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Frontera Energy Completes Consent Solicitation to Amend Indenture for 2023 Senior Notes

Frontera Energy said future moves "may include accelerating or increasing share buyback programs, dividend payments, and investments."
Posted On November 26, 2018
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oil drilling rig (Photo credit: ARMBRUSTERBIZ / Pixabay)
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Frontera Energy Discovers Oil at Acorazado-1 Exploration Well in Los Llanos

The find came at the Acorazado-1 exploration well and marked the Canadian oil company’s fourth discovery in 2018.
Posted On October 9, 2018
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gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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After Successful Exploratory Drilling, Frontera Energy to Begin Further Testing of Acorazado-1 Well in Los Llanos

The next step for the well will be to run and cement a liner in preparation for further testing, which is expected to take “several weeks,” said Frontera.
Posted On August 18, 2018
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Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Frontera Energy Expects to Issue $350 Million USD in Notes this Week

The Canadian oil company plans to buy back $250 million USD in previously issued notes, with the remainder going to “general corporate purposes."
Posted On June 24, 2018
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oil colombia minminas (Photo credit: Ministerio de Minas y Energía)
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Frontera Energy Closes on New $100 Million USD Credit Facility

Following an initial eight-month term, the credit facility is expected to be extended to two years “upon satisfaction of certain extension conditions."
Posted On May 22, 2018
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Crude oil production in Colombia energy and natural resources sector. (Credit: lalabell68 / Pixabay)
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Camilo McAllister Resigns as CFO of Frontera Energy Corporation

McAllister will remain in the position through March 9. Alejandro Piñeros will fulfill CFO responsibilities until a permanent replacement is appointed
Posted On February 19, 2018
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Frontera Energy Oil and Gas (Photo credit: generatorpowerproducts / Pixabay)
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Ongoing Recovery: Fitch Ratings Upgrades Frontera Energy’s Rating from B to B+

"The rating upgrade reflects Frontera's ability to stabilize its operational and financial performance," stated Fitch Ratings.
Posted On November 5, 2017
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gran tierra energy colombia oil colombian peso geopark Orinoquia Capital frontera energy pacific exploration and production
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Frontera Energy Sells Interest in Petroelectrica de los Llanos for $56 Million USD

Eléctricas de Medellín – Ingeniería y S.A.S is the buyer in a cash deal for what Frontera Energy called a “non-core asset.”
Posted On October 28, 2017
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Frontera Energy to Fully Acquire Pacific Midstream by Buying Up Outstanding Shares for $225 Million USD

The Frontera chairman called the move a “very strategic acquisition” that will support the firm’s push to reduce transportation costs.
Posted On October 16, 2017
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Pacific Exploration Changes Name to Frontera Energy Corporation

From Pacific Rubiales to Pacific Exploration to Frontera Energy: Canadian oil company undergoes second rebrand in the past 22 months.
Posted On June 12, 2017
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