Fitch Ratings believes Frontera Energy's (TSX: FEC) cost cutting initiative and reduction in production volumes are positive developments to preserve the company's strong liquidity position.
Petroleum producer Frontera Energy (TSX:FEC)has announced an increase in production to 65,560 barrels of oil per day , equivalent in the first quarter of 2019, up 4% from the same quarter last year. The Canada based company with operations in Colombia attributes the increase to...