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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 Frank007on Oct 27, 2024 6:41pm
71 Views
Post# 36284269

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Some Info on the ODL Pipeline

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Some Info on the ODL PipelineHere is what I think is going on here ...Shedrill stared ..that's Christina Guerrero ...the valu of oil in place has a value of between $4 and $6 ....so let's use $3 ...3x 600,000 as stated in resourse estimate is 1.8 bilion $ ...there are 80 milion frontera shares out ..which own and control 92% of that pool of cash ....if sold now .....that's about ..$22.50 per share ....the assets in  Columbia as Kaca was saying ....well the book value is $29 right now ...   $29 plus $22.50 .....$51.50 ....now I only put out my guess at $40 ...but it's a heck of a lot more than the $12 ncib.....that's all I am saying and betting my hard money that I am right ....play the long game.   And it could be double that too ...good luck to all you long  investors 
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