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

TORONTO, June 11, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces a two-for-one share split of the Company’s issued and outstanding common shares (the “Share Split“). The record date of the Share Split will be June 21, 2018 at the close of business. Frontera’s transfer agent, Computershare Investor Services Inc. (“Computershare“), will send shareholders of record one additional common share for every share held on June 26, 2018. No action is required to be taken by the shareholders.

The Toronto Stock Exchange has determined to implement due bill trading in connection with the … Continue Reading

TORONTO, June 4, 2018 /CNW/ – Frontera Energy Corporation (TSX:FEC) (the “Company” or “Frontera“) today announced that it is commencing a cash tender offer and consent solicitation (the “Offer“) for any and all of its outstanding 10.0% Senior Secured Notes due 2021 (the “Notes“), upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated as of June 4, 2018 (the “Offer to Purchase“) and the related Letter of Transmittal.

The Offer will expire at 11:59 p.m., New York City time, on June 29, 2018, unless extended by … Continue Reading

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

TORONTO, June 4, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“), announces that it intends to commence an offering of up to U.S.$500 million principal amount of unsecured senior notes due 2023 (the “2023 Notes“) pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the “Act“). The proceeds from the offering will be used to (i) repurchase, at a premium, our U.S.$250 million 10.0% senior secured notes due 2021 pursuant to … Continue Reading

TORONTO, June 4, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces an operational update for the second quarter and a U.S.$30.46 million loan to Sociedad Portuaria Puerto Bahia S.A. (“Puerto Bahia“).

OPERATIONAL UPDATE

Colombia

Frontera continues its active drilling program with six drilling rigs operating continuously in the first two months of the second quarter of 2018, with three active in the Quifa heavy oil area, two on the light oil-focused Guatiquia block, and one drilling the high impact Acorazado-1 well in the Llanos 25 block.

As previously announced on May … Continue Reading

TORONTO, May 31, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) today held its annual general and special meeting of shareholders (the “Meeting“), where each of the six nominees proposed as directors and listed in the Company’s management proxy circular dated April 20, 2018 were elected as directors. A total of 31,071,757 common shares were voted in respect of the election of directors at the Meeting, representing 62.14% of the votes attaching to all outstanding common shares. The directors achieved an average approval vote of 99.8% from shareholders.

The detailed results of the vote are … Continue Reading

TORONTO, May 22, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) today announced the closing of a U.S.$100 million revolving letter of credit facility (the “Credit Facility“) arranged by Itaú Corpbanca Colombia S.A., Citibank N.A., JPMorgan Chase Bank, N.A., HSBC Mexico, S.A., Institución de Banca Multiple, Grupo Financiero HSBC and Bank of America Merrill Lynch (collectively, the “Participating Banks“), funds of which, will be used to provide letters of credit to fund exploration and transportation commitments in Colombia and Peru.

The Credit Facility will replace the Company’s current secured letter of credit facility … Continue Reading

High Impact Acorazado-1 Exploration Well Drilling

TORONTO, May 10, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announced today the release of its consolidated financial statements for the first 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.

FIRST QUARTER 2018 AND OPERATIONAL HIGHLIGHTS

Production Growth Driven by Peru Reactivation

First Quarter 2018 Results Will Be Released After Market on Thursday, May 10, 2018,
Followed by a Conference Call and Webcast on Friday, May 11, 2018 at 10:30 A.M. EDT

TORONTO, May 2, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces that its first quarter 2018 results will be released after market on Thursday, May 10, 2018 followed by a conference call and webcast for investors and analysts on Friday, May 11, 2018 at 8:30 a.m. (Calgary time), 9:30 a.m. (Bogotá time) and 10:30 a.m. (Toronto time). Participants will include Gabriel … Continue Reading

Current Board Member Richard Herbert to be appointed Chief Executive Officer;
David Dyck to be appointed Chief Financial Officer

Successful Start to 2018 Capital Program, Exploration Success at Guatiquia and Quifa

Average 2018 Net Oil and Gas Production of between 65,000 and 70,000 boe/d

Capital Expenditures of between $450 and $500 Million Expected to Fund 125 to 135 Development Wells, 11 to 15 Exploration Wells, 15 to 25 Work-Overs and Significant Infrastructure Expansion

TORONTO, March 28, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announces significant changes to its executive management team, an … Continue Reading

Value Over Volumes Focus in 2017 Generates Net Cash Provided by Operating Activities of $356 Million and Operating EBITDA Over $390 Million

TORONTO, March 28, 2018 /CNW/ – Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company“) announced today the release of its: consolidated financial statements for the year and quarter ended December 31, 2017, management discussion and analysis (“MD&A“), Annual Information Form (“AIF“) and Form 51-101 F1 – Statement of Reserves Data and Other Oil and Gas Information for the Company (the “F1 Report“) in respect of the year ended December 31, 2017. These documents, among … Continue Reading