Frontera Energy Corp - Company Profile
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Frontera Energy Corp (Frontera) is an upstream-focused oil and gas company. It carries out exploration, development, exploitation, and production of natural gas and crude oil. Frontera's business operations also include storage, transportation and sale of crude oil and natural gas. The company’s operations are primarily concentrated in Latin America, with assets in Colombia, Guyana and Ecuador. Its major assets include oilfields such as Quifa SW, Jaspe, Cajua, Casimena, Cubiro, Guatiquia, Sabanero, CPE-6 in Colombia; Espejo and Perico in Ecuador; and Corentyne, Demerara and Berbice in Guyana. Frontera also owns an interest in the ODL pipeline and Puerto Bahia bulk storage facility in Colombia. Frontera is headquartered in Toronto, Ontario, Canada.
Frontera Energy Corp premium industry data and analytics
Products and Services
Products |
---|
Natural Gas |
Crude Oil |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In January, the company and CGX Energy formed a joint venture in the Petroleum Prospecting License for the Corentyne block offshore Guyana and spud the Wei-1 well on the Corentyne block 200 kilometres offshore from Georgetown, Guyana. |
2022 | Acquisitions/Mergers/Takeovers | In December, the company acquired 29.73% stake in Corentyne Block in Offshore Guyana from CGX Energy. |
2022 | Contracts/Agreements | In October, the company and CGX Energy Inc agreed to extend the maturity date of the previously announced US$19 million convertible loan to CGX. |
Competitor Comparison
Key Parameters | Frontera Energy Corp | Parex Resources Inc | GeoPark Ltd | Gran Tierra Energy Inc | Canacol Energy Ltd |
---|---|---|---|---|---|
Headquarters | Canada | Canada | Colombia | Canada | Canada |
City | Calgary | Calgary | Bogota | Calgary | Calgary |
State/Province | Alberta | Alberta | - | Alberta | Alberta |
No. of Employees | 855 | 428 | 482 | 336 | 481 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Gabriel de Alba | Chairman | Executive Board | 2016 | - |
Orlando Cabrales Segovia | Director; Chief Executive Officer | Executive Board | 2021 | - |
Rene Burgos Diaz | Chief Financial Officer | Senior Management | 2022 | - |
Alejandra Bonilla | General Counsel | Senior Management | - | - |
Renata Campagnaro | Vice President - Marketing, Logistics and Business Sustainability | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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