FECCF - Frontera Energy: Guyana Could Be A Game Changer
- Trading at a discount to top performing peers, the shares of Frontera at current levels are well backstopped by asset value from existing producing operations.
- Through its 33.3% interest in the Corentyne and Demerara blocks, offshore Guyana, Frontera has direct exposure to one of the hottest basins in the world.
- The company also owns 72.48% of CGX Energy, Inc. which enhances upside on the Corentyne and Demerara blocks to more than 80% and gives exposure to an interesting infrastructure play.
- Success in Guyana could multiply the value of Frontera shares and reinvigorate a company that has struggled in recent years.
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Frontera Energy: Guyana Could Be A Game Changer