Recorded Net Income of $25.4 million, Including $15 Million in Insurance Recoveries Related to Sabanero Block Generated Quarterly Operating EBITDA from Continuing Operations of $86.6 Million Generated Adjusted Infrastructure EBITDA of $30.4 million and Segment Income of $15.5 Million, Led by Strong ODL Performance Streamlined Organization Resulting in Leaner, More Efficient Structure Generating $10-$15 Million in Expected [...]
E&P AND FRONTERA INFRASTRUCTURE Frontera Energy Corp. today announced a plan to unlock significant value from its existing assets through a spin-off of its Colombian Infrastructure business, creating two independent companies: Frontera Exploration & Production and Frontera Infrastructure. The Proposed Transaction is projected to be completed in the first half of 2026 and is subject to shareholder approval. All financial [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the third quarter ended September 30, 2025, after markets close on Thursday, November 13th, 2025. A conference call for investors and analysts will be held on Friday, November 14th, 2025, at 11:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief [...]
Frontera Energy announces that two officers of the Company have joined the board of directors of CGX Energy and that Gabriel de Alba, director and Co-chairman of CGX, has resigned from the CGX Board. As a result, the CGX Board includes three officers of the Company, namely, Orlando Cabrales, Alejandra Bonilla and René Burgos Díaz. Frontera intends to encourage CGX to continue to take steps to preserve its resources and [...]
Recorded $455.2 million in Net Loss Mainly due to Non-Cash Impairment Charges Related to its Interest in the Corentyne License and Ecuadorian Assets Increased Total Production 1% Quarter over Quarter Generated Quarterly Operating EBITDA of $76.1 Million Generated Adjusted Infrastructure EBITDA of $27.1 million and $14.3 million Segment Income Executed C$91 million Substantial Issuer Bid, its Largest to Date, with Over [...]
Frontera Energy announced today that the Company agreed to divest its 50% working interest in the Perico and Espejo blocks in Ecuador. All financial amounts in this news release and are in United States dollars, unless otherwise stated. The total cash consideration to Frontera for the blocks is $7.8 million, subject to working capital and other customary adjustments as of the effective date of January 1, 2025. The [...]
Frontera Energy and CGX Energy provided today an update on the Corentyne block license. As previously disclosed on May 9, 2025, Frontera and its subsidiaries, Frontera Petroleum International Holding B.V. and Frontera Energy Guyana Holding, submitted a notice of intent to the Government of Guyana on March 26, 2025. The notice alleges breaches of the United Kingdom - Guyana Bilateral Investment Treaty and the Guyana [...]
Frontera Energy announces that the Company will release its financial and operational results for the second quarter ended June 30, 2025, after markets close on Wednesday, August 13th, 2025. A conference call for investors and analysts will be held on Thursday, August 14th, 2025, at 11:00 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive [...]
Frontera May Purchase up to 3,502,962 Common Shares Representing Approximately 5% of the Company's Issued and Outstanding Common Shares Frontera Energy Corp. announces that the Toronto Stock Exchange has accepted its notice to initiate a normal course issuer bid for its common shares . Pursuant to the NCIB, Frontera may purchase up to 3,502,962 Common Shares during the 12-month period commencing July 18, 2025, and ending [...]
Frontera Energy Corp. announces that the Company has taken up and paid for 7,583,333 of its outstanding common shares at a price of $12.00 per Share under its substantial issuer bid pursuant to which the Company offered to purchase from shareholders for cancellation up to $91 million of Shares . All dollar amounts are in Canadian dollars unless otherwise specified. Gabriel de Alba, Chairman of the Board commented: "With [...]
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 [...]
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