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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 tcellingon May 06, 2015 10:06am
170 Views
Post# 23699068

Bid Confusion?

Bid Confusion?I wonder if there is any confusion out there in regards to the price of the offer. Originally it was reported as "around $6". Then the official PRE announcement fairly late yesterday evening revealed it was $6.50. It almost seems like the market missed the memo. 

Could also be just the huge volume of traders moving out as this will no longer be a trader's dream. 


I'd also like to take this opportunity to welcome our new communist overlords here in Alberta (NDP won, for those that don't know). I wonder how much tax I'm going to pay on this buyout now... 
Bullboard Posts