|Bid||13.90 x N/A|
|Ask||13.92 x N/A|
|Day's Range||13.78 - 14.26|
|52 Week Range||10.19 - 19.80|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||0.70 (5.01%)|
|1y Target Est||13.41|
Apolo II Acquisition Corp. (the “Corporation”), a “capital pool company” pursuant to the policies of the TSX Venture Exchange (the “Exchange”), is pleased to announce that it has entered into a definitive business combination agreement (the “Definitive Agreement”) dated July 17, 2019 with Terrace Inc. (“Terrace”) and Terrance Acquisition Corp. (a wholly-owned subsidiary of the Corporation) (“Subco”) in furtherance of the Corporation’s previously announced proposed Qualifying Transaction (as such term is defined in Policy 2.4 – Capital Pool Companies of the Exchange’s Corporate Finance Manual (the “Manual”)) (the “Proposed Transaction”). Terrace was incorporated pursuant to the provisions of the Business Corporations Act (Ontario) (the “OBCA”) on August 28, 2018.
TORONTO, July 16, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announces the award of the VIM-22 block in addition to LLA-99 block which was previously announced on June 27, 2019 under the successful Agencia Nacional de Hidrocarburos ("ANH") bid round. Block VIM-22 is adjacent to and on trend with the Company's Guama block in the Lower Magdalena Valley region of Colombia.
TORONTO, July 3, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announces a second quarter 2019 operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. "The first half of 2019 has been very strong for Frontera operationally, with second quarter production up 9.3% quarter over quarter, and near field development and exploration proceeding moderately ahead of our 2019 plans with successes at Cubiro, CPE-6, and Mapache.
TORONTO, June 27, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announced today that it was awarded the Llanos-99 block in Colombia following the successful Agencia Nacional de Hidrocarburos ("ANH") bid round. The Llanos-99 block includes 134,900 acres within the prolific Llanos basin in Colombia on trend with fields that produce medium to light oil from the C-5 and C-7 zones within the Carbonera formation. The Company has preliminarily identified two prospective locations on the block with plans to start the environmental permitting process for the required 3D seismic program as soon as practicable with the goal of an exploration well to be drilled in 2021.
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TORONTO, June 17, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announced today that the Company will be added to the S&P/TSX Composite Index (the "Composite Index"), effective prior to the open of trading on Monday, June 24, 2019. The Company is also being added to the S&P/TSX Composite Dividend, S&P/TSX Composite High Dividend and S&P/TSX Capped Energy Index at the same time. The Composite Index is the headline index in Canada and serves as an indicator of broad market activity in Canadian equity markets. It includes the largest and most liquid companies on the Toronto Stock Exchange, as measured by market capitalization and trading volume. Inclusion in the Index can potentially broaden participation in a company's investor base by enabling investment from index funds and similar investment vehicles.
TORONTO , June 14, 2019 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, June 24, ...
TORONTO, May 30, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announces that its board of directors has declared a dividend of C$0.205 per common share, which will be paid on or about July 17, 2019 to shareholders of record at the close of business on July 3, 2019. The Company's board of directors has also amended its dividend policy to increase the quarterly dividend by 20% from US$12.5 million to approximately US$15.0 million during periods in which Brent oil prices sustain an average price of US$60/bbl or higher. The declaration and payment of any specific dividend, the actual amount, the declaration date, the record date, and the payment of each quarterly dividend will be subject to the discretion of the Company's board of directors.
TORONTO , May 29, 2019 /CNW/ - Frontera Energy Corporation (TSX: FEC) (" Frontera " or the " Company ") today held its annual general and special meeting of shareholders (the " ...
TORONTO, May 16, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company"), today announced it has made an amendment to the terms of the proposed amended and restated shareholder rights plan agreement (the "Plan") to be presented for approval at the annual and special meeting of Shareholders of the Company scheduled to be held on May 29, 2019. The Company has amended the definition of "Independent Shareholders" in the Plan to clarify that any Person who pursuant to the definition of "Beneficial Owner" is not deemed to Beneficially Own the Voting Shares of the Company held by such Person is not excluded from the definition of "Independent Shareholders". The amendment was made in response to a report issued by Institutional Shareholder Services Inc., a proxy voting advisory and corporate governance services firm.
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TORONTO, May 9, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announces today the release of its Interim Condensed Consolidated Financial Statements for the first quarter of 2019, together with its Management, Discussion and Analysis ("MD&A"). All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated. Net income of $46 million ($0.47/share) in the first quarter of 2019 compared to a net loss of $117 million ($1.17/share) in the fourth quarter of 2018 and a net loss of $3 million ($0.03/share) in the first quarter of 2018, driven by strong realized prices and lower operating and transportation costs.
Toronto, Ontario--(Newsfile Corp. - May 3, 2019) - CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera") announced today that the Government of The Cooperative Republic of Guyana has approved the farm-in joint venture agreement covering two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara blocks.Under the terms of the farm-in joint venture agreement between Frontera and a wholly owned subsidiary of CGX, CGX Resources Inc., Frontera ...
First Quarter 2019 Results Will Be Released After Market on Thursday, May 9, 2019 , Followed by a Conference Call on Friday, May 10, 2019 at 10:00 A.M. EDT TORONTO , April 24, 2019 /CNW/ - Frontera Energy ...
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TORONTO, April 11, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announces a first quarter 2019 operational update. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. "2019 is off to a strong start for Frontera, with our production and exploration proceeding in line with guidance for 2019 and our plan to sustain production in Colombia at current levels for the next five years as we grow production and reserves from new projects in the North Andean region.
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TORONTO, March 14, 2019 /CNW/ - Frontera Energy Corporation (TSX:FEC.TO - News) ("Frontera" or the "Company") announced today that it has acquired 101,316,916 common shares ("Common Shares") of CGX Energy Inc. ("CGX") (TSXV:OYL.V - News) in connection with the rights offering (the "Rights Offering") previously announced by CGX on February 1, 2019. The aggregate purchase price for the Common Shares was $25,329,229 (or $0.25 per Common Share). As consideration for providing a standby commitment in connection with the Rights Offering, the Company also received 15,009,026 5-year warrants (the "Warrants") to purchase up to 15,009,026 Common Shares at an exercise price equal to $0.415 per Common Share.