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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 Zoolanders21on Mar 31, 2016 2:04pm
280 Views
Post# 24716243

RE:RE:RE:News out

RE:RE:RE:News out If it is a buy out offer by Afha then the deal will be between Alfa and Bentancourt .no one else .. that being said I cannot see Bentancourt agreeing to $1.50 when he is in for $4.36. That would be over $40 million loss. It has to be minimum $2.50-$3.00. $3 means he gets 70% of his orginal investment back. I still think a buy out is a long shot though and more realistically there will be some form of debt restructuring with some but not heavy dilution. That way Alfa and Bentancourt will be able to recover their losses on the turn around in oil over the next couple of years. GL Zoo  
Bullboard Posts