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 tcellingon Dec 09, 2015 6:14pm

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Post# 24370921

RE:RE:RE:RE:RE:RE:RE:Something is Up

starman1975 wrote: Suncore was trying hard to buy COS but doesn't seem to target drillers like PRE. They must think that they can still be profitable at these low oil prices.

Not really. Perhaps they simply know oil prices will rebound and they can pick up COS cheaply now and wait things out.
I guarantee you COS is not profitable at $40WTI all in costs. More like $80 break even at a bare minimum when you include capital costs and $100+ for new ground breaking projects.

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