Third Quarter Production of 70,200 boe/d October Production over 73,000 boe/d Third Quarter 2019 Results Will Be Released After Market on Thursday, November 7, 2019 Followed by a Conference Call on Friday, November 8, 2019 at 10:00 A.M. EST Frontera Energy Corp. announces a third quarter 2019 operational update and notice of financial results and conference call. All values in this news release and the Company's financial [...]
Frontera Energy Corp. announces today that a resequencing of CGX Energy Inc.'s work programme in the Corentyne block, offshore Guyana, held by its wholly owned subsidiary, CGX Resources Inc., has been approved by means of an addendum to its Corentyne Petroleum Agreement by the Government of the Cooperative Republic of Guyana. CGX and Frontera are joint venture partners in the block and CGX is the operator. The benefit of [...]
Higher Earnings, Cash Provided by Operating Activities and Record Operating EBITDA Production Growth, Higher Realized Oil Prices, Narrow Crude Differentials, and Cost Savings Initiatives Drive Improved Financial Performance Company Raises 2019 EBITDA Guidance on Strong First Half Results and Declares Regular and Special Dividends Frontera Energy Corp. announces today the release of its Interim Condensed Consolidated [...]
Frontera Energy Corp. announces that its board of directors has declared a regular dividend of C$0.205 per common share and a special dividend of C$0.535. The special dividend will be paid on or about August 23, 2019 to shareholders of record at the close of business on August 9, 2019. Gabriel de Alba, Chairman of the Board of Directors of Frontera, commented: "The board of directors approved a special dividend to reflect [...]
Production Ramping Back Up to Over 9,000 Barrels of Oil Per Day Second Quarter 2019 Results Will Be Released After Market on Thursday, August 1, 2019, Followed by a Conference Call on Friday, August 2, 2019 at 10:00 A.M. EDT Frontera Energy Corp. , today announced that repairs have been completed on the NorPeruano pipeline in Peru and it has now resumed normal operations, allowing the Company to restart production from [...]
Awarded the VIM-22 and Llanos-99 Blocks as Part of the ANH Bid Round Second Quarter 2019 Results Will Be Released After Market on Thursday, August 1, 2019, Followed by a Conference Call on Friday, August 2, 2019 at 10:00 A.M. EDT Frontera Energy Corp. announces the award of the VIM-22 block in addition to LLA-99 block which was previously announced on June 27, 2019 under the successful Agencia Nacional de Hidrocarburos [...]
Second Quarter Production of 74,285 boe/d Quarterly Production Growth of 9.3% Year to Date Production of 71,190 boe/d Frontera Energy Corp. announces a second quarter 2019 operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Richard Herbert, Chief Executive Officer of Frontera, commented: "The first half of 2019 has been very [...]
Frontera Energy Corp. announced today that it was awarded the Llanos-99 block in Colombia following the successful Agencia Nacional de Hidrocarburos bid round. Definitive award documentation will be entered into in July 2019. The Llanos-99 block includes 134,900 acres within the prolific Llanos basin in Colombia on trend with fields that produce medium to light oil from the C-5 and C-7 zones within the Carbonera [...]
Frontera Energy Corp. announced today that the Company will be added to the S&P/TSX Composite Index , effective prior to the open of trading on Monday, June 24, 2019. The Company is also being added to the S&P/TSX Composite Dividend, S&P/TSX Composite High Dividend and S&P/TSX Capped Energy Index at the same time. The Composite Index is the headline index in Canada and serves as an indicator of broad market activity in [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading: S&P/TSX COMPOSITE INDEX – June 24, 2019 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Frontera Energy Corp. Energy Oil & Gas Exploration & Production DELETED CES Energy Solutions Corp. Energy Oil & Gas Equipment & Services DELETED Fortuna Silver Mines Inc. Materials Silver [...]
Frontera Energy Corp. announces that its board of directors has declared a dividend of C$0.205 per common share, which will be paid on or about July 17, 2019 to shareholders of record at the close of business on July 3, 2019. The Company's board of directors has also amended its dividend policy to increase the quarterly dividend by 20% from US$12.5 million to approximately US$15.0 million during periods in which Brent oil [...]
Frontera Energy Corp. today held its annual general and special meeting of shareholders , where each of the seven nominees proposed as directors and listed in the Company's management proxy circular dated April 18, 2019 were elected as directors. A total of 74,846,839 common shares were voted in respect of the election of directors at the Meeting, representing 76.29% of the votes attaching to all outstanding common [...]
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