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Frontera Energy divest non-core assets in Ecuador (FEC:CA:TSX)

 

  • Frontera Energy (TSX:FEC:CA) to divest its 50% working interest in the Perico and Espejo blocks in Ecuador.
  • The total cash consideration to Frontera for the blocks is $7.8 million, subject to working capital and other customary adjustments as of the effective date of January 1, 2025.
  • These assets averaged net oil production of approximately 1,000 boed for July 2025.
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