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Parex proposes $500m acquisition of Frontera’s Colombian assets
Combining both portfolios is expected to create the largest independent energy company focused on Colombia.
Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”) is today providing an update on the previously-announced unsolicited, non-binding proposal ...
Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces today that it acknowledges receipt from Parex Resources Inc. ("Parex") of an unsolicited proposal to acquire all of ...
Parex Resources has submitted a proposal to the board of directors of Frontera Energy Corp, backed by Catalyst Capital Group, to acquire the company’s Colombian upstream business.
On an overcast winter afternoon in McAllen, Texas, all six members of Grupo Frontera are huddled around an oversize white box, staring gleefully at its contents. They peel back the tissue paper ...
Canada's Parex, already one of the biggest independent oil-and-gas companies in Colombia, said it has submitted a proposal to Frontera's board to buy the operations for $500 million in cash, plus the ...
It's the fourth top 10 for Grupo Frontera, while Bad Bunny adds his 60th top 10, extending his record among all acts. By Pamela Bustios Sr. Charts & Data Analyst (Latin & Billboard Español) Grupo ...
Frontera trades at 3.8x FCF at $75/bbl and 2.6x at $80/bbl. Net debt stands at $320 million, nearly equal to market cap, raising breakeven to around $65/bbl. Infrastructure and Brent put hedges on 40% ...
FRONTERA RETAINS ITS INFRASTRUCTURE BUSINESS ANCHORED BY A STABLE DIVIDEND STREAM FROM ITS PARTICIPATION IN ODL AND ATTRACTIVE GROWTH PROFILE IN PUERTO BAHIA PROCEEDS FROM TRANSACTION TO DELIVER CASH ...
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