EAI brief: Frontera to accept $525mn superior Parex offer

BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 10.Mar.2026, Words: 135) — Frontera Energy Corporation received notice from GeoPark Limited that it will not exercise its right to match the binding offer received from Parex Resources Inc. 

Frontera had determined Parex’s offer to be a “superior proposal” to the existing GeoPark transaction, as previously announced on 5 Mar. 2026.