Frontera Energy Corp T.FEC

Thanks for the recap of conference call

[Gassy166]

Lots of good info in your post. I was a oyl shareholder back in the gunboat days but packed my bags when the wells didn't work out. Kinda stubbled on to the play again when I read a post from Frank007 did a couple of quick checks and realized the play was on again. I definitely think the way to play this is through fec and have been quite surprised there is so little hype around fec. Anyway easy to establish a healthy position without driving the price through the roof. We are in for a very interesting couple of months and hopefully enjoyable. Cheers

[MorningCat]

FEC was very down played, I had the opportunnity buy through out 2020 and 2021. They are already great without their CGX stake.

[kcac1]

Thanks Guys, It would nice nice to get some discussion going on FEC on the FEC board and not have to read the OYL board for FEC news.  I own both stocks, as I think CGX by owning the concessions with a very old contract with very favorable terms and having some good history (paying for the border dispute) even with slow progress might make them invaluable and likely to remain a going concern

[MorningCat]

are you already in our twitter group?

[Nergy]

Interesting elaboration on the potential value for the two ports Frontera has direct control of. Currently valued to about Zero by the market, but with a potential value for an acquirer that could be valued @ 2X the current FEC MCAP. I personally also hold both FEC and OYL shares but my FEC holding is almost 10 times larger then the OYL holding since FEC almost got full control of OYL and are

[kcac1]

If you look at FEC's 3Q numbers, (+.40 per share was double forcast) they were good and included $58mm ytd income from midstream (the Port they now own 94% of and 2 pipelines they own smaller %'s of) and if you read the MD and A you see they had almost 1.5mm barrels of their own crude blend in Puerta Bahia awaiting pickup and normally would have sold one more tanker load in 3Q of their