Company Description
Frontera Energy Corporation (FECCF) is an independent oil and gas exploration and production company focused on operations in Latin America. Headquartered in Calgary, Alberta, Canada, Frontera operates primarily in Colombia and Ecuador, where the company holds working interests in various crude oil and natural gas producing properties.
Business Model and Operations
Frontera Energy generates revenue through the exploration, development, and production of crude oil and natural gas. The company's operations span multiple producing basins in Colombia, where it maintains a diverse portfolio of onshore and offshore assets. Frontera's business model emphasizes efficient extraction of hydrocarbons from proven reserves while pursuing strategic exploration activities to replenish production.
The company operates under production sharing contracts and association contracts with national oil companies in its operating jurisdictions. These arrangements define the terms under which Frontera develops and produces hydrocarbons, including royalty payments, cost recovery mechanisms, and profit-sharing structures with host governments.
Geographic Focus
Colombia represents Frontera Energy's primary operating region, where the company holds interests in multiple producing blocks across several sedimentary basins. The Colombian operations include both operated and non-operated properties, providing the company with diversified exposure to different geological formations and production profiles.
Ecuador serves as a secondary operating region, where Frontera maintains interests in exploration and production blocks. The company's presence in multiple Latin American jurisdictions provides geographic diversification within its overall portfolio.
Midstream Infrastructure
Beyond upstream exploration and production, Frontera Energy maintains interests in midstream infrastructure assets that support the transportation and processing of produced hydrocarbons. These infrastructure investments help ensure reliable market access for the company's production and can generate additional revenue through third-party transportation services.
Corporate Structure
Frontera Energy Corporation trades on the Toronto Stock Exchange under the symbol FEC, with American depositary shares available on U.S. over-the-counter markets under the symbol FECCF. This dual listing structure provides access to both Canadian and U.S. investors interested in Latin American oil and gas exposure.
The company maintains corporate offices in Calgary, Canada, with operational headquarters in Bogota, Colombia. This structure combines Canadian capital markets access with on-the-ground operational presence in key producing regions.
Industry Position
Within the Latin American oil and gas sector, Frontera Energy operates as a mid-sized independent producer. The company competes with both national oil companies and other international independents for acreage, development opportunities, and market access. Frontera's focus on Colombia and Ecuador positions it within markets that feature established regulatory frameworks for foreign oil company participation.
Strategic Partnerships
Frontera Energy engages in commercial relationships with major international oil companies and trading houses for crude oil marketing and operational collaboration. These partnerships provide access to global crude oil markets and can include prepayment arrangements that support the company's capital structure and development programs.
Stock Performance
Latest News
SEC Filings
No SEC filings available for Frontera Energy.