Frontera Energy Corp. , today announced that it commenced a consent solicitation with respect to proposed amendments to the indenture governing its outstanding U.S.$350 million 9.700% Senior Notes due 2023 , upon the terms and subject to the conditions set forth in a Consent Solicitation Statement, dated November 13, 2018 . The Company is soliciting consents from holders of record of Notes as of 5:00 p.m. on November 12 [...]
TORONTO, Nov. 12, 2018 /CNW/ - Frontera Energy Corp. , today announced that it intends to commence a consent solicitation to amend the indenture governing its outstanding 9.7% Senior Unsecured Notes due 2023 . The Company is proposing to amend certain restrictions relating to "Limitations on Restricted Payments" in the Indenture to, among other changes, replace an existing basket permitting Restricted Payments , of up to [...]
Solid Execution Delivers Quarterly Net Income of $45 Million and Cash Provided by Operating Activities of $189 Million Expiration of Oil Hedges Well Timed with Expected Fourth Quarter Increase in Production Updates to the Board of Directors Frontera Energy Corp. announces today the release of its Interim Condensed Consolidated Financial Statements for the third quarter of 2018, together with its Management, Discussion [...]
Third Quarter 2018 Results Will Be Released After Market on Wednesday, November 7, 2018, Followed by a Conference Call and Webcast on Thursday, November 8, 2018 at 10:00 A.M. EST Frontera Energy Corp. announces that its third quarter 2018 results will be released after market on Wednesday, November 7, 2018 followed by a conference call and webcast for investors and analysts on Thursday, November 8, 2018 at 8:00 a.m [...]
Acorazado-1 Testing Results Confirm a Light Oil Discovery on the Llanos-25 Block Production Back Above 65,000 boe/d with Strong Operational Performance, Quifa Water Handling Project on Schedule and 34 Well Q4 Drilling Campaign Frontera Energy Corp. , today announced a light oil discovery from its Acorazado-1 exploration well on the 100% owned and operated Llanos-25 block in Colombia. Frontera also provided an operational [...]
Awarded 'SDG Leadership Award' and 'Partnership Award' related to its Outstanding Engagement with Indigenous Groups in Colombia and Peru Frontera Energy Corp. , is pleased to announce it has been named a Canadian Sustainable Development Goals award winner for the second consecutive year by the Global Compact Network Canada, the Canadian network of the United Nations Global Compact. Frontera was awarded the SDG Leadership [...]
Production Ramping Back Up to Over 8,600 Barrels of Oil Per Day Frontera Energy Corp. , today announced that repairs have been completed on the NorPeruano pipeline in Peru and it has now resumed normal operations, allowing the Company to restart production from Block 192. On June 4, 2018, Petroperu S.A. declared force majeure on the NorPeruano pipeline, which transports crude oil from Block 192 to the export terminal at [...]
Confirms Hydrocarbon Presence in Mirador Reservoir in Acorazado-1 Exploration Well Delfin Sur-1 Exploration Well Offshore Peru Determined Non-Commercial Frontera Energy Corp. , today announced positive drilling results from the Acorazado-1 well located on the 100% owned and operated Llanos 25 block onshore Colombia. As a result, the well is being cased in preparation for testing. The Acorazado-1 exploration well reached a [...]
Increased Operating EBITDA Guidance Driven by Strong Financial Results TORONTO, Aug. 3, 2018 /CNW/ - Frontera Energy Corp. announces today the release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2018, together with its Management, Discussion and Analysis . These documents will be posted on the Company's website at www.fronteraenergy.ca and SEDAR at www.sedar.com. All values in this [...]
Second Quarter 2018 Results Will Be Released After Market on Thursday, August 2, 2018, Followed by a Conference Call and Webcast on Friday, August 3, 2018 at 10:00 A.M. EDT TORONTO, July 19, 2018 /CNW/ - Frontera Energy Corp. announces that its second quarter 2018 results will be released after market on Thursday, August 2, 2018 followed by a conference call and webcast for investors and analysts on Friday, August 3, 2018 [...]
/STATES./ TORONTO, July 13, 2018 /CNW/ - Frontera Energy Corp. announces that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid for its common shares . The notice provides that Frontera may purchase, during the twelve-month period commencing July 18, 2018 and ending July 17, 2019, up to 3,543,270 Common Shares, representing approximately 3.5% of the Company's 100,011,664 [...]
TORONTO, July 13, 2018 /CNW/ - Frontera Energy Corp. today announced that it has reached the successful settlement of the Ocensa transportation arbitration concerning the P-135 Project and terminated its contractual commitment with Cenit Transporte y Logistica de Hidrocarburos S.A. to transport oil through the Caño Limón pipeline and its contractual commitment with Oleoducto Bicentenario de Colombia S.A.S [...]