MONTERREY, MEXICO (By editors with Energy Analytics Institute, 1.Jun.2026, Words: 334) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Frontera Energy Corporation, ECOPETROL, and the Bolivian Highway Authority (ABC), among others. Energy Analytics Institute […]
Tag: Frontera Energy Corporation
Guyana Issues Statement Regarding Corentyne Block License with CGX and Frontera
PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 11.Feb.2025) — The government of Guyana has informed joint venture (JV) partners CGX Energy Inc. and Frontera Energy Corporation that “there are no reasonable grounds to grant any extensions to the joint venture in respect of its appraisal or exploration obligations under […]
Frontera Announces Annual Meeting Results
(Frontera, 23.May.2024) — Frontera Energy Corporation (TSX: FEC) announced the results from its 2024 annual meeting of shareholders held today (the “Meeting”). ELECTION OF DIRECTORS Shareholders elected each of the nominees proposed by management as set forth in the management information circular of the company dated 4 Apr. 2024. The total number […]
Frontera on 1Q:24 Conference Call
(Frontera, 30.Apr.2024) — Frontera Energy Corporation (TSX: FEC) will release its financial and operational results for the first quarter ended 31 Mar. 2024, after markets close on 8 May 2024. A conference call for investors and analysts will be held on 9 May 2024, at 2:30 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman […]
Frontera Reveals 4Q:23 and YE:23 Results
(Frontera, 7.Mar.2024) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the fourth quarter and year ended 31 Dec. 2023, and announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton Corp (D&M). All financial amounts in this news release and the company’s financial […]
EAI’s NRGBriefs for Feb. 2024: Guyana, Mexico, Uruguay and Venezuela
HOUSTON, TEXAS (By editors with Energy Analytics Institute, 29.Feb.2024, Words: 3,790) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and CNOOC considering their pre-emption rights to Hess Corp.’s stake in the offshore Stabroek Block; increases in electricity for the majority […]
Frontera Announces 2024 Capital and Production Guidance
(Frontera, 15.Feb.2024) — Frontera Energy Corporation (TSX: FEC) announced its full year 2024 capital and production guidance, provides an update on its estimated fourth quarter 2023 and full year average daily production and provides and update on shareholder value initiatives, including the initiation of a quarterly dividend of CAD $0.0625 […]
CGX and Frontera on Guyana-Suriname Basin
(CGX, 4.Dec.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that on 11 Dec. 2023, at 10 am ET, senior operational and technical team members will host a virtual informational presentation on […]
Frontera Announces Initiation of Normal Course Issuer Bid
(Frontera, 16.Nov.2023) — Frontera Energy Corporation (TSX: FEC) announces that the Toronto Stock Exchange (TSX) has accepted its notice to initiate a normal course issuer bid (NCIB) for its common shares. Pursuant to the NCIB, Frontera may purchase up to 3,949,454 Common Shares during the 12-month period commencing 21 Nov. 2023, […]
Frontera Updates on Colombia and Guyana
(Frontera, 9.Nov.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the third quarter ended 30 Sep. 2023. All financial amounts in this news release are in United States dollars, unless otherwise stated. Gabriel de Alba, Chairman of the Board of Directors, commented: “Frontera’s three core businesses continue to deliver […]
CGX and Frontera Report Find Offshore Guyana
(Frontera, 9.Nov.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, are pleased to announce today the discovery of a total of 114 feet (35 meters) […]
Frontera on 3Q:23 Financial Results and Conf. Call
(Frontera, 19.Oct.2023) — Frontera Energy Corporation (TSX: FEC) announces that its third quarter 2023 results will be released after markets close on Thursday, 9 November 2023. A conference call for investors and analysts will be held on Friday, 10 November 2023, at 10:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of […]
Frontera Energy on 2Q:23 Financial Results, Conference Call
(Frontera, 31.Jul.2023) — Frontera Energy Corporation (TSX: FEC) announces that its second quarter 2023 results will be released after markets close on Thursday, 10 August 2023. A conference call for investors and analysts will be held on Friday, 11 August 2023, at 11:00 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of […]
CGX and Frontera Find 210 Feet of Hydrocarbon-Bearing Sands in Guyana
(Frontera, 28.Jun.2023) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), 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 oil at the Wei-1 […]
Frontera to Conserve, Restore and Grow 1 Trillion Trees by 2030
(Frontera, 15.Jun.2023) — Frontera Energy Corporation (TSX: FEC) has joined the One Trillion Trees (1t.org) 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 […]
Frontera Reveals 1Q:23 Results
(Frontera, 3.May.2023) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended March 31, 2023. All financial amounts in this news release are in United States dollars unless otherwise stated. Gabriel de Alba, Chairman of the Board of Directors, commented: “Frontera’s first quarter results were in-line with […]
Frontera on 1Q:23 Results and Webcast Dates
(Frontera, 19.Apr.2023) — Frontera Energy Corporation (TSX: FEC) announces that its first quarter 2023 results will be released after markets close on Wednesday 3 May 2023. A conference call for investors and analysts will be held on Thursday, 4 May 2023 at 11 a.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of the […]
Frontera Refinances Existing Puerto BahĂa Debt, Enters Into Credit Agreement
(Frontera, 27.Mar.2023) — Frontera Energy Corporation (TSX: FEC) announces that Frontera’s wholly-owned subsidiary, Pipeline Investment Limited (PIL), which owns a 35% equity interest in Oleoducto de los Llanos Orientales S.A. (ODL), and Macquarie Group (the “Lender”) have entered into a credit agreement through which the Lender will provide a $120mn loan […]
Frontera Announces 2022 Year End Reserves
(Frontera, 22.Feb.2023 — Frontera Energy Corporation (TSX: FEC) today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (“D&M“). All dollar amounts in this news release and the company’s financial disclosures are in United States dollars, unless otherwise noted. All of the company’s booked reserves for the year […]
Frontera Provides Notice of 4Q:22 Financial Results, Conference Call
(Frontera, 15.Feb.2023) — Frontera Energy Corporation (TSX: FEC) announced that its fourth quarter 2022 results will be released after markets close on Wednesday, 1 March 2023. A conference call for investors and analysts will be held on Thursday, 2 March 2023, at 1 p.m. Eastern Time. Participants will include Gabriel de Alba, Chairman of […]
Ecopetrol, Frontera, Hocol, Tecpetrol and Cepsa on Blockades In Meta, Colombia
(Frontera, 6.Feb.2023) — Frontera Energy Corporation (TSX: FEC), Ecopetrol, Hocol, Tecpetrol and Cepsa, hydrocarbon companies that operate in Puerto Gaitán (Meta Department), express their deep concern about the serious social and economic consequences resulting from the blockade of the road that leads from Puerto Gaitán to the Rubiales village, which […]
Frontera Announces 2023 Capital And Production Guidance
(Frontera, 1.Feb.2023) — Frontera Energy Corporation (TSX: FEC) announces its full year 2023 capital and production guidance and provides an update on its normal course issuer bid (“NCIB“), its 2023 hedging program and its estimated fourth quarter and 2022 full year average daily production. All values in this news release […]
Frontera Included in the 2023 Bloomberg Gender Equality Index GEI
(Frontera, 31.Jan.2023) — Frontera Energy Corporation (TSX: FEC) announces that it joins 483 other companies as a member of the 2023 Bloomberg Gender-Equality Index (“GEI”), a modified market capitalization-weighted index developed to gauge the performance of public companies dedicated to reporting gender-related data. This reference index measures gender equality across […]
CGX and Frontera Spud Wei-1 Offshore Guyana
(CGX Energy, 23.Jan.2023) — CGX Energy Inc. (TSXV: OYL) operator and joint venture partner with Frontera Energy Corporation in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced the spud of the Wei-1 well, on the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana. The Joint Venture […]
Frontera and CGX to Spud Wei-1 Offshore Guyana by Jan. 2023
(Frontera, 28.Nov.2022) — Frontera Energy Corporation (TSX: FEC) and CGX Energy Inc. (TSXV: OYL), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announce its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which […]
Frontera to Host Investor Open House on 15 Nov. 2022
(Frontera, 15.Nov.2022) — Frontera Energy Corporation (TSX: FEC) will host an Investor Open House for analysts, investors, shareholders and bondholders today from 9:30 a.m. to 5:00 p.m. Col time, Frontera at its office at Calle 110 N° 9 – 25 Piso 16, Bogotá, Colombia. Members of Frontera’s executive team will provide in-depth presentations and […]
CGX and Frontera Extend JOA Amendment Agreements to 30 Nov. 2022
(CGX, 3.Oct.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announce that the parties have agreed to (i) extend the maturity date of the previously announced $19mn convertible loan to CGX dated […]
![NRGBriefs: Hess’ Sustainability Report; Frontera Earnings [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2022/07/sustainability-reports-source-hess.jpg)
NRGBriefs: Hess’ Sustainability Report; Frontera Earnings [PDF Download]
(Energy Analytics Institute, 25.Jul.2022) — Energy briefs including Hess Corporation (NYSE: HES) announcing publication of its annual sustainability report; and Frontera Energy Corporation (TSX: FEC) revealing that its 2Q:22 results will be released after markets close on Tuesday 9 August 2022. NORTH AMERICA US — Hess Corporation (NYSE: HES) announced publication of […]
Frontera Extends Substantial Issuer Bid to 8 Aug.
(Frontera, 25.Jul.2022) — Frontera Energy Corporation (TSX: FEC) has extended the expiry time of its offer to purchase from shareholders up to $65mn (equivalent to US$50mn) of its outstanding common shares (the “Shares”) for cancellation from 11:59 p.m. (Eastern time) on 29 July 2022 to 11:59 p.m. (Eastern time) on 8 August 2022, unless the offer […]
CGX and Frontera Secure Funding for the Wei-1 Exploration Well Offshore Guyana
(CGX, 22.Jul.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announces today that the companies have entered into an agreement to amend the Joint Operating Agreement originally signed between CGX and a […]
Frontera Provides Update on Exploration Block Offshore Guyana
(Frontera, 16.Jun.2022) — Frontera Energy Corporation (TSX: FEC), joint venture partner with CGX Energy Inc. (TSXV: OYL) in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that, following constructive discussions with the government of Guyana, the joint venture will focus exclusively on the exploration opportunities in the Corentyne […]
Frontera Reveals CFO Transition, Changes To Committee Membership
(Frontera, 3.Jun.2022) — Frontera Energy Corporation (TSX: FEC) announced today that Mr. RenĂ© Burgos DĂaz, who was until today a director of the company, has been appointed the Chief Financial Officer of the company effective June 3, 2022. He replaces Mr. Alejandro Piñeros, who is stepping down as Chief Financial Officer […]
Frontera Added To The S&P/TSX SmallCap Index
(Frontera, 1.Jun.2022) — Frontera Energy Corporation (TSX: FEC) has been added to the S&P/TSX SmallCap Index and the MSCI Global Small Cap Indexes under the MSCI Canada Small Cap Index. Inclusion in these indexes can potentially broaden participation in a company’s investor base by enabling investment from index funds and […]
NRGBriefs: Ecopetrol’s and Oxy’s Caribbean Deep-Water Deal
(Energy Analytics Institute, 18.Apr.2022) — Energy briefs including Colombia’s state-owned Ecopetrol and US-based Occidental announcing plans to jointly participate in exploration activities in four blocks in the deep-waters offshore Colombia’s Caribbean coast; Frontera Energy releasing its 2021 sustainability report; and PetroChina establishing an effective ESG management mechanism. LATIN AMERICA AND […]
Frontera Announces Annual and Special Meeting Results
(Frontera, 18.May.2022) — Frontera Energy Corporation (TSX: FEC) announced results from its 2022 annual and special 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 5 April 2022. The total […]
Frontera Releases Sustainability Report
(Frontera, 18.May.2022) — Frontera Energy Corporation (TSX: FEC) released its 2021 Sustainability Report, announced its 2022 environmental, social and governance (ESG) targets and reaffirmed its commitment to continue to develop and implement meaningful actions to strengthen its ESG performance across its business. Orlando Cabrales, Chief Executive Officer, Frontera commented: “I am […]
NRGBriefs: CGX, Frontera on Guyana; Barkindo’s OPEC Wind-down
(Energy Analytics Institute, 9.May.2022) — Energy briefs including CGX and Frontera executives briefing the media on the Kawa-1 and Wei-1 exploration wells offshore Guyana; and OPEC Secretary General Mohammad Barkindo (from Nigeria) preparing to step down from his leadership post at the organization in August 2022. LATIN AMERICA AND CARIBBEAN […]
CGX and Frontera Find Light Oil and Gas Condensate at Kawa-1
(Frontera, 9.May.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced integrated results from the Kawa-1 exploration well, offshore Guyana. The Kawa-1 well was drilled in water depth of approximately 355 meters (1,174 ft) […]
Frontera Reports 1Q:22 Net Income of $102.2mn
(Frontera, 3.May.2022) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the first quarter ended 31 March 2022. All financial amounts in this news release are in United States dollars, unless otherwise stated. Gabriel de Alba, Chairman of the Board of Directors, commented: “Frontera continued to deliver strong performance results […]
Frontera Finds 27.2 Degree API Light Oil At The Tui-1 Well In Ecuador
(Frontera, 24.Mar.2022) — Frontera Energy Corporation (TSX: FEC) has discovered 27.2 degree API light crude oil at the Tui-1 exploration well on the Perico block (Frontera 50% W.I. and operator) in Ecuador. Orlando Cabrales, Chief Executive Officer of Frontera, commented: “We are excited to announce a second consecutive light crude oil […]
Frontera Reveals Renewal of its Normal Course Issuer Bid
(Frontera, 15.Mar.2022) — Frontera Energy Corporation (TSX: FEC) announces that the Toronto Stock Exchange (the “TSX”) has accepted its notice to initiate a normal course issuer bid (the “NCIB”) for its common shares, upon the expiry of its current normal course issuer bid on 16 March 2022. Pursuant to the NCIB, […]
CGX and Frontera Announce $35mn Loan Deal to Support Guyana Costs
(Frontera, 10.Mar.2022) — Frontera Energy Corporation (TSX: FEC) and CGX Energy Inc. (TSXV: OYL), joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced today that they have entered into a financing agreement for a U.S. $35mn loan that will enable CGX to continue to finance part of its […]
NRGBriefs: YPF’s 4Q:21 and FY:21 Webcast; Citgo Sales Process Moving Forward
(Energy Analytics Institute, 2.Mar.2022) — Energy briefs including Frontera spudding its first exploration well in the Espejo Block in Ecuador; Argentina’s YPF holding its 4Q:21 and FY:21 webcast to discuss financial and operational results; Exxon updating on its operations offshore Guyana during its virtual Investor Day 2022 webcast [PDF download]; […]
Frontera Announces 4Q:21 and YE:21 Results
(Frontera, 2.Mar.2022) — Frontera Energy Corporation (TSX: FEC) reported financial and operational results for the fourth quarter ended 31 December 2021. All financial amounts in this news release are in United States dollars, unless otherwise stated. Gabriel de Alba, Chairman of the Board of Directors, commented: “Frontera continues to deliver on its strategic, […]
NRGBriefs: Frontera Sets Guyana Exploration CAPEX at $110-$130mn
(Energy Analytics Institute, 16.Feb.2022) — Energy briefs including Frontera Energy anticipating Guyana exploration CAPEX of $110-$130mn in 2022 and CGX Energy anticipating further investments of $5-$10mn for the Berbice Deepwater Port Project; Kootenay Silver saying JV operator Aztec Minerals Corp. reported a broad, high grade, gold intercept in the first RC drill hole […]
Frontera Announces CAPEX and Production Guidance for 2022
(Frontera, 16.Feb.2022) — Frontera Energy Corporation (TSX: FEC) announced its full year 2022 capital and production guidance, provided an update on its normal course issuer bid (“NCIB”) and provided notice of its year end 2021 financial results and conference call. All values in this news release and the Company’s financial […]
Frontera Reveals YE:21 Reserves
(Frontera, 16.Feb.2022) — Frontera Energy Corporation (TSX: FEC) announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (D&M). All dollar amounts in this news release and the Company’s financial disclosures are in United States dollars, unless otherwise noted. All of the Company’s booked reserves for the year […]
GX Energy and Frontera JV to Focus on Corentyne Block in 2022
(CGX Energy, 14.Feb.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX, announced that, as a result of the initial positive results at the Kawa-1 exploration well, the joint venture will focus on the significant exploration […]
Frontera and CGX Find Oil at Kawa-1 Well Offshore Guyana
(Frontera, 31.Jan.2022) — CGX Energy Inc. (TSXV: OYL) and Frontera Energy Corporation (TSX: FEC), the majority shareholder of CGX and joint venture partner of CGX in the Petroleum Prospecting License for the Corentyne block offshore Guyana, announced that the Joint Venture has made a discovery at the Kawa-1 well, in the Corentyne Block. Gabriel de Alba, Chairman of Frontera’s Board of Directors and Co-Chairman […]
NRGBriefs: De Novo Prepares Zandolie’s Subsea Structure
(Energy Analytics Institute, 31.Jan.2022) — Energy briefs including EP PetroEcuador and Abastecedora Ecuatoriana de Combustibles S.A. (ABASTIBLES S.A.) signing a petroleum products contract; shares of Frontera Energy and CGX Energy halting on rumors of a find offshore Guyana at the Kawa well; and DeNovo’s Zandolie subsea structure being readied for […]