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Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

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

Comment by SportyJon Jan 15, 2023 4:42pm
83 Views
Post# 35224436

RE:RE:RE:RE:RE:What happens to OYL shares if FEC is sold intact after Wei?

RE:RE:RE:RE:RE:What happens to OYL shares if FEC is sold intact after Wei?
Kcac, 100% agree. Seems the "get paid" squeeze is full on. CC, supposed guyana gov't cgx shareholders, retail cgx/fec shareholders, employees w stock options, etc etc would all like to get paid. While we thought Kawa was gonna be the answer, here we are today. With Kawa results not clearly quantified (ie no reserve estimate assigned) a good portion of risk is now riding on Wei results.  I believe that if Wei is good FEC/Cgx will be big winners. If Wei is bad Fec will survive...not so sure about Cgx. Overall, I'm very optimistic about Corentyne being a home run.  Before the end of 2023 these two companies will be completely changed. All imo. 
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