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FRONTERA ENERGY CORPORATION ANNOUNCES NEW $120 MILLION PREPAYMENT AND COMMERCIAL AGREEMENT WITH CHEVRON
Prnewswire· 2025-12-29 20:14
CALGARY, AB, Dec. 29, 2025 /PRNewswire/ - Frontera Energy Corporation (TSX: FEC) (OTCQX: FECCF) ("Frontera" or the "Company") announced today that the Company's Colombian subsidiary has entered into a $120 million prepayment and commercial agreement with Chevron Products Company ("Chevron"). Under the prepayment and commercial agreement (the "Agreement"), the Company will receive an initial advance of $80million and commit to deliver a portion of its crude oil production for a period of two years to Chevro ...