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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 Jun 25, 2024 2:53pm
74 Views
Post# 36105550

RE:RE:Value of the ODL Pipeline, as 35% of it is for sale by FEC?

RE:RE:Value of the ODL Pipeline, as 35% of it is for sale by FEC?It was an annual dividend for 2023 and not declared until 2024 not likely in time to make the financials. It should show up in the Q2 MD and A and whether it is being paid in installments or in a lump sum.  If that is typical of the annual and steady income generated.by this pipeline, this overlooked asset alone should be worth the current market cap of FEC.

If the ODL pipeline can be sold for $500mm, the Colombian port sell for only $500mm, Frontera Guyana only sell for $500mm and Frontera Colombia sell for only $500mm net of debt. We should see a 4 bagger based on todays stock price. That is how nuts this play is.  
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