Canada's Frontera Energy Corp named a new chief executive on Monday, and said it plans to more than double its investment in operations inColombiaand Peru during 2018, to up to $500 million. Frontera will direct between $225 million and $240 million of investment to new wells and maintenanc...
Currently, the Company has four drilling rigs and four workover rigs active at its operations inColombiaand one rig at the Perico block inEcuador. In the first quarter of 2022, the Company drilled 14 development wells inColombiaand one exploration well inEcuador, and completed 38 workovers and...
Frontera Energy Corp.[FEC-TSX;FECCF-OTC] has discovered 27.2-degree API light crude oil at the Tui-1 exploration well on the Perico block (Frontera 50% working interest and operator) in Ecuador. Orlando Cabrales, CEO, commented: “We are excited to announce a second consecutive light crude ...