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Frontera Announces First Quarter 2021 Results


Frontera Announces First Quarter 2021 Results
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IN LINE WITH GUIDANCE
INCREASED OPERATING EBITDA BY 94% TO $69.2 MILLION AND
REDUCED PRODUCTION COSTS PER BARREL BY 22% COMPARED TO Q4/2020
RECEIVED FAVOURABLE OPINION ON CONCILIATION AGREEMENT
FROM PROCURADURÍA GENERAL DE LA NACIÓN
TARGETING AN EARLY THIRD QUARTER SPUD FOR THE GUYANA KAWA-1 WELL
TORONTO, May 5, 2021 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (
Frontera or the
Company ) today reported financial and operational results for the first quarter ended March 31, 2021. All financial amounts in this news release are in United States dollars, unless otherwise stated.
First Quarter Operational and Financial Results: ....

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Joint Venture Partner CGX Announces Agreement with Maersk to Drill Kawa-1 Well, Offshore Guyana


Frontera Provides Notice of Q1/21 Financial Results and Conference Call 
TORONTO, April 22, 2021 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (
Frontera or the
CGX ), joint venture partners (the
Joint Venture ) in the Petroleum Prospecting License for the Corentyne block offshore Guyana, separately announced today that CGX Resources Inc. (
CGX Resources ), operator of the Corentyne Block, has entered into an agreement (the
Drilling Contract ) with Maersk Drilling Holdings Singapore Pte. Ltd. (Maersk), a subsidiary of The Drilling Company of 1972 A/S, for the provision of a semi-submersible drilling unit, the Maersk Discoverer, and associated services to drill the Joint Venture s Kawa-1 well. The Joint Venture is targeting an early third quarter spud for the Kawa-1 well. All financial amounts in this news release are in United States dollars, unless otherwise stated. ....

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