New Country Entry Marks Continued Progress with Upstream Growth Strategy Successful Bids Further Consolidate Frontera's Strength in North Andean Region of South America Frontera Energy Corp. and GeoPark Limited , as part of a consortium , are pleased to announce that they have been awarded production sharing contracts on two blocks in Ecuador's Intracampos Bid Round offered by the Ministerio de Energia y Recursos [...]
Fourth Quarter and Year-End 2018 Results and a Reserves Update Will Be Released Before Market on Thursday, March 14, 2019, Followed by a Conference Call at 10:00 A.M. EST Frontera Energy Corp. announces that its fourth quarter and year-end 2018 results will be released before market on Thursday, March 14, 2019 followed by a conference call for investors and analysts at 8:00 a.m. , 9:00 a.m. and 10:00 a.m. . Participants [...]
Investor Day Highlights Colombia Production Growth VIM-1 Block Farm-In with Parex Resources Frontera Energy Corp. announces an investor day and corporate update, including developments related to the Parex farm-in agreement, executive appointment, hedging, and the Corcel arbitration and the Caño Limón and Bicentenario pipelines. All values in this news release and the Company's financial disclosures are in [...]
Met 2018 Production Guidance, Strong Current Production Encouraging Colombian Exploration and Development Activity and New Acreage Frontera Energy Corp. announces an operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Production Update Frontera delivered estimated 2018 production of 70,999 boe/d before royalties , within the [...]
Frontera Energy Corp. announces that the Toronto Stock Exchange has accepted the Company's notice to amend its normal course issuer bid for its common shares . The notice provides that the Company will be increasing the size of its NCIB from approximately 3.5% to 5% of the Company's issued and outstanding Common Shares. Under the initial NCIB which commenced on July 18, 2018, Frontera intended to purchase, during a [...]
Frontera Energy Corp. today announced the option for a Dividend Reinvestment Plan. As initially announced on December 6, 2018, Frontera has now adopted a Dividend Reinvestment Plan effective December 17, 2018 to provide shareholders of Frontera who are resident in Canada with the option to have the cash dividends declared on their common shares of Frontera reinvested automatically back into additional Shares, without [...]
Stable Production and Operating EBITDA Expected to Deliver Strong Cash Generation in 2019 Exciting Combination of Growth Initiatives and Portfolio Enhancement Opportunities Dividend of C$0.33 and an Increased Normal Course Issuer Bid Frontera Energy Corp. today announced full year 2019 plan and guidance information. All values in this news release and the Company's financial disclosures are in United States dollars [...]
Frontera Energy Corp. announces that its board of directors has declared dividend of C$0.33 per common share, which will be paid in cash on January 17, 2019 to shareholders of record at the close of business on January 3, 2019. The dividend is designated as an eligible dividend under the Income Tax Act . About Frontera: Frontera is a Canadian public company and a leading explorer and producer of crude oil and natural gas [...]
CGX Energy Inc. and Frontera Energy Corp. announced today that they have entered into a letter agreement to enable CGX to finance the drilling costs related to two shallow water offshore blocks in Guyana, currently 100% owned and operated by a subsidiary of CGX. The agreement also provides financial support as a critical step in a series of transactions that CGX is seeking to undertake in order to restructure its [...]
Frontera Energy Corp. announces an update on Block 192 in Peru . On November 30, 2018, the Company was notified by Petroperú S.A. , the operator of the NorPeruano pipeline, of a force majeure event affecting a portion of the pipeline as a result of an attack at Kilometer 193 in the Morona district following a community dispute. The pipeline has been shut down by Petroperú as a result of damage caused by the [...]
Receives Consent of Holders of 91.16% in Aggregate Principal Amount Consent Gives Company Flexibility to Implement Additional Measures Expected to Enhance Shareholder Value Frontera Energy Corp. reported today that it has successfully completed the previously announced solicitation of consents with respect to certain proposed amendments to the Indenture governing the Company's U.S.$350 million aggregate principal amount [...]
Frontera Energy Corp. announced today an extension of its consent solicitation and a change to the consent fee payable to consenting noteholders with respect to its previously announced consent solicitation to holders of the Company's U.S.$350 million aggregate principal amount of 9.700% Senior Notes due 2023 made pursuant to the consent solicitation statement dated November 13, 2018 . The consent solicitation, which [...]