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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 Oct 27, 2023 9:25am
193 Views
Post# 35703784

Question on Pipeline Rights

Question on Pipeline RightsThe Exxon consortium just announced another significant discovery in their Lancefish 2 well.  With almost all of their discoveries in the SW corner of their Starbroek block and their Pluma well almost directly on the border with the Corentyne block does anyone know if the C. block and the Berbice block have any value in the planned future gas pineline running to onshore Guyana?

In other words, owning the C and B blocks seems like it would be a natural and would appear to make it much easier for the Exxon Group to run a pipeline to shore, than trying to run a pipeline to shore on blocks you do not control? As those 2 blocks are the only blocks that obviously would come close to connecting the Exxon group to onshore Guyana.  In the future, it might also make sense to run an oil pipeline to shore if you already had the approvals and the needed offshore real estate.

This is likely the only chance to tie up these offshore concessions at a reasonable price. 


CGX finds oil in commercial quantities at Kawa-1 well - Guyana Chronicle
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