Frontera Energy: Finally Some Recovery
Source: SeekingAlpha
2026-01-31 07:07:56 ET
Frontera Energy ( FECCF ) announced the sale of the Colombia upstream business that will raise up to $400 million. Of that amount, there is a $25 million contingent payment. The company will keep the infrastructure business that it was going to spin off in an earlier announcement. The first article that I wrote on this company was rated a hold back then until I became alarmed as events unfolded. By the time the last article was written the stock price was down considerably from that initial (roughly) C$12 price back in 2023....
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Frontera Energy: Finally Some Recovery
Frontera Energy Corporation
NASDAQ: FEC:CC
FEC:CC Trading
2.59% G/L:
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FEC:CC Latest News
March 10, 2026 11:42:00 pm
FRONTERA ANNOUNCES DEFINITIVE AGREEMENT WITH PAREX TO DIVEST ITS COLOMBIAN E&P ASSETS PORTFOLIO FOR A FIRM VALUE OF APPROXIMATELY $750 MILLION, INCLUDING $525 MILLION EQUITY CONSIDERATION
March 10, 2026 06:00:00 pm
Parex Resources Enters into a Definitive Agreement to Acquire Frontera Energy's Colombian E&P Assets
