First Quarter 2018 Results Will Be Released After Market on Thursday, May 10, 2018, Followed by a Conference Call and Webcast on Friday, May 11, 2018 at 10:30 A.M. EDT TORONTO, May 2, 2018 /CNW/ - Frontera Energy Corp. announces that its first quarter 2018 results will be released after market on Thursday, May 10, 2018 followed by a conference call and webcast for investors and analysts on Friday, May 11, 2018 at 8:30 [...]
Current Board Member Richard Herbert to be appointed Chief Executive Officer; David Dyck to be appointed Chief Financial Officer Successful Start to 2018 Capital Program, Exploration Success at Guatiquia and Quifa Average 2018 Net Oil and Gas Production of between 65,000 and 70,000 boe/d Capital Expenditures of between $450 and $500 Million Expected to Fund 125 to 135 Development Wells, 11 to 15 Exploration Wells, 15 to [...]
Value Over Volumes Focus in 2017 Generates Net Cash Provided by Operating Activities of $356 Million and Operating EBITDA Over $390 Million TORONTO, March 28, 2018 /CNW/ - Frontera Energy Corp. announced today the release of its: consolidated financial statements for the year and quarter ended December 31, 2017, management discussion and analysis , Annual Information Form and Form 51-101 F1 - Statement of Reserves Data [...]
Fourth Quarter and Year-End 2017 Results Will Be Released Before Market on Wednesday, March 28, 2018, Followed by a Conference Call and Webcast at 10:30 A.M. EST TORONTO, March 7, 2018 /CNW/ - Frontera Energy Corp. announces that its fourth quarter and year-end 2017 results will be released before market on Wednesday, March 28, 2018 followed by a conference call and webcast for investors and analysts at 8:30 a.m. , 9:30 [...]
TORONTO, Feb. 18, 2018 /CNW/ - Frontera Energy Corp. announces that Camilo McAllister, its Chief Financial Officer, has resigned to pursue other career opportunities. Mr. McAllister will continue in his current role until March 9, 2018. Frontera has retained an international placement firm to assist in recruiting a new CFO. Alejandro Piñeros, Corporate Finance Director, who among other duties is already responsible [...]
Exit Rate Guidance Achieved Accompanied by an Active First Quarter Drilling Campaign TORONTO, Jan. 22, 2018 /CNW/ - Frontera Energy Corp. announces that it achieved exit rate production, after royalties and internal consumption, of 71,015 boe/d as of December 31, 2017, which was within the Company's exit guidance range of 70,000 to 75,000 boe/d. Exit rate production included 8,240 bbl/d from Block 192 in Peru, above [...]
Production on Block 192 Restarted, Operating EBITDA Above the High End of 2017 Guidance, Capital Spending at or Below the Low End of 2017 Guidance Richard Herbert Appointed to the Board of Directors TORONTO, Dec. 21, 2017 /CNW/ - Frontera Energy Corp. announces an operational and financial update, new Board appointment and executive promotions. Operational Update Following the lifting of the full field blockade on Block [...]
Continued Focus on Value over Volumes Cash Generated by Operating Activities: $110 million, Cash Used in Investing Activities: $41 million TORONTO, Nov. 13, 2017 /CNW/ - Frontera Energy Corp. announced today the release of its interim condensed consolidated financial statements for the third quarter of 2017, together with its management discussion and analysis . These documents will be posted on the Company's website at [...]
Third Quarter 2017 Results Will Be Released After Market on Monday, November 13, 2017 Conference Call and Webcast on Tuesday, November 14 at 10:30 A.M. EDT TORONTO, Nov. 8, 2017 /CNW/ - Frontera Energy Corp. (TSX: FEC) ("Frontera" or the "Company") announces that its third quarter 2017 results will be released after market on Monday, November 13, 2017 followed by a conference call and webcast for investors and analysts on [...]
Uncertainty Grows as Community Blockade Continues The Safety of our People and the Environment Remain our Priority Block Remains in Force Majeure TORONTO, Oct. 27, 2017 /CNW/ - Frontera Energy Corp. (TSX: FEC) ("Frontera" or the "Company") announces an update on Block 192 in Peru (the "Block"). Operational activities in the Block have been suspended since September 18, 2017 as a result of an indigenous blockade of [...]
Additional Value Generated from Non-Core Asset Sale, Proceeds Used for Acquisition of PML TORONTO, Oct. 26, 2017 /CNW/ - Frontera Energy Corp. (TSX: FEC) ("Frontera" or the "Company") announces today that it has entered into an agreement to sell its interest in Petroelectrica de los Llanos ("PEL") to an affiliate of Eléctricas de Medellín - Ingeniería y S.A.S ("EDEMSA"). Consideration for the sale [...]
First Step in a Series of Transactions Anticipated to Reduce Transportation Costs and Related Financial Commitments TORONTO, Oct. 16, 2017 /CNW/ - Frontera Energy Corp. (TSX: FEC) ("Frontera" or the "Company") announces that it has signed an agreement to acquire the outstanding 36.36% ownership of Pacific Midstream Limited ("PML") from the International Finance Corporation and from funds related to the International [...]