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.

TSX:FEC - Post by User

Frontera Energy Corp

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Comment by largeinveston Apr 01, 2016 12:18pm

228 Views

Post# 24720266

RE:Read This...Yayy

I quickly translated for you....

According to sources cited by Bloomberg, Alfa submited a higher offer that would win the support of Administration O'Hara, principal investor in Pacific and one of the opponents of the sale of the company last year.

Alfa's proposal includes a loan of about 500 million dollars, according to sources cited by Bloomberg."

A higher offer that is approved by Ohara? Things are looking very good here boys load up the truck!! Its gotta be a good number...$2.50+?

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