Frontera Energy: Finally Some Recovery

2026-01-31 07:07:56 ET

Frontera Energy ( FECCF ) announced the sale of the Colombia upstream business that will raise up to $400 million. Of that amount, there is a $25 million contingent payment. The company will keep the infrastructure business that it was going to spin off in an earlier announcement. The first article that I wrote on this company was rated a hold back then until I became alarmed as events unfolded. By the time the last article was written the stock price was down considerably from that initial (roughly) C$12 price back in 2023....

Read the full article on Seeking Alpha

For further details see: