Frontera Shares Rise After Parex Offer Found Superior to GeoPark Bid

Frontera Energy shares rose after the company determined that an acquisition offer from Parex Resources was superior to a proposal from GeoPark. The stock rose 6% to $12.93 on Friday. Shares have ...
Devdiscourse

Frontera's Colombian Asset Bidding War: Parex vs. GeoPark

Frontera Energy has received a superior bid from Parex Resources to acquire its Colombian operations, exceeding GeoPark's previous offer. GeoPark can respond by March 12. The proposed deal values ...

Frontera Energy says Parex Resources offers superior proposal for Colombia assets

Frontera Energy (FECCF) said late Thursday that its board has determined a binding ​offer received from Parex Resources (PARXF) to acquire its Colombian upstream ‌operations is a superior proposal to ...

FRONTERA DETERMINES BINDING OFFER FROM PAREX RESOURCES INC. IS A SUPERIOR PROPOSAL TO PREVIOUSLY ANNOUNCED GEOPARK TRANSACTION

Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces today that the Frontera Board of Directors, in consultation with its external legal counsel and independent financial ...
Devdiscourse

Parex Resources' $500 Million Bid Tops Geopark Offer for Frontera's Colombian Assets

Frontera Energy Corporation announced that Parex Resources has made a superior offer to acquire its Colombian operations compared to Geopark's proposal. Parex's $500 million cash bid includes debt ...
Offshore Technology on MSN

Parex proposes $500m acquisition of Frontera’s Colombian assets

Combining both portfolios is expected to create the largest independent energy company focused on Colombia.

Frontera Energy Acknowledges Receipt and is Considering The Unsolicited Proposal from Parex Resources Inc.

Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") announces today that it acknowledges receipt from Parex Resources Inc. ("Parex") of an unsolicited proposal to acquire all of ...
PE Hub

Parex submits rival bid for Catalyst-backed Frontera’s Colombian upstream business

Parex Resources has submitted a proposal to the board of directors of Frontera Energy Corp, backed by Catalyst Capital Group, to acquire the company’s Colombian upstream business.

Frontera Energy Shares Jump After Parex Makes Rival Bid for Colombia Operations

Canada's Parex, already one of the biggest independent oil-and-gas companies in Colombia, said it has submitted a proposal to Frontera's board to buy the operations for $500 million in cash, plus the ...
Cantech Letter

FRONTERA PROVIDES UPDATE ON PROPOSAL FROM PAREX RESOURCES INC.; CONTINUES TO RECOMMEND TRANSACTION WITH GEOPARK

Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”) is today providing an update on the previously-announced unsolicited, non-binding proposal ...

Frontera Energy says Parex offers superior proposal for Colombia oil and gas assets

BOGOTA, March 6 (Reuters) - Toronto-listed Frontera Energy Corporation said late on Thursday that its board has determined a binding offer received from Parex Resources to acquire its Colombian ...