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

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Comment by SportyJon Jan 16, 2023 7:10pm

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Post# 35226786

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

Kcac, nice recall! FEC has a $3.84us per share in cgx's current mkt cap. If cgx doubles in value FEC's investment goes to $7.68us per FEC share. Add to that FEC's cash balance AFTER paying for Wei could easily be $2.35us per share. And even add to that FEC is producing 40,000 boe/d. FEC is undervalued and this is without even considering the value of it's 68% WI in Corentyne! I understand FEC's has some managable debt but all the numbers point to FEC going much much higher from here. It's a screaming buy. All imo.

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