Frontera Energy Corp.

Frontera Energy Corp. , the majority shareholder of CGX Energy Inc. and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana will deliver an informational virtual presentation on the Guyana-Suriname basin, the offshore Corentyne block and the Kawa-1 well objectives. Senior technical members will host the virtual presentation on October 22, 2021 from 10:00 [...]

Parties Remain Confident of the Merits of the Conciliation Agreement Frontera Energy Corp. , Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. separately announced today that they have agreed to extend the deadline for the approval of the Conciliation Agreement between Frontera, CENIT and Bicentenario from September 30, 2021 to October 29, 2021. On March 24, 2021, the [...]

Frontera Energy to Provide Anchor Support to $58 Million CGX Rights Offering Frontera to Provide Backstop to Guarantee Successful CGX Energy Rights Offering While Providing Equal Opportunity to Participate For All Shareholders Frontera Energy Announces $20 Million Rights Offering Bridge Loan Agreement With CGX Energy Frontera Energy Corp. , the majority shareholder of CGX Energy Inc. and joint venture partner in the [...]

Kawa-1 is Expected to Reach Total Depth in the First Half of December 2021 Option Exercised With Maersk to Drill a Second Well Frontera Energy Corp. today announced the spudding of the Kawa-1 exploration well, offshore Guyana. CGX Energy Inc. , Frontera majority-owned subsidiary, and its joint venture partner in the Demerara and Corentyne blocks, also separately announced an update on spud of the Kawa-1 well [...]

PRODUCTION AVERAGED 35,682 BOE/D, EXPECT 2021 EXIT RATE OF OVER 40,000 $87.4 MILLION, UP 84% COMPARED TO Q1 OPERATING EBITDA WAS $84.8 MILLION, UP 23% COMPARED TO Q1 GUYANA PROSPECT KAWA-1 2021 TORONTO, Aug. 11, 2021 /CNW/ - Frontera Energy Corp. today reported financial and operational results for the second quarter ended June 30, 2021. All financial amounts in this news release are in United States dollars, unless [...]

Frontera Energy Corp. announced today that its second quarter 2021 results will be released after markets close on Wednesday, August 11, 2021. A conference call for investors and analysts will be held on Thursday, August 12, 2021 at 10:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the Board of Directors, Orlando Cabrales, Chief Executive Officer, Alejandro Piñeros, Chief Financial Officer [...]

REVISES PRODUCTION GUIDANCE TO 37,500-39,500 $325-$375 MILLION Frontera Energy Corp. today announced its expected second quarter production results and updated its production guidance for 2021. All values in this news release are in United States dollars, unless otherwise noted. Second Quarter and First Half 2021 Production Update Frontera expects its second quarter 2021 production will average approximately 35,700 boe/d [...]

Frontera Energy Corp. , the majority shareholder of CGX Energy Inc. and joint venture partner in the Petroleum Prospecting Licenses for the Corentyne and Demerara blocks offshore Guyana , announced today, an update on the activities related to the Corentyne block. Exploration: The Kawa-1 well, the Joint Venture's commitment well on the Corentyne block, is expected to be spud between August 1-15 and reach total depth in [...]

Frontera Energy Corp. , announced today that it completed its offering of U.S.$400 million in senior unsecured notes due 2028 at a coupon rate of 7.875% pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended . Certain proceeds from the offering were used to repurchase, at a premium, the Company's U.S.$350 million 9.7% senior secured notes due 2023 pursuant to a tender offer. The remaining [...]

Frontera Energy Corp. today announced that it had received, as of 5:00 p.m. Eastern time, on June 18, 2021, tenders and consents from holders of U.S.$286,599,000 of the aggregate principal amount) of its outstanding 9.700% Senior Notes due 2023, pursuant to its previously announced cash tender offer and consent solicitation made upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent [...]