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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 kcac1on Jul 29, 2023 3:54pm
127 Views
Post# 35563332

RE:And how about …

RE:And how about …Frank, I am very happy having de Alba brokering the deal to cash out FEC. He speaks 5 languages, has multiple degrees from Ivy league schools including a graduate degree from Harvard and a net worth of $1.4Bil.  He and Catalyst were directly involved with Gramercy in the deal where they bought/stole PRE for pennies on the dollar and surely has a personal interest in finally making this long term play, pay off for their frustrated LP fund investors. 


 Gabriel de Alba, a Mexican-Canadian businessman who is the co-founder and managing partner of The Catalyst Capital Group, a private equity firm that specializes in distressed and undervalued assets1He is also the chairman or co-chairman of several companies, such as Frontera EnergyCGX EnergyCirque du SoleilSonar Entertainment, and Therapure Biopharma2.

He and his partner, Newton Glassman, are sometimes called the “fixers” or the “pit bulls of business” because of their aggressive and competitive approach to investing and restructuring3. He has a net worth of about $1.4 billion as of July 2023

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