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Frontera executes $750 million USD divestment of Colombian E&P assets, pivoting to infrastructure focus and LNG regasification venture with Ecopetrol.

New exploration and drilling in Colombia and Ecuador came alongside the Canadian company's large Guyana discovery this quarter.

Finance Colombia executive editor Loren Moss was able to sit down with Grupo Renovatio general manager Francisco Sanclemente in Bogotá to understand the renewable energy auction and what it means for the industry, and for all Colombians.

Frontera Energy Corporation (TSX: FEC) has announced that it was awarded the Llanos-99 block in Colombia following the successful Agencia Nacional de Hidrocarburos (ANH) bid round. This is the first new round of exploration licenses in Colombia in the past five years. The...

"This joint venture forms an important part of Frontera's plans to build growth for the future,” said Gabriel de Alba, chairman of the board of directors of Frontera Energy.

The find came at the Acorazado-1 exploration well and marked the Canadian oil company’s fourth discovery in 2018.

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.

From Pacific Rubiales to Pacific Exploration to Frontera Energy: Canadian oil company undergoes second rebrand in the past 22 months.

The financial distress resulted in the suspension of trading for Canacol's common shares across the exchanges where they were listed.

As of 2024, SierraCol reported free cash flow of $172 million and net debt of $511 million.