Frontera Energy Corp.

Pacific Exploration & Production is pleased to announce that its wholly-owned subsidiary Meta Petroleum has reached an agreement with Talisman Colombia Oil & Gas to acquire the remaining 50% working interest held by Talisman in the CPE-6 Block (the "Block") in Colombia. Ronald Pantin, Chief Executive Officer of the Company, commented:  "This acquisition consolidates an important new heavy oil discovery in Colombia. Our [...]

TORONTO, Dec. 17, 2015 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the syndicate of lenders under its U.S.$1 billion revolving credit and guaranty agreement (the "Revolving Credit Agreement") have formed a steering committee to negotiate the terms of a potential extension of covenant relief currently in place until December 28, 2015.  The Company is seeking a similar [...]

Pacific Exploration & Production announced today the release of its unaudited consolidated financial statements for the quarter ended September 30, 2015, together with its Management Discussion and Analysis. These documents will be posted on the Company's website, SEDAR, and the SIMEV website at www.superfinanciera.gov.co/web_valores/Simev. A corporate presentation relating to the third quarter results will also be posted [...]

Pacific Exploration & Production Corporation to withdraw from Papua New Guinea SINGAPORE and PORT MORESBY, Papua New Guinea, Nov. 5, 2015 /PRNewswire/ -- InterOil Corp. (NYSE:IOC) (POMSoX:IOC) will increase its interest in two key licenses following the withdrawal of Pacific Exploration & Production Corporation (TSX: PRE; BVC: PREC) ("Pacific") from Papua New Guinea. The withdrawal of Pacific, formerly Pacific Rubiales [...]

TORONTO, Oct. 26, 2015 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) today provided an update for its third quarter 2015 operating results, which includes estimates of production and sales volumes, price realizations, and operating netbacks, summarized as follows: 3Q 2015 (Estimate) 2Q 2015 (Actual) 1Q 2015 (Actual) 4Q 2014 (Actual) 3Q 2014 (Actual) ...

TORONTO, Oct. 6, 2015 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) today announced that its third quarter 2015 results will be released before market open on Thursday, November 5, 2015 followed by a conference call and webcast for investors and analysts at 8:00 a.m. (Toronto and Bogotá time). Participants will include Ronald Pantin, Chief Executive Officer and select members of the senior [...]

TORONTO, Sept. 29, 2015 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today that the Company has obtained waivers (the "Waivers") from its lenders in respect of the covenant that requires the Company to maintain its consolidated net worth above U.S.$1 billion (the "Covenant"). The Waivers were obtained with respect to the: (i) U.S.$1 billion revolving credit and guaranty agreement with a [...]

Pacific Exploration & Production is pleased to announce that its wholly-owned subsidiary Pacific Stratus Energy Del Peru S.A. has been awarded a two-year contract to operate Block 192 (the "Agreement") by Perupetro S.A. (the State company that, on behalf of the Peruvian State is responsible for promoting, negotiating, underwriting and monitoring contracts for exploration and exploitation of hydrocarbons). Block 192 is [...]

Pacific Exploration & Production announced today that the Company has entered into an agreement (the "Nomination Agreement") with: (i) ALFA, S.A.B. de C.V. and (ii) Alejandro Betancourt, O'Hara Administration Co., S.A. and the various Shareholders they represent, with respect to the appointment of four new directors to the Board of Directors. ALFA owns 59,897,800 common shares in the capital of the Company ("Common [...]

TORONTO, Aug. 31, 2015 /CNW/ - Pacific Exploration & Production Corp. (TSX: PRE) (BVC: PREC) announced today the start of operations of Puerto Bahía port facilities in Cartagena, Colombia. The terminal officially commenced liquid and general bulk transport operations on August 28, 2015, opening a multi-modal and world-class specialized port for the public. Pacific has a 41.65% equity interest in Pacific [...]