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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 stockguy2015on Apr 12, 2016 6:45am
217 Views
Post# 24755258

RE:RE:Shareholders Approval

RE:RE:Shareholders ApprovalA buddy of mine just showed me the same type of announcement. Here's what that one said "each issued and outstanding share of Shaw common stock...will be cancelled and extinguished and converted into the right to receive (i) $41.00 in cash and (ii) an amount of cash in euros equal to the par value of 0.12883 shares of CB&I common stock, which cash will not actually be paid, but will instead be converted automatically into 0.12883 shares of CB&I common stock immediately So PRE is missing information maybe that's why it's still a guessing game. They do not have any numbers to fill in the deal amounts) I swear they are doing this on purpose to move the share price down. They could have had a news release stating that they are working on a deal then give that statement with numbers filled in. Once again shareholders left in the dark to try and figure out whether their shares are worthless
Bullboard Posts