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 [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the fourth quarter and year ended December 31, 2024, the Company's 2024 year-end reserves and operational update before markets open on Monday, March 10th, 2025. A conference call for investors and analysts will be held on Monday, March 10th, 2025, at 11:30 a.m. Eastern Time. Participants will include Gabriel de Alba [...]
Joint Venture has Received a Communication from the Government of Guyana Regarding the Joint Venture's License Joint Venture is Considering All Options to Assert and Defend its Interests in the Corentyne Block and in Guyana TORONTO and CALGARY, AB, Feb. 11, 2025 /CNW/ - CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana [...]
Frontera Energy Corp. announces that the Company has taken up and paid for 3,500,000 of its outstanding common shares at a price of $12.00 per Share under its additional substantial issuer bid pursuant to which the Company offered to purchase from shareholders for cancellation up to $42 million of Shares . All dollar amounts are in Canadian dollars unless otherwise specified. Gabriel de Alba, Frontera's Chairman of the [...]
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$42 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 January 24, 2025. All dollar amounts are in Canadian dollars unless otherwise specified. In accordance with the terms and [...]
Offer Results in a CAD$0.52 Per Share Distribution or 6.7% Yield Assuming Full and Pro-Rata Shareholder Participation Over US$83 Million Returned to Shareholders in 2024, Including Successful Completion of the Offer Additional Dividends, Share Buybacks, Bond Buybacks or Other Investor Initiatives May Be Considered in the Future Frontera Energy Corp. announces that its board of directors has approved the commencement of a [...]
Frontera Energy Corp. today provided an operational update and announced its full year 2025 capital and production guidance. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Q4 2024 Operational Update Colombia and Ecuador Upstream: Q4 2024 production to date is approximately 42,450 boe/d, with a year-to-date average of approximately 40,200 boe/d [...]
Recorded $16.6 million in Net Income and $26.8 million in Income from Operations Declared Quarterly Dividend of C$0.0625 Per Share, or $3.9 Million in Aggregate, Payable on or around January 17, 2025 Generated $103.2 Million in Operating EBITDA and $124.1 Million in Cash Provided by Operating Activities Delivered Average Daily Production of 40,616 Boe/d, Up 2% From the Prior Quarter, Averaged Approximately 42,300 Boe/d of [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the third quarter ended September 30, 2024, after markets close on Wednesday, November 6, 2024. A conference call for investors and analysts will be held on Thursday, November 7, 2024, at 11:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief [...]
Frontera Energy Corp. announces that the Company has taken up and paid for 3,375,000 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 $40.5 million of Shares . All dollar amounts are in Canadian dollars unless otherwise specified. Gabriel de Alba, Frontera's Chairman of the Board [...]
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$40.5 million of its outstanding common shares at a purchase price of CAD$12.00 per Share. The Offer, as amended by the notice of variation dated September 27, 2024 , expired at 5:00 p.m. on October 17, 2024. All dollar amounts are in Canadian [...]