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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 kcac1on Jan 01, 2022 10:17am
241 Views
Post# 34275893

Extended Kawa Conclusion Date 2/5/22

Extended Kawa Conclusion Date 2/5/22The timing below would seem perfect to move the Rig directly to the Demerara Block with this Deadline fast approaching for a required well to maintain that block..

"
In February 2021, CRI received an addendum to the Demerara PA, subject to final documentation, extending the February 12, 2021 deadline for drilling an exploration well on the Demerara block to no later than February 11, 2022."

Think any chance that  some deal made with Maersk for the rig to go directly to th D block and spud the comittment well by the deadline?  Or is some deal made with Guyana to yet again extend that deadline?  Surely, some plan is in play not to forfeit this valuable block.

MARITIME ADMINISTRATION DEPARTMENT NOTICE TO MARINERS

No. 32 (2022) Guyana

OFF SHORE GUYANA

CGX Energy Guyana will continue exploration drilling operations in Kawa -1 well site, within the Corentyne Block of the Guyana’s Exclusive Economic Zone. This operation is scheduled to conclude on February 05, 2022, and will incorporate the use of the OSV Enav Peregrina which will display the international signal for vessels engaged in such activities.

The area is situated approximately 91.22 nautical miles (168.93 kilometers) from the Coast of Guyana, and covers an area of 4.40 square nautical miles (15.09 square kilometers),

All mariners are required to maintain a wide berth of this vessel, and navigate with caution when in the vicinity.

Communication can be made with the vessel or via the Georgetown Lighthouse on VHF Ch. 16

G Archer Harbour Master (Ag)

For Director General December 31, 2021
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