:Something potentially positive

waitingstill wrote: I note that as of Dec 31, 2015, the company had about $342mil cash but also about $518mil in accounts receiveable and another $200mil in income tax receivables. Collections of those could carry us for a couple quarters. Any comments?

This is a high way robbery! to provide $500mil and get half of the company. It seems like they are getting it for free.

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