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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 Mat1791on Jul 29, 2023 10:26am
129 Views
Post# 35563105

Dirty Is, As Dirty Does...

Dirty Is, As Dirty Does...Colombia, continues to be a big fat anchor around FEC's neck.  

Criminally run, banana republic.  Jeez, I wonder who they are doing the wash for??

son-of-colombia-s-president-arrested-as-part-of-money-laundering-probe-1.6499303

BOGOTA, COLOMBIA -  

Colombian police arrested the president's son Saturday as part of a high-profile money laundering probe into funds he allegedly collected during last year's presidential campaign.

President Gustavo Petro said he wouldn't interfere with the probe.

"As an individual and father, it pains me to see so much self destruction and one of my sons going to jail," Petro said in an early morning message on X, the social media platform formerly known as Twitter. "As president of the republic, I've assured the chief prosecutor's office that it will have all of the guarantees so it can proceed according to the law."

The shocking arrest of Nicolas Petro is a major blow to the government, which has been buffeted by conservative attacks from day one at the same time it has struggled to maintain bipartisan support for Colombia in the U.S., a longtime ally.

The chief prosecutor's office said in a statement that Nicolas Petro and his ex-wife were taken into custody on orders of a court in Bogota around 6 a.m. local time Saturday. It said that once brought before a judge, prosecutors would seek their provisional detention as it investigates the two for money laundering.


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