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Frontera Announces 2020 Year End Reserves


Frontera Announces 2020 Year End Reserves
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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 dollars, unless otherwise noted.
Richard Herbert, Chief Executive Officer, commented:
In 2020, Frontera safely and efficiently added 30.6 MMboe Proved plus Probable ( ....

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Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years


Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years
Parex Resources Inc. is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update. The financial and operational information contained below is based on the Company’s unaudited expected results for the year ended December 31, 2020. All currency amounts are in United States dollars, unless otherwise stated. 2020 Year-End Corporate …
Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update. ....

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