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Frontera Energy has reported financial and operational results for the fourth quarter and year ended December 31, 2022. 2022 was a strong financial and operational year for Frontera. The Company increased full year operating EBITDA by 70% to $641.9 million, within the Company s $90-$100/bbl 2022 guidance range.

United statesOrlando cabralesFrontera energyPipeline investmentRecorded net incomeBbl weighted average brentDaily productionMidstream segment incomeFrom standaloneGrowing midstreamCurrently aheadPublic floatReturned more thanEmissions through carbon creditsPreserved and restoredCompany reiterates