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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

Comment by Kelvinon Feb 14, 2023 5:36am
61 Views
Post# 35284532

RE:Once again…lol

RE:Once again…lolFrank, I'm thinking of buying fec June 16, 2023 $14.00 call options now at $1.35. Problem is that there's zero interest. Zero buyers. Seems like the pool of investors interested in this play is very small. At least, right now. So if the sp stays flat then I lose my money, regardless of what happens on Wei. It almost seems like an FID would be years away. So, it's possible that the opportunity cost doesn't produce enough benefit right now for most investors.

So I'm gonna bet that that will change in the short to medium term but who knows?
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