FRONTERA ANNOUNCES 2021 YEAR END RESERVES
/PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced the results of its annual independent reserves assessment...
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/PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced the results of its annual independent reserves assessment...
/PRNewswire/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") today announced the results of its annual independent reserves assessment...
1 The Company achieved the netbacks above on sold barrels of oil equivalent for the year ended December 31, 2020 and December 31, 2019 (these figures do not include TransGlobe's Egypt entitlement crude oil held as inventory at December 31, 2020). 2 Royalties and taxes are settled at the time of production. Fluctuations in royalty and tax costs per bbl are due to timing differences between the production and sale of the Company's entitlement crude oil. Netback per barrel in Egypt decreased by 46% in 2020 compared to 2019. The decrease was due to a 35% lower realized oil price, 57% higher selli...
Frontera Announces 2020 Year End Reserves News provided by Share this article Extended Net 2P Reserves Life Index to 10.6 years in Colombia 2P Reserves Net Present Value (10% discount) of $1.888 billion Before Tax Added 18.9 MMboe Net 2P reserves from Colombia fields TORONTO, March 3, 2021 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (" Frontera" or the " Company") today announced the results of its annual independent reserves assessment conducted by DeGolyer and MacNaughton (" D&M"). All dollar amounts in this news release and the Company's financial disclosures are in United States...
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