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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Post by largeinveston Apr 05, 2016 10:11am

358 Views

Post# 24731666

news translated $3.50 per share

Monterrey, Mexico ( April 5, 2016 ) .- Shares of Alfa accumulated a loss of 5.4 percent in three sessions , first versions of preparing a bid to take control of the Colombian oil company Pacific Exploration and Production ( PRE) . Rumors say it would offer 3.50 Canadian dollars per share to take a 31.05 percent of securities of the oil , which would add to the 18.95 percent it already controls . The possible deal sent shares of PRE to rise 50 percent in the same period.

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