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 [...]
Amendment Will Ensure All Shareholders Are Treated Equally Under the Offer Regardless of Numbers of Shares Held No Additional Changes to Offer Terms or Timing Only Shareholders Holding Less Than 100 Shares Will be Affected by Amendment Frontera Energy Corp. announced today that it will amend its previously announced substantial issuer bid to remove the preferential acceptance of "odd lot" tenders, which are tenders from [...]
Offer Results in a CAD$0.48 Per Share Distribution or 6.6% Yield Assuming Full and Pro-Rata Shareholder Participation Over US$52 Million Returned to Stakeholders in 2024, Including Successful Completion of the Offer Additional Dividends, Share Buybacks, Distributions, Bond Buybacks or Other Investor Initiatives May Be Considered in the Future Frontera Energy Corp. announces that its board of directors has approved the [...]
Recorded an Income from Operations of $45.2 million and a Net Loss of $2.8 million Generated Operating EBITDA of $110.3 Million and Cash Provided by Operating Activities of $149.8 Million Delivered Average Daily Production of 39,912 Boe/d in Q2, Up 5% From the Prior Quarter, Including Average Daily Production of Approximately 40,600 Boe/d in June and July Generated Quarterly Adjusted Infrastructure EBITDA of $27.8 Million [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the second quarter ended June 30, 2024, after markets close on Wednesday, August 7, 2024. A conference call for investors and analysts will be held on Thursday, August 8, 2024, at 11:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive [...]