Frontera Energy Corp (FEC) - Oil & Gas - Deals and Alliances Profile

Region:North America

Author(s):

Product Code:GDGE25467D

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Published on

October 2018

Total pages

132

Table of Content

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About the Report

About the Report

Summary

Frontera Energy Corp (Frontera), formerly Pacific Exploration & Production Corporation, is an upstream energy company. It carries out exploration, development and production of natural gas and crude oil. The company's major assets include heavy oilfields of Quifa SW, Jaspe, Cajua, Quifa North and light and medium oil and associated natural gas fields in Llanos basin in Colombia, and Block Z1 and Block 192 in Peru. It also has interest in a natural gas block, La Creciente. Frontera operates pipelines for the transportation of crude oil. It has interest in Bicentenario Pipeline and ODL Pipeline. The company has offices in Calgary, Alberta, Canada; Bogota, Colombia; and Lima, Peru. Frontera is headquartered in Toronto, Ontario, Canada.

Frontera Energy Corp (FEC)-Oil & Gas-Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals-Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.

- Deals by Year-Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.

- Deals by Type-Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.

- Deals by Region-Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.

- Deals by Sub-sector-Chart and table showing information on the number of deals and value reported by the company, by sub-sector.

- Major Deals-Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.

- Business Description-A brief description of the company's operations.

- Key Employees-A list of the key executives of the company.

- Important Locations and Subsidiaries-A list and contact details of key centers of operation and subsidiaries of the company.

- Key Competitors-A list of the key competitors of the company.

- Key Recent Developments-A brief on recent news about the company.

Reasons to buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements

- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy

- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company

- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.

- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company

- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research

- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Products

Products

Frontera Energy Corp, Deal Analysis, Mergers, Acquisitions, Asset Purchases, Asset Divestitures, Company Divestitures, Equity Offerings, Capital Raising, Debt Offerings, IPOs, Initial Public Offering, Private Placement, Private Investment In Public Equities, Secondary Offerings, Follow-On Offerings, Debt Private Placement, Public Debt Placement, Partnerships, Joint Venture, Licensing Agreements, Co-Marketing Agreements, Upfront Payment, Milestone Payment, Phases, Clinical Trials, Private Equity, Venture Capital, PE,VC, Asset Finance, Project Finance, Tax Equity Financing, Bond Financing, Lease Financing, New Build Financing, Deal Analysis By Market/sector, Deal Analysis By Geography, Deal Analysis By Deal Types, Key Employees, Locations And Subsidiaries, Competitors, Recent News, Company Overview, Key Facts, Deals By Year, Deal Details, Recent Developments, Significant Developments.

Table of Contents

Table of Contents

Table of Contents

Table of Contents 3

List of Tables 6

List of Figures 7

Frontera Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8

Frontera Energy Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 9

Frontera Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10

Frontera Energy Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 11

Frontera Energy Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 12

Frontera Energy Corp, Oil & Gas, Deal Details 15

Asset Purchase 15

Frontera Energy To Acquire Additional 16.64% Interest In Bicentenario Pipeline In Colombia From Pacific Midstream For USD 34 Million 15

Pacific Rubiales Energy Completes Acquisition Of 40% Interest In Portofino Exploration Block In Colombia From Petromont For USD 25.7 Million 16

Pacific Exploration Completes Acquisition Of Remaining 50% Working Interest In CPE-6 Block In Colombia From Talisman Colombia 17

Pacific Rubiales Completes Acquisition Of 50% Interest In Tinigua Block In Caguan-Putumayo Basin, Colombia From PetroNova 18

Pacific Rubiales Energy Completes Acquisition Of Remaining Interests In Arrendajo And Cubiro Blocks In Colombia From LAEFM For USD 271.9 Million 19

Pacific Rubiales Energy Completes Acquisition Of 35% Interest In Block S-M-1166, Offshore Brazil From Karoon Gas Australia 20

Petrominerales Completes Acquisition Of Remaining 25% Stake In Oil And Gas Assets In Brazil From Alvopetro For USD 9 Million 21

Pacific Rubiales Completes Acquisition Of 35% Working Interest In Four Offshore Exploration Blocks In Santos Basin From Karoon Gas For USD 40 Million 22

Maurel & Prom To Sell Its 50.001% Stake In Sabanero Block In Colombia To Meta Petroleum For USD 104 Million 23

Pacific Rubiales Completes Acquisition Of 50% Interest In Block 116 From Maurel & Prom 24

Petrominerales Completes Acquisition Of 50% Interest In Canaguaro Block In Colombia For USD 12 Million 25

Pacific Rubiales Energy Completes Acquisition Of 10% Interest In PPL 237 And Triceratops Structure And Exploration Acreage In Papua New Guinea From InterOil For USD 345 Million 27

Pacific Rubiales Energy Completes Acquisition of 49% Interest In Block Z-1 From BPZ Energy For USD 335 Million 29

Pacific Rubiales Energy To Acquire 33% Interest In Offshore Corentyne And Annex Licenses, Guyana From CGX Energy 31

Private Equity 32

EIG Global Makes Proposal To Acquire Pacific Exploration & Production 32

Catalyst Capital Rumored To Invest Up To USD 381.5 Million In Pacific Exploration 34

Pacific Rubiales Sells Interest In Pacific Midstream To International Financial Consortium For USD 320 Million 35

Pacific Rubiales Completes Sale Of 5% Interest In Oleoducto Central To Darby-Led Consortium For USD 385 Million 36

Partnerships 38

Pacific Rubiales To Form Joint Venture With Alfa To Develop Mexican Projects 38

Equity Offering 39

CGX Energy Completes Private Placement Of Units For USD 36.1 Million 39

CGX Energy Completes Private Placement Of Units For USD 29 Million 41

PetroMagdalena Energy Completes Private Placement Of Shares For USD 2.7 Million 43

Debt Offering 44

Frontera Energy Completes Private Placement Of 9.7% Senior Notes, Due 2023, For USD 350 Million 44

CGX Energy Completes Private Placement Of 5% Convertible Debentures, Due 2016 For USD 1.5 Million 45

Pacific Rubiales Completes Private Placement Of 5.625% Notes Due 2025 For USD 750 Million 46

Pacific Rubiales Energy Completes Public Offering Of 5.375% Notes Due 2019 For USD 1,300 Million 47

Pacific Rubiales Energy Completes Private Placement Of 5.125% Notes Due 2023 For USD 1 Billion 48

Petrominerales Completes Private Placement Of 3.25% Convertible Bonds Due 2017 For USD 400 Million 49

Asset Transactions 50

ExxonMobil Completes Acquisition Of Stake In PNG Blocks In Papua New Guinea From Frontera Energy For USD 57 Million 50

Amerisur Resources Completes Acquisition Of Interests In Four Oil And Gas Blocks In Colombia From Pacific Exploration For USD 4.9 Million 51

Canacol Energy Completes Acquisition Of 50% Interest In SSJN7 Block In Colombia From Pacific Exploration For USD 7.8 Million 53

Petrosouth Energy Completes Acquisition Of 70% Participating Interest In Cerrito Block In Colombia From Frontera Energy For USD 1 Million 54

Pacific Exploration Completes Sale Of 30% Interest In Block 131 In Peru To Cepsa For USD 25 Million 55

Pacific Exploration & Production Sells 30% Participating Interest In Block 131, Peru To Cepsa For USD 25 Million 56

Karoon Petroleo Completed Acquisition Of Remaining 35% Interest In Santos Basin Blocks, Offshore Brazil From Pacific Exploration For Up To USD 20.5 Million 57

QGEP Completes Acquisition Of Additional Interest In FZA-M-90, PAMA-M-265 And PAMA-M-337 Blocks, Offshore Brazil From Pacific Brasil For Approximately USD 40.8 Million 59

Gold Oil To Acquire Interest In Casanare Este Block From Pacific Exploration & Production For USD 0.15 Million 60

Petroamerica Completes Acquisition Of 50% Working Interest In Llanos-19 Block, Columbia From Pacific Stratus Energy For Up To USD 17 Million 61

Repsol To Acquire 5% Interest In Georgetown Block From CGX Energy 62

Pacific Rubiales Energy To Acquire 33% Interest In Offshore Corentyne And Annex Licenses, Guyana From CGX Energy 63

Acquisition 64

Calborn International Acquires 2.85% Sake In Pacific Rubiales Energy For USD 56.6 Million 64

Pacific Rubiales Energy Sells PetroMagdalena Energy To International Metals 65

Pacific Rubiales Energy Completes Acquisition Of Petrominerales, Oil And Gas Company, For USD 1.55 Billion 66

Pacific Rubiales Acquires 100% Interest In BCH International For Approximately USD 3.5 Million 68

Pacific Rubiales Energy Completes Acquisition Of C&C Energia, Oil And Gas Company, From Denham Capital For USD 626.6 Million 69

Petrominerales Completes Acquisition Of 75% Interest In Alvopetro, Oil And Gas Company, For USD 36.9 Million 71

Pacific Rubiales Energy Completes Acquisition Of Minority Stake In Pacific Infrastructure For USD 50 Million 72

Pacific Rubiales Energy Completes Acquisition Of Remaining 94.2% Interest In PetroMagdalena Energy For USD 216.2 Million 73

Petrominerales Completes Acquisition Of Veraz Petroleum Peru From Veraz Petroleum For USD 5 Million 75

Frontera Energy Corp-Key Competitors 76

Frontera Energy Corp-Key Employees 77

Frontera Energy Corp-Locations And Subsidiaries 78

Head Office 78

Other Locations & Subsidiaries 78

Affiliate 80

Recent Developments 81

License Rounds 81

Sep 19, 2017: Uruguay launches third licensing round for hydrocarbon exploration and production 81

Recent Discoveries 83

Oct 09, 2018: Frontera announces light oil discovery from Acorazado-1 exploration well 83

Drilling and Production Updates 85

Aug 17, 2018: Frontera announces positive drilling results from Acorazado-1 well in Colombia 85

Financial Announcements 86

Aug 03, 2018: Frontera announces second quarter 2018 results 86

May 10, 2018: Frontera Announces Three Percent Production Growth And 100% Exploration Success In First Quarter Of 2018 90

Mar 28, 2018: Frontera Delivers Strong Fourth Quarter And 2017 Results And Provides Update On Reserves 94

Nov 13, 2017: Frontera Announces Third Quarter 2017 Results 97

Aug 09, 2017: Frontera Announces Second Quarter 2017 Results 100

May 08, 2017: Pacific Announces First Quarter 2017 Results 104

Mar 15, 2017: Pacific Announces Fourth Quarter & Year End 2016 Results And Updates Its 2016 Year-End Reserves 106

Other Significant Developments 109

Sep 04, 2018: Frontera Announces Resumption of Production from Block 192 in Peru 109

Jul 13, 2018: Frontera Announces USD 377 Million In Transportation Cost Savings And Other Transportation Related Events 110

Jun 04, 2018: Frontera Announces Q2 Operational Update And Loan To Puerto Bahia 111

May 22, 2018: Frontera Announces Closing Of New U.S.USD 100 Million Credit Facility 113

Mar 28, 2018: Frontera Provides Q1 2018 Operational Update And 2018 Outlook And Guidance Information 114

Feb 18, 2018: Frontera Announces Resignation Of Camilo McAllister As CFO 118

Jan 22, 2018: Frontera Announces Operational Update 119

Dec 21, 2017: Frontera posts operational update, board appointment and executive promotions 120

Oct 27, 2017: Frontera Announces An Update On Block 192 In Peru 122

Aug 22, 2017: Frontera Announces Appointments Of VP Capital Markets And VP Corporate Strategy & Communications 123

Jun 12, 2017: Pacific Exploration Announces Name Change To Frontera Energy 124

May 29, 2017: Pacific Exploration & Production Provides An Operational Update 126

Mar 30, 2017: Amerisur Resources Provides Update On Operations In Platanillo Field, Colombia 127

Mar 15, 2017: Pacific Exploration Provides First Quarter 2017 Operational Update And 2017 Outlook & Guidance 128

Jan 30, 2017: Pacific Announces Appointment Of Barry Larson As Chief Executive Officer 131

Appendix 132

Methodology 132

About GlobalData 132

Contact Us 132

Disclaimer 132


List of Figure

List of Figures

Frontera Energy Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 2

Frontera Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 2

Frontera Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 2

Frontera Energy Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2

Frontera Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8

Frontera Energy Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 9

Frontera Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10

Frontera Energy Corp, Oil & Gas, Deals by Sector, 2012 to YTD 2018 11


List of Table

List of Tables

Frontera Energy Corp, Oil & Gas, Key Facts, 2017 2

Frontera Energy Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 2

Frontera Energy Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8

Frontera Energy Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 9

Frontera Energy Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10

Frontera Energy Corp, Deals By Sector, 2012 to YTD 2018 11

Frontera Energy Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 12

Frontera Energy To Acquire Additional 16.64% Interest In Bicentenario Pipeline In Colombia From Pacific Midstream For USD 34 Million 15

Pacific Rubiales Energy Completes Acquisition Of 40% Interest In Portofino Exploration Block In Colombia From Petromont For USD 25.7 Million 16

Pacific Exploration Completes Acquisition Of Remaining 50% Working Interest In CPE-6 Block In Colombia From Talisman Colombia 17

Pacific Rubiales Completes Acquisition Of 50% Interest In Tinigua Block In Caguan-Putumayo Basin, Colombia From PetroNova 18

Pacific Rubiales Energy Completes Acquisition Of Remaining Interests In Arrendajo And Cubiro Blocks In Colombia From LAEFM For USD 271.9 Million 19

Pacific Rubiales Energy Completes Acquisition Of 35% Interest In Block S-M-1166, Offshore Brazil From Karoon Gas Australia 20

Petrominerales Completes Acquisition Of Remaining 25% Stake In Oil And Gas Assets In Brazil From Alvopetro For USD 9 Million 21

Pacific Rubiales Completes Acquisition Of 35% Working Interest In Four Offshore Exploration Blocks In Santos Basin From Karoon Gas For USD 40 Million 22

Maurel & Prom To Sell Its 50.001% Stake In Sabanero Block In Colombia To Meta Petroleum For USD 104 Million 23

Pacific Rubiales Completes Acquisition Of 50% Interest In Block 116 From Maurel & Prom 24

Petrominerales Completes Acquisition Of 50% Interest In Canaguaro Block In Colombia For USD 12 Million 25

Pacific Rubiales Energy Completes Acquisition Of 10% Interest In PPL 237 And Triceratops Structure And Exploration Acreage In Papua New Guinea From InterOil For USD 345 Million 27

Pacific Rubiales Energy Completes Acquisition of 49% Interest In Block Z-1 From BPZ Energy For USD 335 Million 29

Pacific Rubiales Energy To Acquire 33% Interest In Offshore Corentyne And Annex Licenses, Guyana From CGX Energy 31

EIG Global Makes Proposal To Acquire Pacific Exploration & Production 32

Catalyst Capital Rumored To Invest Up To USD 381.5 Million In Pacific Exploration 34

Pacific Rubiales Sells Interest In Pacific Midstream To International Financial Consortium For USD 320 Million 35

Pacific Rubiales Completes Sale Of 5% Interest In Oleoducto Central To Darby-Led Consortium For USD 385 Million 36

Pacific Rubiales To Form Joint Venture With Alfa To Develop Mexican Projects 38

CGX Energy Completes Private Placement Of Units For USD 36.1 Million 39

CGX Energy Completes Private Placement Of Units For USD 29 Million 41

PetroMagdalena Energy Completes Private Placement Of Shares For USD 2.7 Million 43

Frontera Energy Completes Private Placement Of 9.7% Senior Notes, Due 2023, For USD 350 Million 44

CGX Energy Completes Private Placement Of 5% Convertible Debentures, Due 2016 For USD 1.5 Million 45

Pacific Rubiales Completes Private Placement Of 5.625% Notes Due 2025 For USD 750 Million 46

Pacific Rubiales Energy Completes Public Offering Of 5.375% Notes Due 2019 For USD 1,300 Million 47

Pacific Rubiales Energy Completes Private Placement Of 5.125% Notes Due 2023 For USD 1 Billion 48

Petrominerales Completes Private Placement Of 3.25% Convertible Bonds Due 2017 For USD 400 Million 49

ExxonMobil Completes Acquisition Of Stake In PNG Blocks In Papua New Guinea From Frontera Energy For USD 57 Million 50

Amerisur Resources Completes Acquisition Of Interests In Four Oil And Gas Blocks In Colombia From Pacific Exploration For USD 4.9 Million 51

Canacol Energy Completes Acquisition Of 50% Interest In SSJN7 Block In Colombia From Pacific Exploration For USD 7.8 Million 53

Petrosouth Energy Completes Acquisition Of 70% Participating Interest In Cerrito Block In Colombia From Frontera Energy For USD 1 Million 54

Pacific Exploration Completes Sale Of 30% Interest In Block 131 In Peru To Cepsa For USD 25 Million 55

Pacific Exploration & Production Sells 30% Participating Interest In Block 131, Peru To Cepsa For USD 25 Million 56

Karoon Petroleo Completed Acquisition Of Remaining 35% Interest In Santos Basin Blocks, Offshore Brazil From Pacific Exploration For Up To USD 20.5 Million 57

QGEP Completes Acquisition Of Additional Interest In FZA-M-90, PAMA-M-265 And PAMA-M-337 Blocks, Offshore Brazil From Pacific Brasil For Approximately USD 40.8 Million 59

Gold Oil To Acquire Interest In Casanare Este Block From Pacific Exploration & Production For USD 0.15 Million 60

Petroamerica Completes Acquisition Of 50% Working Interest In Llanos-19 Block, Columbia From Pacific Stratus Energy For Up To USD 17 Million 61

Repsol To Acquire 5% Interest In Georgetown Block From CGX Energy 62

Pacific Rubiales Energy To Acquire 33% Interest In Offshore Corentyne And Annex Licenses, Guyana From CGX Energy 63

Calborn International Acquires 2.85% Sake In Pacific Rubiales Energy For USD 56.6 Million 64

Pacific Rubiales Energy Sells PetroMagdalena Energy To International Metals 65

Pacific Rubiales Energy Completes Acquisition Of Petrominerales, Oil And Gas Company, For USD 1.55 Billion 66

Pacific Rubiales Acquires 100% Interest In BCH International For Approximately USD 3.5 Million 68

Pacific Rubiales Energy Completes Acquisition Of C&C Energia, Oil And Gas Company, From Denham Capital For USD 626.6 Million 69

Petrominerales Completes Acquisition Of 75% Interest In Alvopetro, Oil And Gas Company, For USD 36.9 Million 71

Pacific Rubiales Energy Completes Acquisition Of Minority Stake In Pacific Infrastructure For USD 50 Million 72

Pacific Rubiales Energy Completes Acquisition Of Remaining 94.2% Interest In PetroMagdalena Energy For USD 216.2 Million 73

Petrominerales Completes Acquisition Of Veraz Petroleum Peru From Veraz Petroleum For USD 5 Million 75

Frontera Energy Corp, Key Competitors 76

Frontera Energy Corp, Key Employees 77

Frontera Energy Corp, Other Locations 78

Frontera Energy Corp, Subsidiaries 78

Frontera Energy Corp, Affiliate 80

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