Brief: Frontera Energy Transportation Costs Are Expected To Average $10.00-$11.00 Per BOE In 2022

Frontera Energy

17/02/2022 02:37

Feb 16 (Reuters) - Frontera Energy Corp  FEC.TO :
    * TRANSPORTATION COSTS ARE EXPECTED TO AVERAGE $10.00-$11.00
PER
BOE IN 2022
    * SEES $575 - $625 MILLION OPERATING EBITDA AT $90/BBL BRENT
IN
2022
    * FRONTERA INTENDS TO RENEW ITS NCIB TO PERMIT PURCHASES UP
TO 10%
OF ITS OUTSTANDING FLOAT OVER NEXT YEAR
    * SEES 2022 FULL YEAR AVERAGE DAILY PRODUCTION AT 40,000 -
43,000
BOED
    * SEES 2022 FULL YEAR CAPEX AT $340 MILLION - $396 MILLION

Source text for Eikon:  ID:nPn2mXkj9a 
Further company coverage:  FEC.TO 

 ((Reuters.Briefs@thomsonreuters.com;))