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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

Post by drunk@noonon Jun 13, 2023 4:49pm
132 Views
Post# 35494614

The CGX deadheads lead by the frumpy S-drill claimed the

The CGX deadheads lead by the frumpy S-drill claimed the results from the first well would lead to a deep pocketed investor.  Well? What happened. Not a peep. And FEC management went a poured in another almost 300 million canadian into the second well, without cgx contributing so much as a penny. And in a few weeks time, when they run around waving the test results around like a 'peace in our time' Chamberlain the response will be just as effective. Minus the 10 million or so deaths, I supose. Remember, I wish I was wrong. I own FEC based on their 40-50,000 production and the spin off value of their midstream, with hopes of a $90 brent price--and a belief that this second well will at least put an end to the hundreds of millions of dollars flowing out the door for this fruitless black hole of spending.
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