BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 4.May.2026, Words: 164) — The Supreme Court of British Columbia approving the previously announced plan of arrangement pursuant to which Parex Resources Inc., through its wholly-owned subsidiary, Parex AcquisitionCo Inc., will acquire all of Frontera Energy Corporation‘s Colombian upstream business consisting of Frontera’s oil and gas exploration and production assets in Colombia, its reverse osmosis water treatment facility and its palm oil plantation.
The granting of the final order was a condition to the completion of the arrangement.
