CALGARY, AB, Feb. 15, 2024 /PRNewswire/ - Frontera Energy Corporation today announced its full year 2024 capital and production guidance, provides an update on its estimated fourth quarter 2023.
Recorded Net Income of $80.2 Million Generated Operating EBITDA of $116.5 Million, up 27% From the Previous Quarter Increased Average Daily Production 1% to.
Recorded a Net Loss of $11.3 Million Generated Operating EBITDA of $91.9 Million Delivered 41,586 Boe/d Q1 Average Daily Production, 41,800 Boe/d YTD Average.
Frontera Energy has reported financial and operational results for the first quarter ended March 31, 2023. Frontera s first quarter results were in-line with its 2023 capital and production guidance. The Company delivered average daily production of 41,586 boe/d, generated $91.9 million of operating EBITDA, and invested $131.5 million in capital expenditures.