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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 compsys68on May 05, 2015 4:52pm
173 Views
Post# 23696895

BMO says deal is done

BMO says deal is done
May 5 (Reuters) - Mexican oil and gas company Alfa Sab de CV and Harbour Energy Ltd have agreed to acquire Canadian peer Pacific Rubiales Energy Corp for C$6 bln, including debt, a person familiar with the matter said on Tuesday. Alfa and Harbour have agreed to pay around C$6 per share for Pacific Rubiales and will each own half of the company, the person said, asking not to be identified because the deal is not yet public. Representatives for the companies did not immediately respond to requests for comment. (Reporting by Greg Roumeliotis and Mike Stone in New York)
Bullboard Posts