Project Aims to be Colombia's Lowest Cost LPG Importer, Capturing Significant Market Share 20,400-ton LPG Refrigerated Storage Facility Expected to be In Service by 2027 Frontera Energy Corp. announced today that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. and Gasco Soluciones Logísticas y Energéticas S.A.S. have entered into a Framework Collaboration Agreement to jointly pursue a liquified petroleum gas project [...]
TORONTO and CALGARY, AB, June 26, 2024 /CNW/ - CGX Energy Inc. and Frontera Energy Corp. , joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana , today announced that the Joint Venture has submitted a Notice of Potential Commercial Interest for the Wei-1 discovery to the Government of Guyana, which preserves the Joint Venture's interests in the License. In 2023, the Joint [...]
Frontera Achieved 108% of its 2023 Sustainability Goals and Offset 50% of Emissions through Carbon Credits Frontera Handed Over 1,000 Hectares To The National Park Association For The Establishment Of The Serranía Of Manacacías National Park In Meta, Colombia The Company Is Committed To Continue Being An Integrity Influencer BUILDING A SUSTAINABLE FUTURE Frontera Energy Corp. today released its 2023 Sustainability Report [...]
Frontera Energy Corp. is pleased to announce the results from its 2024 annual 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 April 4, 2024. The total number of shares represented by shareholders present in person or by proxy at the Meeting was 57,595,377, representing [...]
Recorded Net Loss of $8.5 Million Generated Operating EBITDA of $97.2 Million Generated Adjusted Infrastructure EBITDA of $25.7 Million and Segment Income of $12.6 Million Delivered Average Daily Production of 38,193 Boe/d, Affected by Light & Medium Oil Performance, Partially Offset by Resilient Heavy Oil Operations Despite Community Blockades and Delays Related to Strategic Water Disposal Initiatives Achieved Record [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the first quarter ended March 31, 2024, after markets close on Wednesday, May 8, 2024. A conference call for investors and analysts will be held on Thursday, May 9, 2024, at 2:30 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer [...]
Recorded Full Year Net Income of $193.5 Million, Including $92.0 Million in Q4'23 Delivered Full Year Average Daily Production of 40,919 Boe/d Generated Full Year Operating EBITDA of $467.2 Million Generated Full Year Adjusted Infrastructure EBITDA of $119.8 Million and Segment Income of $69.3 Million Declared Quarterly Dividend of C$0.0625 Per Share, Or $3.9 Million in Aggregate, Payable on or around April 16, 2024 [...]
Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs Frontera Energy Corp. , has received the 2024 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Frontera has been recognized for the fourth time since 2021 and is one [...]
Frontera Energy Corp. announces that the Company will release its financial and operational results for the fourth quarter and year ended December 31, 2023, and the Company's 2023 year-end reserves after markets close on Thursday, March 7, 2024. A conference call for investors and analysts will be held on Friday, March 8, 2024, at 11 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of [...]
Frontera Energy Corp. today announced its full year 2024 capital and production guidance, provides an update on its estimated fourth quarter 2023 and full year average daily production and provides and update on shareholder value initiatives, including the initiation of a quarterly dividend of CAD $0.0625 per share payable quarterly, following the release of year-end 2023 results. All values in this news release and the [...]
Additional Upside Identified in Campanian and Santonian Horizons Exploration Results Support the Potential for a Successful Standalone Oil Resource Development Across the Corentyne Block from Maastrichtian Horizons Joint Venture With Support From Houlihan Lokey Actively Pursuing A Potential Farm Down of Interests In Corentyne Block CGX Energy Inc. and Frontera Energy Corp. to Host Virtual Presentation on December 11, 2023 [...]
Frontera May Purchase up to 3,949,454 Common Shares Representing Approximately 10% of the Company's Public Float 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 3,949,454 Common Shares during the 12-month period commencing November 21, 2023, and ending November 20, 2024 [...]