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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 d_trumpon Apr 10, 2016 10:44am
147 Views
Post# 24749347

RE:RE:RE:Just gonna throw this out there lol

RE:RE:RE:Just gonna throw this out there lolCheers Bago....I got tired of all the brain damage on the BTE board LOL.  No I don't own PRE, but I have owned in the past and still follow.  Ironically I got lucky selling PRE at the right time, I wish I had sold all my energy back then. And to the posters who think I am trashing it with the hope of buying cheaper.....sorry to disappoint you, that's not my thing (a total waste of time IMO).  I am very bullish on oil but PRE is just too far up the risk ladder for me.  And I am quite familiar with the distressed lending space as I was in that world for several years in my career.

With regard to the debt comment - as mentioned previously I was relying on the stockhouse numbers which were off, it looks like current debt is in the $7-7.5B CAD range. 
Bullboard Posts