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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 Frank007on Sep 28, 2024 12:20pm
329 Views
Post# 36245394

Frank may be right !

Frank may be right !Some one on stocktwit was enquiring as to why the original ncib did no purchase more shares daily or weekly ......here is my thought for what is worth ...no one was selling so all the trading was between them selves ...therefore had they bought out all those share they would be selling down their own positions .......hence this desparate attempt to lower the share count to 80, milion ...doing the math that increases your ownership in a 5 billion plus $ company ...only a guess of course but...it is exactly what I would do if I knew something that you do not know ...all legal of course....
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