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

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

Canada's Parex Resources has offered $500 million for Frontera Energy Colombia's assets

Parex Resources announced on Monday that it has submitted a $500 million cash-only proposal to purchase the Colombian Upstream Operations of Frontera Energy.

Canada's Parex Resources offers $500 mln for Frontera Energy's Colombia assets

Parex Resources said on Monday it has submitted an all-cash proposal to acquire the Colombian upstream operations of Frontera Energy for $500 million.

Toronto Stocks Fall; Frontera Energy Jumps on Rival Bid from Parex Resources for Colombia Assets

Atco's shares rose by 1.4% to C$54.53 after it said its joint venture with an Alaska-based U.S. government-services subsidiary won a $596-million 10-year contract to provide operations and maintenance ...