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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
Comment by ujeshon Feb 04, 2016 8:30pm
402 Views
Post# 24526523

RE:Covenants Waivers Extended to Feb 26

RE:Covenants Waivers Extended to Feb 26As expected...Here are my predictions now: I'm thinking they're now planning to release assets sale news/update midway to Feb.26. Could be like you said, before Feb.10. There will be some nervous traders out there which will want to get out as the deadline approaches but there will also be those that will not want to miss the boat. Feb. 10 is key considering the EIG offer expiry. There will be volatility till then but we will see some rise afterwards if the offer goes down the toilet. Oil (although quite volatile lately) now seems to be consolidating before potentially rising towards the $40 mark as most producers are getting hurt big time. Sure don't want to be short oil or any producers right now. Considering this, the best time for the company to release asset sale news would be within the next two weeks at the latest. I along with many sure don't want to miss that halt because there WILL certainly be one. On another note, one could have possibly expected these extensions to drag till the end by reading the first release lol. Awwell. Let's wait and see. Hope patience pays big time here. Good luck!
Bullboard Posts