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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 Frank007on Nov 10, 2023 4:27pm
193 Views
Post# 35729376

Not sure ….what’s up ..

Not sure ….what’s up ..Looking at the financials ....she seem solid ....20 % plus roi ....if the Guyana assets are just dumped at cost to Exxon  or anyone that can use the tax pool.    Frontera becomes a debt free company ....broken up the port and tank farm ....the shares value would be about $28 ....so I do not see what the panic today was all about ...can anyone explain ?
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