Parex Resources (PARXF) said Monday it has submitted an all-cash proposal to acquire Frontera Energy's (FECCF) Colombian ...
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Parex proposes $500m acquisition of Frontera’s Colombian assets
Combining both portfolios is expected to create the largest independent energy company focused on Colombia.
Parex Resources has submitted a proposal to the board of directors of Frontera Energy Corp, backed by Catalyst Capital Group, to acquire the company’s Colombian upstream business.
Canada's Parex, already one of the biggest independent oil-and-gas companies in Colombia, said it has submitted a proposal to Frontera's board to buy the operations for $500 million in cash, plus the ...
Parex Resources has submitted a $500 million bid to acquire Frontera Energy's Colombian upstream assets, months after a bid ...
Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an ...
Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces today that it acknowledges receipt from Parex Resources Inc. ("Parex") of an unsolicited proposal to acquire all of ...
Parex Resources said on Monday it has submitted an all-cash proposal to acquire the Colombian upstream operations of Frontera Energy for $500 million.
Heightened perception of risk associated with operating in Colombia weighing heavily on market value. Strong growth prospects including a transformational opportunity in offshore Guyana. Frontera ...
Frontera Energy's share price has declined sharply, but the company remains undervalued with significant upside potential. The company's operations in Colombia and offshore Guyana hold considerable ...
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