Frontera Energy wins $120M financing, oil delivery deal with Chevron (CVX:NYSE)

Frontera Energy (FECCF) said Monday its Colombian subsidiary signed a financing deal with Chevron (CVX) worth as much as 120millioninexchangeforfutureoildeliveries.TheCanadianoilproducersaiditwillreceiveaninitialadvanceof120 million in exchange for future oil deliveries. The Canadian oil producer said it will receive an initial advance of 80 million ...