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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 Mar 28, 2024 3:49pm
116 Views
Post# 35958868

If Catalyst Capital had control over FEC they would get rid

If Catalyst Capital had control over FEC they would get rid of whomever in management responsible for the 600 million dollars invested in G. off shore and would do what they could to dispose of the asset to anyone willing to take it off their hands to take responsiblity for any reclimation costs.. It is not worth 0. It is a negitve because of fears they might sink more money into the sinkhole. The two wells were inclonsive of a commercial find and not worth the risk considering the costs involved and those already involved in offshoure G have years of drilling and billions to spend on their own projects before they would be interested in taking any part in this misadventrure. I have been right all along. Read my posts. 
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