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

Bullboard Posts

Post by bullhorn3on Nov 29, 2014 11:18am

180 Views

Post# 23176969

Outstanding Shares

Does anyone know why the number of outstanding shares has not dropped over the past few quarters, in spite of the share buyback of up to 10%?

Fiscal Quarter	09/30/2014	06/30/2014	03/31/2014	12/31/2013

Diluted weighted average shares

316

315

319

324

Possiblilities:
- only a few percent of shares actually repurchased
- executive compensation issuance of new shares
- payment for goods and services made in shares rather than cash

Bullboard Posts

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