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 > Catalyst Cashing Out?

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Post by kcac1on Apr 11, 2024 10:29pm

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Post# 35984746

Catalyst Cashing Out?

This reads to me that de Alba is moving out on his own and that Catalyst is in the process of monetizing the investments in its past funds (i.e. FEC) and has no plans to fundraise to start new funds. However, de Alba now has the backing ot two Billionaires and more in starting his privately owned U.S. Fund. He must have done something right, to gain the trust of these very wealthly guys. Hopefully, he can have time to at least assist in properly montetizing FEC in the not too distant future, meaning within months.

Distressed shop GDA Luma set to launch, anchored by billionaires Boehly, Claure (buyoutsinsider.com)

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