Frontera Energy Corporation (TSX:FEC) agreed to acquire minority stake of 35% in El Dificil block from PCR Investments S.A., for $13 million on December 30, 2021. As of December 30, 2021, Frontera Energy Corporation already owns 65% stake in El Dificil block through Petroleos Sud Americanos S.A.. The transaction is subject to customary closing conditions and approval of the transaction by the Agencia Nacional de Hidrocarburos and is expected to close in the second half of 2022.
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5-day change | 1st Jan Change | ||
8.71 CAD | +6.61% | +3.20% | +9.28% |
Mar. 08 | Transcript : Frontera Energy Corporation, Q4 2023 Earnings Call, Mar 08, 2024 | |
Mar. 08 | Frontera Reports Lower EPS YOY In Q4 2023; Initiates Quarterly Dividend | MT |
Chiffre d''affaires - Rate of surprise
1st Jan change | Capi. | |
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+9.28% | 539M | |
+9.18% | 301B | |
+11.86% | 152B | |
+44.00% | 116B | |
+21.25% | 82.55B | |
+11.47% | 77.54B | |
+22.31% | 64.3B | |
+12.86% | 59.74B | |
+8.87% | 48.19B | |
+31.78% | 36.47B |
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- Frontera Energy Corporation agreed to acquire El Dificil block from PCR Investments S.A., for $13 million.