Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by kcac1on Jan 01, 2022 3:56pm
180 Views
Post# 34276448

RE:Is there a disconnect between FEC and OYL

RE:Is there a disconnect between FEC and OYLI agree with you, wouldn't you also count that with FEC owning 80% of FEC in theory or actuality,  that includes owning 80% of CGX's 66% of the Guyana concessions? So, 80% of CGX's 66% is about 53% and when added to FEC's 33% of the concenssions, it leaves FEC owning 86% of the concessions only leaving 14% of the concessions owned by CGX????

In addition, the loan made last Spring by FEC to CGX and not yet repaid or converted to shares, pledged all assets to FEC.

I own both stock because of that 80% of shares being tied up by FEC means there are few shares available for trading and many do not realize how many shares of CGX that FEC owns.  I think any good news, will cause CGX to move up far more than FEC short term due to a shortage of free shares.. 

This is a strange play with the same Venture Capitalitst controlling both companies.
<< Previous
Bullboard Posts
Next >>