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.

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Frontera Energy Corp

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Comment by yoplaiton Nov 20, 2015 12:04pm

185 Views

Post# 24309514

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Since they...

The biggest reason oil price is LOW is because of the record amount of oil in STORAGE.

Once the world consumption depletes this staggering oil in storage ( approx. 2 years est.) the price will certainly rise.

First daily world oil production must be a lot less than daily world consumption, just to BEGIN to chip away at the STILL INCREASING stored oil.

I do agree that I'd rather own shares in an oil producer outside of North America like PRE.

Just need to get that PRE DEBT lowered somehow.

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