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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

Post by Frank007on Mar 03, 2021 6:35pm
248 Views
Post# 32711207

credit faciility

credit faciility the last quarter show a  paper loss ....it was due to the converssion of  a loan to the port  that was converted to equity ....a loan is cash on the balance sheet  ....the port increases the asset base ,,,, there is no recorse for the  port loan  as stated in the last quarter ....now you own and control 71 % of puerto bakia .... through  cgx and grand canal industries which  is building the guyana port   cgx   is financince the project guaranteed by us ....this  should turn out to be a very good investment  ovver and above the offshore oil  ....
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