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Canada-based Frontera Energy Corporation (TSX: FEC) has announced a successful find of oil and gas in its La Belleza-1 well in their VIM-1 block, a joint venture with Parex Resources, Inc (TSX: PXT).

Frontera Energy Corporation (TSX: FEC) has delivered estimated third quarter 2019 production of 70,200 boe/d (barrels of oil equivalent per day) in-line with 2019 year to date production of 70,820 boe/d, both of which are above the high end of Frontera’s annual production...

Pacific Exploration expects to implement its restructuring plan, allowing it to come out of creditor protection, during the week of October 3.

The depressed global oil prices have not been kind to Pacific Rubiales, Colombia’s largest independent oil producer. Heavily staffed with refugees from Venezuela’s PDVSA, the company is finding it even more challenging to create shareholder value than its other petroleum sector...