(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces a conference call for investors and analysts will be held on Friday, August 2, 2019 at 8:00 a.m. (MDT), 9:00 a.m. (GMT-5) and 10:00 a.m. (EDT). Participants will include Gabriel de Alba, Chairman of the Board of Directors, Richard Herbert, Chief Executive Officer, […]
Tag: Frontera Energy Corporation
Frontera Announces Regular And Special Dividends
(Frontera, 1.Aug.2019) — Frontera Energy Corporation announces that its board of directors has declared a regular dividend of C$0.205 per common share and a special dividend of C$0.535. The special dividend will be paid on or about August 23, 2019 to shareholders of record at the close of business on […]
Frontera Expands Colombian Exploration Acreage
(Frontera, 16.Jul.2019) — Frontera Energy Corporation announces the award of the VIM-22 block in addition to LLA-99 block which was previously announced on June 27, 2019 under the successful Agencia Nacional de Hidrocarburos (“ANH”) bid round. Definitive award documentation will be entered into later this month. Block Gross Acres Operator […]
Frontera Announces 2Q:19 Peru And Colombia Update
(Frontera, 3.Jul.2019) — Frontera Energy announces a second quarter 2019 operational update. All values in this news release and the Company’s financial disclosures are in United States dollars, unless otherwise noted. Second Quarter Production and Average Oil Prices Frontera delivered estimated second quarter 2019 production of 74,285 boe/d, representing quarterly […]
ANH Colombia Says 10 Oil Blocks Have Been Allocated
(ANH Colombia, 26.Jun.2019) — At the end of the Counteroffer Hearing of the first auction of the PPAA, held today, the National Hydrocarbons Agency (ANH) confirmed the allocation of 10 blocks, out of the 11 that were in dispute, and received a counteroffer from Frontera Energy Colombia Ltd. for the […]
Colombia Grants Contracts For 10 Blocks, One Pending
(Reuters, 26.Jun.2019) — Colombia accepted bids from six companies for 10 oil contracts on Wednesday, after just one block received a counter-offer during a bidding process meant to revitalize its long-stagnant oil sector. Hocol SA, Parex Resources Inc, Ecopetrol SA , Gran Tierra Energy Inc, Frontera Energy Corp and a […]
ANH Reveals Details Of Initial 11 PPAA Proposals
(ANH Colombia, 14.Jun.2019) — Colombia’s National Hydrocarbons Agency (ANH) reveals the initial proposals of the seven individual companies and the consortium that start the bid to stay with 11 area in the first cut of the Permanent Process of Area Allocation (PPAA) of 2019. After the process of validation of […]
Seven Companies Bid For 11 Contracts In Colombia Oil Auction
(Reuters, 4.Jun.2019) — Seven companies have put in bids for 11 oil exploration contracts in Colombia, the government said on Tuesday, as the Andean country seeks to revitalize its oil sector. Frontera Energy, Geopark, Ecopetrol , Hocol, Parex Resources, Gran Tierra Energy and ONGC Videsh have put in a total […]
Frontera Energy Corporation BODs Declares Dividend
(Frontera, 30.May.2019) — Frontera Energy Corporation’s board of directors has declared a dividend of C$0.205 per common share, which will be paid on or about July 17, 2019 to shareholders of record at the close of business on July 3, 2019. The Company’s board of directors has also amended its […]
CGX Energy And Frontera Energy Receive Approval Of Strategic JV From Guyana
(CGX, 3.May.2019) — CGX Energy Inc. and Frontera Energy Corporation announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks. Under the terms of the farm-in joint […]
Peru Gives Tullow Oil Another Shot At Exploration
(Argus, 1.May.2019) — Peru reapproved a contract for UK-listed Tullow Oil to explore shallow-water block Z-64. This is Tullow’s second chance with the block, nearly a year after its original contract was cancelled. The 54,000-hectare block lies off the northern coastal department of Tumbes, where Canadian independent Frontera Energy operates […]
LatAmNRG Frontera briefs: Ralph Coffman, NorPeruano, Intracampos bid
HOUSTON, TEXAS (By Piero Stewart, Energy Analytics Institute, 11.Apr.2019, Words: 314) — Heard on the street and LatAmNRG briefs related to Frontera Energy Corporation and its operations in Colombia, Peru, Guyana and Ecuador. Ralph Coffman Expected To Spud Offshore Guyana In 3Q:19 (Frontera, 11.Apr.2019) — Frontera says a definitive rig […]
Frontera Announces 1Q:19 Update On Colombia, Peru, Guyana, and Ecuador
(Frontera, 11.Apr.2019) — Frontera Energy Corporation announces a first quarter 2019 operational update. All values in this news release and the company’s financial disclosures are in United States dollars, unless otherwise noted. Richard Herbert, Chief Executive Officer of Frontera, commented: “2019 is off to a strong start for Frontera, with […]
Frontera Announces Shareholder Value Enhancement Initiatives
(Frontera Energy, 6.Dec.2018) — Frontera Energy Corporation announced full year 2019 plan and guidance information. All values in this news release and the company’s financial disclosures are in United States dollars, unless otherwise noted. Gabriel de Alba, Chairman of the Board of Directors, said: “Frontera’s 2019 plan delivers on the […]
Frontera Energy Announces Dividend
(Frontera Energy, 6.Dec.2018) — Frontera Energy Corporation announced that its board of directors has declared dividend of C$0.33 per common share, which will be paid in cash on January 17, 2019 to shareholders of record at the close of business on January 3, 2019. The dividend is designated as an […]
Frontera Starts To Shut Down Production At Block 192 In Peru
(Frontera Energy, 3.Dec.2018) — Frontera Energy Corporation announces an update on Block 192 in Peru. On November 30, 2018, the company was notified by Petroperú S.A., the operator of the NorPeruano pipeline, of a force majeure event affecting a portion of the pipeline as a result of an attack at […]
Frontera Energy Oil Operations In Peru Threatened By Pipe Rupture
(Reuters, Marco Aquino, 30.Nov.2018) — Canada’s Frontera Energy Corp could be forced to halt operations in Peru’s largest oil block if a key pipeline ruptured amid indigenous protests is not promptly repaired, state oil company Petroperu said on Friday. The pipeline, in a remote corner of Peru’s Amazon, was attacked […]
Frontera Sets Date For 3Q:18 Financial and Ops Update, Conference Call
(Frontera Energy, 26.Oct.2018) — Frontera Energy Corporation announces that its third quarter 2018 results will be released after market on Wednesday, November 7, 2018 followed by a conference call and webcast for investors and analysts on Thursday, November 8, 2018 at 8:00 a.m. (MST), 10:00 a.m. (EST, GMT-5). Participants will […]
IFC, Related Funds Exercise Rights Under the Pacific Midstream Limited Agreement
(Frontera Energy, 10.Oct.2018) — Frontera Energy Corporation announced the International Finance Corporation (IFC) and related funds have provided notice to the Company that they have exercised their right under the Pacific Midstream Limited (PML) shareholders agreement to receive without further payment additional shares in PML, as a result of certain […]
Frontera Energy Announces Exploration Discovery in Colombia
(Frontera Energy, 10.Oct.2018) — Frontera Energy Corporation announced a light oil discovery from its Acorazado-1 exploration well on the 100% owned and operated Llanos-25 block in Colombia. Frontera also provided an operational update highlighting current production, major project activities and details regarding the fourth quarter drilling campaign. Richard Herbert, Chief […]
Frontera Receives Global Compact Awards from UN
(Frontera Energy Corporation, 7.Sep.2018) — Frontera Energy Corporation has been named a Canadian Sustainable Development Goals award winner for the second consecutive year by the Global Compact Network Canada, the Canadian network of the United Nations Global Compact. Frontera was awarded the SDG Leadership Award in the large organizations category, […]
Frontera Resumes Production in Peru at Block 192
(Frontera Energy, 4.Sep.2018) — Repairs have been completed on the NorPeruano pipeline in Peru and it has now resumed normal operations, allowing Frontera Energy Corporation to restart production from Block 192. “We are pleased to see the resumption of service on the NorPeruano pipeline and the increase in production from […]
Frontera Confirms Discovery at Acorazado-1 Well in Colombia
(Energy Analytics Institute, Jared Yamin, 19.Aug.2018) – Canada’s Frontera Energy Corporation confirmed the presence of hydrocarbons in the Mirador reservoir in the Acorazado-1 exploration well in Colombia. The well is located on the 100% owned and operated Llanos 25 block onshore Colombia. As a result, the well is being cased […]
Frontera to Plug, Abandon Delfin Sur-1 Exploration Well
(Energy Analytics Institute, Jared Yamin, 18.Aug.2018) – Frontera Energy Corporation declared the Delfin Sur-1 exploration well offshore Peru non-commmercial. On August 12, 2018, the company completed drilling the well, located on the Z-1 block offshore. The well was drilled to a total measured depth of 7,228 feet in the Heath […]
Pacific Changes Name To Frontera Energy Corporation
(Pacific Rubiales, 12.Jun.2017) — Pacific Exploration & Production Corporation changed its corporate name to Frontera Energy Corporation to mark the beginning of a new era for the Company. The Company’s common shares are expected to commence trading on the Toronto Stock Exchange under the new name and ticker symbol TSX:FEC […]