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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

Bullboard Posts
Comment by albertkaholeungon Dec 08, 2014 12:53pm
391 Views
Post# 23206599

RE:The Market Misconception and PRE

RE:The Market Misconception and PREI largely agree with this.  However, I did read this other article on fox business (I forgot the name, but it was posted just a few hours ago) about OPEC's end goal of securing market share by price manipulation.  The article essentially is saying it seems like they haven't really weighed in short term vs. long term.  What they're doing is the immediate future to benefit themselves.  Oil prices freefall, projects stop, when oil price demand goes back up in the future, there won't be the supply to meet it.

I have a small stake in this, and will just hold to see what happens.  I might consider adding more at this point actually.
Bullboard Posts