CALGARY, AB, Aug. 13, 2025/ CNW/ – Frontera Energy Corporation FEC (the “ Business” or “ Frontera“) reveals that 2 officers of the Business have actually signed up with the board of directors (the “ CGX Board“) of CGX Energy Inc. (“ CGX“) which Gabriel de Alba, director and Co-chairman of CGX, has actually resigned from the CGX Board. As an outcome, the CGX Board consists of 3 officers of the Business, specifically, Orlando Cabrales (Chairman of the CGX Board), Alejandra Bonilla and René Burgos Díaz.
Frontera means to motivate CGX to continue to take actions to protect its resources and secure its rights and properties for the advantage of all of its stakeholders.
About Frontera:
Frontera Energy Corporation is a Canadian public business associated with the expedition, advancement, production, transport, storage and sale of oil and gas in South America, consisting of tactical financial investments in both upstream and midstream centers. The Business has a varied portfolio of properties which includes interests in 22 expedition and production blocks in Colombia, Ecuador and Guyana, and in pipeline and port centers in Colombia. Frontera’s typical shares are noted for trading in the Toronto Stock Market under the ticker sign “FEC.” The Business is devoted to carrying out service securely and in a socially and ecologically accountable way.
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Advisories:
Cautionary Note Worrying Forward-Looking Statements
This press release includes positive declarations. All declarations, besides declarations of historic reality, that deal with activities, occasions or advancements that the Business thinks, anticipates or expects will or might happen in the future are positive declarations. These positive declarations show the present expectations or beliefs of the Business based upon info presently offered to the Business. Positive declarations undergo a variety of threats and unpredictabilities that might trigger the real outcomes of the Business to vary materially from those talked about in the positive declarations, and even if such real outcomes are recognized or significantly recognized, there can be no guarantee that they will have the anticipated effects to, or impacts on, the Business. Elements that might trigger real outcomes or occasions to vary materially from present expectations consist of, to name a few things: the recently enforced U.S. trade tariffs impacting over 50 nations and intensifying stress with China; the effect of the Russia– Ukraine dispute and dispute in the Middle East; actions of the Company of Petroleum Exporting Countries (OPEC+); liabilities intrinsic with the expedition, advancement, exploitation and recovery of oil and gas; unpredictability of quotes of capital and operating expense, production quotes and approximated financial return; unpredictabilities related to approximating oil and gas reserves; failure to develop approximated resources or reserves; volatility in market value for oil and gas; change in currency exchange rates; inflation; modifications in equity markets; understandings of the Business’s potential customers and the potential customers of the oil and gas market in Colombia and other nations where the Business runs or has financial investments; unpredictabilities connecting to the schedule and expenses of funding required in the future; the Business’s capability to finish tactical efforts or deals to improve the worth of its securities and the timing thereof; the Business’s capability to gain access to extra funding; the capability of the Business to keep its credit rankings; the capability of the Business to fulfill its monetary commitments and minimum dedications, fund capital investment and adhere to covenants included in the arrangements that govern insolvency; political advancements in the nations where the Business runs; the unpredictabilities associated with analyzing drilling outcomes and other geological information; timing on invoice of federal government approvals; the failure of the Business to reach an arrangement with the Federal government of Guyana in regard of the Business and its joint endeavor partner’s interests in, and the petroleum prospecting license for, the Corentyne block; and the other threats divulged under the heading “Threat Elements” and somewhere else in the Business’s yearly info type dated March 10, 2025 submitted on SEDAR+ at www.sedarplus.ca. Any positive declaration speaks just since the date on which it is made and, other than as might be needed by relevant securities laws, the Business disclaims any intent or responsibility to upgrade any positive declaration, whether as an outcome of brand-new info, future occasions or outcomes or otherwise. Although the Business thinks that the presumptions intrinsic in the positive declarations are sensible, positive declarations are not assurances of future efficiency and appropriately unnecessary dependence need to not be placed on such declarations due to the intrinsic unpredictability therein.
www.fronteraenergy.ca
SOURCE Frontera Energy Corporation