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 Apr 09, 2016 6:09pm

110 Views

Post# 24748583

RE:RE:RE:RE:RE:Wipeout of Shareholder Equity - A misunderstood statement?

Kopiasz wrote: Management only gets 10% based on their performance - After 3 years

Under current scenario

Catalyst will get= 50%
Bondholders=40%
Management/Current Shareholders=10%

90% Dilution IMHO

The thing that doesn't make sense is that Catalyst will get 50% equity for a 500M loan!

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