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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 drunk@noonon Dec 13, 2023 10:23am
243 Views
Post# 35782004

The existance of offshore G threatens what would otherwise

The existance of offshore G threatens what would otherwisebe a fantastic investment opportunity based on the freecash yield even at 75 dollar brent. That's becasue the market cap is so low at these levels, given the 40,000 bopd. And that doesn't even take into account the value of midstream, which can be spun off at 5 times cashflow range. But alas, if free cashflow is sucked up by the failed pipe dream of Guyance, the value is destroyed.
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