Brief: Frontera Energy's Board Determines Parex Proposal Not A 'Superior Proposal'
03/03/2026 07:32
March 3 (Reuters) - Frontera Energy Corp FEC.TO: FRONTERA PROVIDES UPDATE ON PROPOSAL FROM PAREX RESOURCES INC.; CONTINUES TO RECOMMEND TRANSACTION WITH GEOPARK FRONTERA ENERGY CORP - RECEIVES BINDING PROPOSAL FROM PAREX FOR $525 MILLION FRONTERA ENERGY CORP - BOARD DETERMINES PAREX PROPOSAL NOT A 'SUPERIOR PROPOSAL' FRONTERA ENERGY CORP - BOARD CONTINUES TO RECOMMEND GEOPARK ARRANGEMENT Source text: ID:nPnbB84v3a Further company coverage: FEC.TO ((Reuters.Briefs@thomsonreuters.com;))
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