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Bullboard - Stock Discussion Forum 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... see more

TSX:FEC - Post Discussion

Frontera Energy Corp > Shake out …lol
View:
Post by Frank007 on Nov 08, 2024 6:58pm

Shake out …lol

They are going to buy b@ck the entire company with cash flow.....at this rate ncib ...it is already under 80 milion shares ....decide the cash and assets up after the debt is covered and you get a $35 u s ....without anything attributed to Guyana ....Guyana if sold would net another $35 u s per share ...and here you have an $80 stock like I was saying going for under $8 ...lol ...no wonder the ncib is so active ...no other buyers here ...
Comment by Kelvin on Nov 09, 2024 9:13am
I don't know what they are going to do Frank but I do know that information is the most valuable of all commodities. They announced "tight hole" on Kawa at spud. I sold out at average $2.07 CAD and haven't bought back in. I want info. Especially operational info. From that I can infer lots of embedded info. Geez man! We're at the point now where there's doubt about ...more  
Comment by westcanpride on Nov 09, 2024 12:41pm
Your never going to get any information Kelvin on anything related Guyana. CGX and FEC are probably under non-disclosure agreements (NDA) right now. Hell, Exxon themselves release almost nothing related to Guyana. Just the reality. This is not western Canada where well production data, well log data, cores, etc become easily accessible.  So at this point, it's an old fashioned stand off ...more  
Comment by Kelvin on Nov 09, 2024 1:40pm
Yes, wcp, I don't for a nanosecond believe that there's nothing there. Their own seismic shows a large area of reservoir rock and somehow they managed to get formation fluid samples. My buddy says that they can be acquired in many ways which don't require actually testing the well. So initial appraisal has been done which is why they say in their press release that "further ...more  
Comment by Frank007 on Nov 09, 2024 12:41pm
There is no doubt in my mind about the commercial discovery at the corentyene block ...discoveries both left and right and to the north ...yikes ...just why would this not be a tie in discovery ....we may have to wait another year until this group gets thrown out of office for incompetence ......play the soft show for now then drop the $2 bilion claim against Guyana ...which may take some time but ...more  
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