Frontera Energy Corp. announced today that the Company will be added to the S&P/TSX Composite Index , effective prior to the open of trading on Monday, June 24, 2019. The Company is also being added to the S&P/TSX Composite Dividend, S&P/TSX Composite High Dividend and S&P/TSX Capped Energy Index at the same time. The Composite Index is the headline index in Canada and serves as an indicator of broad market activity in [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading: S&P/TSX COMPOSITE INDEX – June 24, 2019 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Frontera Energy Corp. Energy Oil & Gas Exploration & Production DELETED CES Energy Solutions Corp. Energy Oil & Gas Equipment & Services DELETED Fortuna Silver Mines Inc. Materials Silver [...]
Frontera Energy Corp. announces that its board of directors has declared a dividend of C$0.205 per common share, which will be paid on or about July 17, 2019 to shareholders of record at the close of business on July 3, 2019. The Company's board of directors has also amended its dividend policy to increase the quarterly dividend by 20% from US$12.5 million to approximately US$15.0 million during periods in which Brent oil [...]
Frontera Energy Corp. today held its annual general and special meeting of shareholders , where each of the seven nominees proposed as directors and listed in the Company's management proxy circular dated April 18, 2019 were elected as directors. A total of 74,846,839 common shares were voted in respect of the election of directors at the Meeting, representing 76.29% of the votes attaching to all outstanding common [...]
Frontera Energy Corp. , today announced it has made an amendment to the terms of the proposed amended and restated shareholder rights plan agreement to be presented for approval at the annual and special meeting of Shareholders of the Company scheduled to be held on May 29, 2019. The Company has amended the definition of "Independent Shareholders" in the Plan to clarify that any Person who pursuant to the definition of [...]
Higher Earnings, Cash Provided by Operating Activities and Record Operating EBITDA Quarter Benefits from Improved Colombia Production, Favorable Realized Oil Prices, Narrow Differentials, and Cost Savings Initiatives Continued Focus on Enhancing Shareholder Returns with Dividends and Share Repurchases Frontera Energy Corp. announces today the release of its Interim Condensed Consolidated Financial Statements for the first [...]
First Quarter 2019 Results Will Be Released After Market on Thursday, May 9, 2019, Followed by a Conference Call on Friday, May 10, 2019 at 10:00 A.M. EDT Frontera Energy Corp. announces that its first quarter 2019 results will be released after market on Thursday, May 9, 2019 followed by a conference call for investors and analysts on Friday, May 10, 2019 at 8:00 a.m. , 9:00 a.m. and 10:00 a.m. . Participants will [...]
First Quarter Production of 67,930 boe/d, Within Annual Guidance Range Colombia Production Up 4% Quarter over Quarter Current Production Over 75,000 boe/d, as Block 192 Ramps Back Up Frontera Energy Corp. announces a first quarter 2019 operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Richard Herbert, Chief Executive Officer of [...]
Frontera Energy Corp. announced today that it has acquired 101,316,916 common shares of CGX Energy Inc. in connection with the rights offering previously announced by CGX on February 1, 2019. The aggregate purchase price for the Common Shares was $25,329,229 . As consideration for providing a standby commitment in connection with the Rights Offering, the Company also received 15,009,026 5-year warrants to purchase up to [...]
Met or Exceeded all 2018 Guidance Metrics, 8% Quarterly Production Growth Dividends of C$0.495 Paid in the First Half of 2019 Frontera Energy Corp. announced today the release of its consolidated financial statements, management discussion and analysis , Annual Information Form and Form 51-101 F1 - Statement of Reserves Data and Other Oil and Gas Information for the Company for the year ended December 31, 2018. These [...]
Frontera Energy Corp. announces that its board of directors has declared a dividend of C$0.165 per common share, which will be paid in cash on or about April 16, 2019 to shareholders of record at the close of business on April 2, 2019. The dividend is designated as an eligible dividend under the Income Tax Act . The dividend is eligible for the Company's Dividend Reinvestment Plan to provide shareholders of Frontera who [...]
Frontera Energy Corp. announced that, on March 12, 2019, it acquired 12,181,000 rights to acquire common shares of CGX Energy Inc. . The aggregate purchase price for the Rights was C$60,905 . Frontera acquired the Rights through the TSX Venture Exchange in connection with the rights offering previously announced by CGX in a news release on February 1, 2019 . Prior to the acquisition of the 12,181,000 Rights, Frontera [...]