Enters into a Take-or-Pay Agreement with Ecopetrol for LNG Regasification Services for 126 MMcfd, Increasing to 300 MMcfd After Two Years Enters Into Contract For The Lease of a Floating Storage and Regasification Unit, Including Related Operations And Maintenance Services Frontera's LNG Project is Expected to Significantly Contribute to Colombia's Gas Supply and the Provision of Energy Security to The Country Announces [...]
Frontera Energy announced the successful completion of the previously announced plan of arrangement pursuant to which Parex Resources through its wholly-owned subsidiary Parex AcquisitionCo Inc. has acquired 100% of Frontera International Holdings, which holds all of Frontera's Colombian exploration and production assets, its reverse osmosis water treatment facility and its palm oil plantation for aggregate consideration [...]
Shareholders Approve Arrangement with Parex to divest Frontera's E&P Assets for $750 Million in Enterprise Value and up to $470 million Return of Capital to Shareholders Recorded Net Income for the Period from Continuing Operations of $13.1 Million Recorded Adjusted EBITDA for Q1 2026 of $28.5 Million Frontera Positioned as a Standalone Infrastructure Company Expected Post Closing Cash Balance of Approximately $50 Million [...]
Frontera Energy announced it has obtained a final order from the Supreme Court of BC approving the previously announced plan of arrangement pursuant to whichParex Resources, through its wholly-owned subsidiary, Parex AcquisitionCo, will acquire all of Frontera's Colombian upstream business consisting of Frontera's oil and gas exploration and production assets in Colombia, its reverse osmosis water treatment facility and [...]
Frontera's Shareholders Voted to Approve Arrangement with Parex and Return of Capital Arrangement Anticipated to be Completed in the Second Quarter of 2026 Transaction Positions Frontera as a Standalone Infrastructure Company Frontera Energy Corp. announced today that shareholders voted to approve its previously announced plan of arrangement pursuant to which Parex Resources Inc. , through its wholly-owned subsidiary [...]
Frontera Energy Corp. is pleased to announce the results from its 2026 annual general 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 March 30, 2026. The total number of shares represented by shareholders present in person or by proxy at the Meeting was 47,888,431 [...]
Special Shareholder Meeting Scheduled for April 30th, 2026 to Vote on Parex Arrangement and Return of Capital Annual Meeting will follow Special Meeting for the Parex Arrangement Frontera Energy Corp. today announced that it has filed its management information circular in connection with Frontera's upcoming special meeting of the holders of Frontera's common shares to be held on April 30, 2026 at 10:00 a.m. , which will [...]
Special Meeting of Shareholders to Approve Colombian E&P Divestiture to Parex on April 30, 2026 Recorded Fourth-Quarter Net Loss from Continuing Operations of $663 Million, Including Non‑Cash Impairment Related to the Divestment of the Colombian E&P Assets Portfolio and the Guyana Interest Strong Business Performance, Achieved All 2025 Guidance Metrics, Including FY 2025 Average Production of 39,011 boed, Operating EBITDA [...]
Frontera Energy Corp. announces it has entered into a definitive arrangement agreement with Parex Resources Inc. , pursuant to which Parex will acquire Frontera's upstream Colombian exploration and production business for an equity consideration of up to $525 million , including $500 million payable upon closing and a $25 million contingent payment payable upon execution of the contractual amendment, or other binding [...]
Frontera Energy Corp. has received notice from GeoPark Limited that it will not exercise its right to match the binding offer received from Parex Resources Inc. , which Frontera had determined to be a "Superior Proposal" to the existing GeoPark transaction, as previously announced on March 5, 2026. As such, Frontera intends to enter into definitive agreements with Parex to implement the Parex Offer by way of a plan of [...]
Frontera Energy Corp. announces today that the Frontera Board of Directors, in consultation with its external legal counsel and independent financial advisors, has determined that the binding offer received from Parex Resources Inc. to acquire all of Frontera's upstream Colombian exploration and production business constitutes a "Superior Proposal" . Under the Parex Offer, Parex would acquire the same assets that Frontera [...]
Frontera Energy Corp. is today providing an update on the previously-announced unsolicited, non-binding proposal made by Parex Resources Inc. to acquire all of Frontera's upstream Colombian exploration and production business , being the same assets that Frontera has agreed to sell to a subsidiary of GeoPark Limited under the previously announced arrangement agreement between Frontera and GeoPark dated January 29, 2026 [...]
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