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

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Post by SportyJon Jan 10, 2024 8:27pm

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Post# 35820591

NCIB

Per Sedi, FEC bought back 221,400 shares in December. I was expecting more like 300,000 shares.

So the latest NCIB cumulative shares bought back stands at 281,500 (November 21-December 31, 2023).

Need to hit the gas pedal if they intend to buy back 10% of the float or 3.8m shares by November 20, 2024.

There's absolutely no excuse for not being aggressive with maxing out the daily allotment; unless they think the sp goes lower. :(

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