Frontera Energy Archives

Parex closes $500 million Frontera E&P acquisition in Colombia

June 1, 2026

(World Oil) — Parex Resources has completed its acquisition of the Colombian exploration and production assets of Frontera Energy, establishing the company as the largest independent oil and gas producer focused on Colombia. The transaction adds approximately 37,000 boed of production and expands Parex’s acreage position to more than 7.9 million acres, significantly increasing the company’s scale and reserve base across the

Parex makes $500 million bid for Frontera’s Colombia upstream assets

March 6, 2026

(World Oil) – Frontera Energy said it has received a binding offer from Parex Resources to acquire the company’s upstream oil and gas assets in Colombia, determining that the proposal constitutes a “superior proposal” to its previously announced agreement to sell the same assets to GeoPark. Under the Parex offer, the company would acquire Frontera’s Colombian exploration and production business for $500 million in cash at closing,

Frontera signs deal to supply crude oil to Chevron unit for up to $120 million

December 29, 2025

(BOE Report)– Frontera Energy’s Colombian unit has signed a prepayment and commercial agreement worth up to $120 million with a unit of U.S. oil major Chevron to supply crude oil over two years, the Canadian oil producer said on Monday. Under the deal, Frontera will receive an initial $80 million advance and supply a portion of its crude output to Chevron

Frontera to create standalone upstream company through Colombian infrastructure spin-off

November 14, 2025

(World Oil) – Frontera Energy Corp. plans to separate its Colombian infrastructure assets into a new independent company—Frontera Infrastructure—leaving Frontera Exploration & Production (E&P) as a focused, pure-play upstream operator. The restructuring, announced Nov. 13, is designed to unlock value from Frontera’s portfolio and sharpen the company’s competitive position in the oil and gas sector. The transaction is expected to close

Frontera Closes $350 Million Senior Unsecured Notes Offering

June 25, 2018

Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”), announced today that it completed its previously announced offering of U.S.$350 million in senior unsecured notes due 2023 at a coupon rate of 9.70% (the “Notes”). Richard Herbert, Chief Executive Officer of Frontera, commented: “With the closing of this offering, the Company is well-positioned to execute on its strategy of sustainable

Frontera Energy Announces Pricing of $350 Million Senior Unsecured Notes

June 21, 2018

Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”), announced today that it has successfully priced an offering of U.S.$350 million in senior unsecured notes due 2023 at a coupon rate of 9.70% (the “Notes”) pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended, (the “Act”), with closing expected to occur on or

Frontera Energy Exits 2017 with 71,015 BOEPD

January 23, 2018

Latin America-focused Frontera Energy Corporation (ticker: FEC) announced an exit rate production, after royalties and internal consumption, of 71,015 BOEPD as of December 31, 2017. According to a company statement, exit rate production included 8,240 bbl/d from Block 192 in Peru, which was above previous range expectations of 6,000 to 8,000 bbl/d. Company-wide average production in the fourth quarter was

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