westcanpride.....you are right that frontera would prefer to have a joint venture ....i am pretty sure as i have stated it will be parex .....if you want a less speculative investment than just buy frontera ,,,, all the b s put out about how it lost 400 milion last years is just to shake you out of fec shares .... with the oil turn around this i beleive will be a $30 stock again in 1 year ... heck it earned you $.48 cents us or $.56 canadisn in the last quarter with brent at $50 and bad hedges at $35 the port facility alone will make both of these companies head up north cgx who knows but i have both and beleive these guys are genuine ....