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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 Mat1791on Feb 07, 2023 1:26pm
102 Views
Post# 35272267

RE:RE:RE:RE:RE:RE:RE:RE:RE:Vacuna….

RE:RE:RE:RE:RE:RE:RE:RE:RE:Vacuna….

As I have said before, this is a stockboard, fact.

FEC is a company that currently holds assets in Colombia, fact.

Colombia currently has a left leaning, more socially conscious government who's early platform is not resource friendly, fact.

Due to such policy, one can conclude that future prosperity for resource companies in Colombia are not as promising as before Petro gained power.

As a result the share price of FEC based only on Colombian assets should be rightfully discounted appropriately. 


Don't really need to be an expert in Colombia to understand that most investors will probably draw the same conclusions. 


So, again, this is a stockboard, FEC is negatively affected by the anti-resource policies of Colombia. 

Not personal, not political, just business. 

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