Recorded Net Income of $32.6 Million Generated Strong Operating EBITDA of $137.8 Million, Up 18% compared to Q2 2023 Delivered Steady Average Daily Production of 40,802 Bbl/d, Including Record CPE-6 Quarterly Average Production of 5,803 Bbl/d, Up 13% versus Q2 2023 Completed Successful Exploration and Appraisal Activities and Produced 1 Millionth Barrel from the Perico Block, Ecuador Generated Quarterly Adjusted Midstream [...]
Frontera Energy Corp. announces that its third quarter 2023 results will be released after markets close on Thursday, November 9, 2023. A conference call for investors and analysts will be held on Friday, November 10, 2023, at 10:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer, René Burgos, Chief Financial Officer and other [...]
Recorded Net Income of $80.2 Million Generated Operating EBITDA of $116.5 Million, up 27% From the Previous Quarter Increased Average Daily Production 1% to 42,049 Boe/d, Increased Quifa and CPE-6 Quarter Over Quarter Average Daily Production by 8.4% Standalone and Growing Midstream Business Generated $18.2 Million of Quarterly Segment Income and $30.4 Million of Adjusted Midstream EBITDA Entered Into Agreement To Connect [...]
Frontera Energy Corp. announces that its second quarter 2023 results will be released after markets close on Thursday, August 10, 2023. A conference call for investors and analysts will be held on Friday, August 11, 2023, at 11:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer, René Burgos, Chief Financial Officer and other [...]
Second Discovery on the Corentyne Block Following Kawa-1 Light Oil and Condensate Discovery in 2022 Successfully Finished Drilling Operations With No Safety Incidents CGX Energy Inc. and Frontera Energy Corp. , the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana , are excited to announce today that the Joint Venture has discovered [...]
Frontera Energy Corp. announces that it has joined the One Trillion Trees movement launched by the World Economic Forum in Davos, Switzerland, in January 2020, with the global goal of conserving, restoring and growing one trillion trees by 2030. It is estimated that six trillion trees covered the planet. Now only half remain and an additional 15 billion trees are lost annually. In order to contribute to solving this [...]
71 Feet of Net Oil Pay Discovered in Secondary Targets in the Maastrichtian and Campanian Testing of Primary Targets in the Santonian has Commenced Frontera Energy Corp. announced today that the joint venture with CGX Energy Inc. has successfully reached total depth of 20,450' on the Wei-1BP1 . The original Wei-1 wellbore reached a depth of 19,142'. A bypass well was drilled from 18,757' to total depth and penetrated the [...]
Frontera Achieved 102% Of Its 2022 ESG Goals 2023 Environmental, Social, and Governance Targets Announced Positively Impacted More Than 73,100 People Developing 218 Social Projects Advanced Its First Photovoltaic Power Project At Its CPE-6 Block In Colombia To Reduce Energy Use, Costs, and Carbon Emissions Commissioning The SAARA Pilot Project, A Water Reuse And Purification System Within A Circular Economy Framework [...]
Frontera Energy Corp. is pleased to announce the results from its 2023 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 March 30, 2023. The total number of shares represented by shareholders present in person or by proxy at the Meeting was 60,340,410, representing [...]
Recorded a Net Loss of $11.3 Million Generated Operating EBITDA of $91.9 Million Delivered 41,586 Boe/d Q1 Average Daily Production, 41,800 Boe/d YTD Average Daily Production, 42,500 Boe/d March and April 2023 Average Daily Production Generated $16.9 Million of Income and Adjusted Midstream EBITDA of $28.2 Million From Standalone and Growing Midstream Business Drilled Wei-1 Well to 19,142 Feet Measured Depth, Encountered [...]
Frontera Energy Corp. announces that its first quarter 2023 results will be released after markets close on Wednesday, May 3, 2023. A conference call for investors and analysts will be held on Thursday, May 4, 2023 at 11:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer, René Burgos, Chief Financial Officer and other members of [...]
Frontera Energy Corp. announces today that it has designated Frontera Energy Guyana Holding Ltd. and Frontera Energy Guyana Corp. as unrestricted subsidiaries and released Frontera Guyana as a note guarantor under the indenture governing the Company's outstanding US$400 million unsecured notes due in June 2028 . This designation is consistent with the Company's focus on maximizing value and better aligns Frontera's 3 core [...]
+34,51 %
-40,00 %
