Frontera Energy Corp.

78 2022 Frontera Energy Corp. today announced that it has discovered hydrocarbons at the Jandaya-1 exploration well on the Perico block in Ecuador. Orlando Cabrales, Chief Executive Officer of Frontera, commented: "We are pleased to announce a discovery at the Jandaya-1 exploration well. Jandaya-1 is Frontera's first operated well in Ecuador and the first well drilled on acreage awarded during Ecuador's 2019 Intracampos [...]

US$12-$15 FRONTERA'S TOTAL PRODUCTION BY APPROXIMATELY 1,800 BOE/D IN 2022 Frontera Energy Corp. announced today that it has entered into an agreement to acquire the 35% working interest in Colombia's El Dificil block held by PCR Investments S.A., a wholly owned subsidiary of Petroquímica Comodoro Rivadavia S.A. for a total aggregate cash consideration of approximately US$13 million. The PCR transaction is expected to [...]

ACQUISITION WILL GENERATE APPROXIMATELY US$8-$10 1,300 BOE/D IMMEDIATE PRODUCTION INCLUDING 5 VIM-1 FRONTERA SPUDS JANDAYA-1 VIM-46 Frontera Energy Corp. announced today that it has entered into an agreement to acquire 100% of the issued and outstanding shares in Petroleos Sud Americanos S.A. with operations in Colombia in El Dificil ), Entrerrios and Rio Meta Blocks. Assets to be acquired in the PetroSud and VIM-46 [...]

Frontera Energy Corp. , Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. separately announced today that the Administrative Tribunal of Cundinamarca approved the conciliation agreement between Frontera, CENIT, and Bicentenario and that they have concluded the final formalities of the settlement arrangement. The settlement arrangement is now finalized and in full force [...]

FULL-$360-$380 $38.5 MILLION AVERAGED 36,422 BOE/D, UP 2%, VIM-1 2021 EXIT RATE OF OVER 40,000 78% OF TOTAL KAWA-1 WELL FOOTAGE DRILLED JANDAYA-1 2021 Frontera Energy Corp. today reported financial and operational results for the third quarter ended September 30, 2021. All financial amounts in this news release are in United States dollars, unless otherwise stated. Third Quarter Operational and Financial Results: The [...]

FRONTERA NOW HOLDS 257,475,469 CGX COMMON SHARES Frontera Energy Corp. , the majority shareholder of CGX Energy Inc. announced today that it has acquired 45,083,314 CGX common shares in connection with a previously announced rights offering by CGX on September 24, 2021. The aggregate purchase price for the Common Shares was CAD$73,596,681 . As consideration for providing a standby commitment in connection with the Rights [...]

30, 2021 Frontera Energy Corp. announced today that the official webpage of the Colombian judicial branch reported that the Administrative Tribunal of Cundinamarca has approved the Conciliation Agreement between Frontera, Cenit Transporte y Logística de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. . Formalities are required in order for the mentioned decision to be in full force and effect [...]

Frontera Energy Corp. announced today that its third quarter 2021 results will be released after markets close on Wednesday, November 3, 2021. A conference call for investors and analysts will be held on Thursday, November 4, 2021 at 10:30 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 [...]

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 [...]