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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
Post by Poppson Jan 27, 2015 4:11pm
165 Views
Post# 23369467

REMEMBER: The best cure for low oil price is low oil price,

REMEMBER: The best cure for low oil price is low oil price,so hang in there!  (I'll attach a good article from the PTA Stockhouse bullboard below regarding Saudi OPEC official's thoughts).  Jamming on the brakes in US shale frac/drilling will show the drastic decline of the short-lived "sugar rush" provided by the individual wells.  Along with the necessary  cutbacks in CAPEX by most or all oil producers due to price, consider the RISKS  DUE  TO:  [1]Change of leadership in Saudi Arabia and Yemen added to the ISIS /Syria /Iraq mess;  [2]Continuing Iran sanctions and volatility there;  [3]Boiling unrest in Nigeria and worsening instability in Lybia;  [4]the implosion of Venezuela;  [5]the ongoing and absolute ineptitude of government run oil producers in Brazil and Mexico; [6]the ongoing and absolute ineptitude of our Congress/Senate/President to take advantage of newly found US production capability, especially in red tape slowing  LNG export process development and failure to allow export of crude to Europe and Asia.  That's a lot.   Overall, new production and expansion projects whose economics require $50+ price will be shelved, enhancing the BOPD decline.  GLTA, and  hang  in  there !   Popps
https://www.stockhouse.com/companies/bullboard/v.pta/petroamerica-oil-corp?threadid=23366501
Bullboard Posts