Awarded ‘SDG Leadership Award’ and ‘Partnership Award’ related to its Outstanding Engagement with Indigenous Groups in Colombia and Peru

TORONTO, Sept. 7, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), is pleased to announce it has been named a Canadian Sustainable Development Goals award winner for the second consecutive year by the Global Compact Network Canada, the Canadian network of the United Nations Global Compact.

Frontera was awarded the SDG Leadership Award in the large organizations category, through public voting, for its outstanding efforts in adopting and implementing the United Nations Sustainable Development Goals in … Continue Reading

 Production Ramping Back Up to Over 8,600 Barrels of Oil Per Day

TORONTO, Sept. 4, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), today announced that repairs have been completed on the NorPeruano pipeline in Peru and it has now resumed normal operations, allowing the Company to restart production from Block 192.

On June 4, 2018, Petroperu S.A. (“Petroperu“) declared force majeure on the NorPeruano pipeline, which transports crude oil from Block 192 to the export terminal at Bayovar. Prior to the force majeure event, the Block was producing approximately 8,600 bbl/d net to … Continue Reading

Confirms Hydrocarbon Presence in Mirador Reservoir in Acorazado-1 Exploration Well (100% Working Interest)

Delfin Sur-1 Exploration Well Offshore Peru (49% Working Interest) Determined Non-Commercial

TORONTO, Aug. 17, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), today announced positive drilling results from the Acorazado-1 well located on the 100% owned and operated Llanos 25 block onshore Colombia. As a result, the well is being cased in preparation for testing.

The Acorazado-1 exploration well reached a total measured depth of 15,470 feet into the target formation where we recorded hydrocarbon shows in a Mirador Reservoir section … Continue Reading

Increased Operating EBITDA Guidance Driven by Strong Financial Results

TORONTO, Aug. 3, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces today the release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2018, together with its Management, Discussion and Analysis (“MD&A“). These documents will be posted on the Company’s website at www.fronteraenergy.ca and SEDAR at www.sedar.com. All values in this news release and the Company’s financial disclosures are in United States dollars unless otherwise stated.

SECOND QUARTER 2018 AND OTHER OPERATIONAL HIGHLIGHTS

Exploration and Development Update

Second Quarter 2018 Results Will Be Released After Market on Thursday, August 2, 2018,
Followed by a Conference Call and Webcast on Friday, August 3, 2018 at 10:00 A.M. EDT

TORONTO, July 19, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that its second quarter 2018 results will be released after market on Thursday, August 2, 2018 followed by a conference call and webcast for investors and analysts on Friday, August 3, 2018 at 8:00 a.m. (MDT), 9:00 a.m. (GMT-5) and 10:00 a.m. (EDT). Participants will include Gabriel de Alba… Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

TORONTO, July 13, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that the Toronto Stock Exchange (the “TSX“) has accepted its notice of intention to make a normal course issuer bid for its common shares (“Common Shares“). The notice provides that Frontera may purchase, during the twelve-month period commencing July 18, 2018 and ending July 17, 2019, up to 3,543,270 Common Shares, representing approximately 3.5% of the Company’s 100,011,664 issued and outstanding Common Shares as at July 9, 2018… Continue Reading

TORONTO, July 13, 2018 /CNW/ – Frontera Energy Corporation (TSX:FEC) (the “Company” or “Frontera“) today announced that it has reached the successful settlement of the Ocensa transportation arbitration concerning the P-135 Project and terminated its contractual commitment with Cenit Transporte y Logistica de Hidrocarburos S.A. (“CENIT”) to transport oil through the Caño Limón pipeline (“CLC”) and its contractual commitment with Oleoducto Bicentenario de Colombia S.A.S (“Bicentenario”) to transport oil through the Bicentenario pipeline (“BIC”).

Ocensa P-135 Project Arbitration
Frontera Energy Colombia Corporation Sucursal Colombia (“FECC”), Frontera’s Colombian operating branch, and Oleoducto Central S.A. (“Ocensa”) have reached a successful settlement … Continue Reading

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./

TORONTO, July 9, 2018 /CNW/ –  Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that it intends to implement a normal course issuer bid (“NCIB“) for its common shares (“Common Shares“). The NCIB will be made in accordance with the policies of the Toronto Stock Exchange (“TSX“) and the commencement of purchases under the NCIB is subject to approval of the TSX.

Under the NCIB, Frontera intends to purchase, during a 12 month period, up to 3,543,270 Common Shares, representing approximately 3.5% of … Continue Reading

TORONTO, July 9, 2018 /CNW/ – Frontera Energy Corporation (TSX:FEC) (the “Company” or “Frontera“) today announced that, effective July 6, 2018, it has terminated its agreement to purchase 36.36% of Pacific Midstream Limited (“PML“).

Frontera elected to terminate its share sale agreement with the International Finance Corporation and related funds (the “IFC“) to purchase the IFC’s 36.36% stake in PML (the “Share Sale Agreement“), which had an acquisition price of $225 million. As a result of the termination, the Company will be required to pay the IFC a $5 million break fee.

With the termination of the … Continue Reading

TORONTO, June 25, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), announced today that it completed its previously announced offering of U.S.$350 million in senior unsecured notes due 2023 at a coupon rate of 9.70% (the “Notes“) pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the “Act“). Certain proceeds from the offering were used to repurchase, at a premium, the Company’s U.S.$250 million 10.0% senior secured notes due 2021 pursuant to a tender offer. The remaining proceeds will be used for general corporate purposes.

This … Continue Reading

TORONTO, June 20, 2018 /CNW/ – Frontera Energy Corporation (TSX:FEC) (the “Company” or “Frontera“) today announced that it had received, as of 5:00 p.m. New York City time, on June 15, 2018 (the “Early Tender and Consent Date“), tenders and consents from holders of U.S.$250 million (or 100% of the aggregate principal amount) of its outstanding 10.0% Senior Secured Notes due 2021 (the “Notes“), pursuant to its previously announced cash tender offer and consent solicitation (the “Offer“) made upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated … Continue Reading

/NOT FOR DISSEMINATION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, June 20, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), announced today that it has successfully priced an offering of U.S.$350 million in senior unsecured notes due 2023 at a coupon rate of 9.70% (the “Notes“) pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended, (the “Act“), with closing expected to occur on or about June 25, 2018. However, there can be no assurances that the issuance and sale of … Continue Reading