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.

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Frontera Energy Corp > Detailed Terms of the new Guyana Offshore Leases

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Post by kcac1on Jun 04, 2023 8:02am

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Post# 35479011

Detailed Terms of the new Guyana Offshore Leases

This was on same home page as the previous post going into complete detail on terms/costs on the upcoming round of new offshore leases..

Does anyone know how the terms of the current CGX concession agreement compare to the terms that will be required for the new licenses? I see that Exxon et. al is only paying a 2% royalty and far better terms all around than these proposed new terms. Any chance CGX has a 2% royalty grandfathered into their current agreement and would carry forward for any PSA?

Guyana Licensing Round 2022 - Ministry of Natural Resources | OilNOW

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