Cenit Transporte y Log?stica de Hidrocarburos S.A.S. agreed to acquire additional 43.03% stake in oleoducto bicentenario de colombia s.a.s from Frontera Energy Corporation (TSX:FEC) on November 17, 2020. Transaction was signed to resolve all the disputes pending. Transaction is subject to approval by the competent Colombian court, regulatory approvals, opinion from the Attorney General?s Office (Procuradur?a General de la Naci?n) and approval of the Administrative Tribunal of Cundinamarca. As on November 1, 2021, Colombian judicial branch reported that the Administrative Tribunal of Cundinamarca had approved the conciliation agreement between Frontera, Cenit Transporte y Log?stica de Hidrocarburos S.A.S. and Oleoducto Bicentenario de Colombia S.A.S. Formalities are required in order for the mentioned decision to be in full force and effect. Consequently, the parties agreed to extend the deadline until November 30, 2021 to allow for the formalities to be completed. Cenit Transporte y Log?stica de Hidrocarburos S.A.S. completed the acquisition of additional 43.03% stake in Oleoducto Bicentenario de Colombia S.A.S. from Frontera Energy Corporation (TSX:FEC) on November 11, 2021.