Frontera Energy Corp. announces the preliminary results of its substantial issuer bid pursuant to which the Company offered to purchase from shareholders for cancellation up to CAD$91 million of its outstanding common shares at a purchase price of CAD$12.00 per Share . The Offer expired at 5:00 p.m. on July 10, 2025. All dollar amounts are in Canadian dollars unless otherwise specified. In accordance with the terms and [...]
Frontera Energy announces the results of the Company's previously announced cash tender offer and concurrent consent solicitation of its outstanding 7.875% Senior Notes due 2028, in each case, made upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated as of May 9, 2025. Capitalized terms used but not defined in this press release have the meaning set forth [...]
Frontera Energy hereby announces the changes set forth below to the Company's previously announced cash tender offer and consent solicitation of its outstanding 7.875% Senior Notes due 2028, made upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated as of May 9, 2025. Capitalized terms used but not defined in this press release have the meaning set forth [...]
Frontera Energy announces the launch, as of the date hereof, of its previously announced substantial issuer bid pursuant to which the Company offers to purchase from holders of common shares of the Company up to 7,583,333 Shares for cancellation at a purchase price of CAD$12.00 per Share, for an aggregate purchase price not exceeding CAD$91,000,000. The Offer commences and will expire at 5:00 p.m. on July 10, 2025, unless [...]
Frontera Energy announced that, as of 5:00 p.m., New York City time, on May 23, 2025, holders of U.S.$124,134,000 aggregate principal amount of its outstanding 7.875% Senior Secured Notes due 2028, had either tendered their Notes or provided their standalone Consents in the Company's previously announced cash tender offer and consent solicitation, made upon the terms and subject to the conditions set forth in the Offer to [...]
Frontera Energy is pleased to announce the results from its 2025 annual & special meeting of shareholders held today. ELECTION OF DIRECTORS Shareholders elected each of the nominees proposed by management as set forth in the management information circular of the Company dated April 9, 2025. The total number of shares represented by shareholders present in person or by proxy at the Meeting was 53,094,359, representing [...]
Frontera Energy announces that its board of directors has approved the commencement of a substantial issuer bid pursuant to which the Company will offer to purchase from holders of common shares of the Company up to 7,583,333 Shares for cancellation at a purchase price of CAD$12.00 per Share, for an aggregate purchase price not exceeding CAD$91,000,000. Orlando Cabrales, CEO, Frontera, commented: "With the suc...
Frontera Energy announces that Frontera's wholly-owned subsidiary, Frontera Pipeline Investment AG and a syndicate of lenders led by Macquarie Group have entered into an amended and restated credit agreement whereby, among other things, the Lenders agreed to increase the amounts available in the original credit agreement to $220 million, guaranteed by Frontera ODL Holding, the parent company of FPI. The Recapitalization [...]
Frontera Energy announced that it is commencing a cash tender offer for up to U.S.$65 million in aggregate principal amount of its outstanding 7.875% Senior Secured Notes due 2028 and a concurrent consent solicitation upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated as of May 9, 2025. The Offer will expire at 5:00 p.m., New York City time, on June 9 [...]
Recorded $27.5 million in Net Income and $13.6 million in Income from Operations Generated Operating EBITDA of $83.5 Million Generated Adjusted Infrastructure EBITDA of $28.6 million and $44.9 million Segment Income Recapitalization of its ODL Interest Through a New $220 Million Non-Recourse Secured Loan Expected to be Completed Shortly Announces its Intention to Commence a $65 Million Substantial Issuer Bid Launches a [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the first quarter ended March 31, 2025, after markets close on Thursday, May 8, 2025. A conference call for investors and analysts will be held on Friday, May 9, 2025, at 12:00 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer [...]
Recorded Full Year 2024 Net Loss of $24.2 Million and $116.7 Million in Income from Operations Generated Full Year 2024 Operating EBITDA of $424 Million Delivered On All 2024 Guidance Metrics, Including Annual Production of 40,288 Boe/d, Average Q4 2024 Production of 42,406 boe/d and Average Production Cost of $9.34/boe for 2024 Recorded 151.3 Million Boe 2P Gross Reserves and 100.6 Million Boe 1P Gross Reserves 1P [...]