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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 Sep 17, 2024 11:11am
162 Views
Post# 36227211

No way I am going to read all 52 pages of this offer

No way I am going to read all 52 pages of this offerI usually read everything in stocks I have a manly position in (for my size), but not this time. The 52 page offer to buyback shares is a massive word salad with a lot of legalize and double talk.  They could write a contract to sell Frontera Guyana or the Bahia Port in fewer words than in this document.

As usual, I (like most), don't trust who's steering these 3 ships (CC, FEC, CGX). Is it purposely written to further confuse us or just wear us out before we finish what is an extremely long read to get to the part where you sign chit. For what reason did they make this so long to read, that few will? I assume most will receive the offer in the next day or two and tell us what you think of this "book" and if you read it all,
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