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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 10, 2022 11:46pm
176 Views
Post# 34302385

Guyana Oil Basin Keeps getting Bigger

Guyana Oil Basin Keeps getting Bigger[url=https://https://oilnow.gy/featured/analysis-points-to-massive-guyana-basin-oil-resources-huge-production-estimates/]Link[/url]

With the amount of press XOM and the basin are getting, the price of oil, etc. the timing is perfect for a big find.  One would think that FEC/CC would not keep pouring big $$$ into this well unless they know they have something big.

I agree that since both companies are controlled by a Venture Capitalist firm they could break them into two pieces and eventually sell both. Or any number of options if this well is at least equal to the average XOM well. CC is going to do whatever they feel will maximize their profit.
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