FECCF - Frontera Energy Corporation

From OTC Wiki
Frontera Energy Corporation explores for, develops, and produces crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 35 exploration and production blocks in Colombia, Ecuador, Guyana, and Peru; and in pipeline and port facilities in Colombia. As of December 31, 2021, it had total proved plus probable reserves of 167 million barrels of oil equivalent. The company was formerly known as Pacific Exploration & Production Corporation and changed its name to Frontera Energy Corporation in June 2017. Frontera Energy Corporation was incorporated in 1985 and is headquartered in Calgary, Canada.


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Opinions

Caesar | Posted on Mar 16, 2022 at 9:42 pm | Bull

Repeat of what I wrote on FECCF board: I'm a bear on CGXEF and a bull on FECCF and here is why. They both peaked on 2/1/22. Since then, FECCF is UP about 7%, while CGXEF is DOWN over 50%! Why the huge difference? Because of the financial/business risk associated with CGX. Without funding, and likely further dilution, they cannot continue. FEC, on the other hand, has performed well because of the high likelihood of a commercial find. FEC share price will continue to grow as the discovery is further proven.

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