From Standalone News Today

Frontera Energy has reported financial and operational results for the first quarter ended March 31, 2023. Fronteras first quarter results were in-line with its 2023 capital and production guidance. The Company delivered average daily production of 41,586 boe/d, generated $91.9 million of operating EBITDA, and invested $131.5 million in capital expenditures.

Frontera Energy has reported financial and operational results for the fourth quarter and year ended December 31, 2022. 2022 was a strong financial and operational year for Frontera. The Company increased full year operating EBITDA by 70% to $641.9 million, within the Companys $90-$100/bbl 2022 guidance range.