Frontera Energy Corporation

Frontera Energy Corporation is a Canadian public company engaged in the exploration, development, production, and sale of oil and natural gas, with a strategic focus on South America. The company's history traces back to Petro Rubiales in 1982, later becoming Pacific Rubiales Energy Corp., and then Pacific Exploration and Production before filing for bankruptcy protection in 2016. It emerged from restructuring and was renamed Frontera Energy Corporation in June 2017, relisting on the Toronto Stock Exchange.

The company's business model is centered on a value-over-volumes strategy, striving for capital efficiency and returning capital to stakeholders. Frontera operates through three core businesses: its upstream onshore operations in Colombia and Ecuador, a growing infrastructure business in Colombia, and offshore exploration in Guyana. Revenue is generated from the sale of crude oil and natural gas. The company’s commercialization model aims to eliminate intermediaries by managing transportation, blending, and storage, thereby improving margins. Its client base consists of international markets, primarily for its Vasconia Blend, and domestic sales in Colombia, including developing the Llanos Blend for the asphalt market.

Frontera's diversified portfolio includes interests in 22 exploration and production blocks across Colombia, Ecuador, and Guyana. A key part of its operations involves significant infrastructure assets, including the Puerto Bahía port and the ODL pipeline, which provide stable, long-term revenue streams. The company produces heavy crude oil, light and medium crude oil, and natural gas. For instance, in the first quarter of 2025, production from its Colombian operations averaged 39,010 barrels of oil equivalent per day (boe/d). The company actively engages in development drilling and well interventions to maintain and grow production levels. The leadership team includes Chairman of the Board Gabriel de Alba and CEO Orlando Cabrales Segovia, who brings over 30 years of experience in Colombia's public and private energy sectors.

Keywords: oil and gas exploration, energy production, South America energy, Colombian oil, upstream operations, midstream facilities, heavy crude oil, natural gas sales, energy infrastructure, Puerto Bahía port, ODL pipeline, petroleum exploration, Canadian energy company, Guyana exploration, Ecuador oil operations, value-focused production, energy asset management, corporate restructuring, oilfield development, public energy corporation, energy logistics