Brief: Frontera Says Has In Principle Come To Mutual Agreement With Government Of Guyana To Relinquish Demerara Block

Frontera Energy

17/06/2022 24:34

June 16 (Reuters) - Frontera Energy Corp  FEC.TO :
    * FRONTERA PROVIDES UPDATE ON EXPLORATION BLOCK OFFSHORE
GUYANA
    * FRONTERA ENERGY- FOLLOWING CONSTRUCTIVE DISCUSSIONS WITH
GOVERNMENT OF GUYANA, JV WILL FOCUS EXCLUSIVELY ON EXPLORATION
OPPORTUNITIES IN CORENTYNE BLOCK
    * HAS IN PRINCIPLE COME TO MUTUAL AGREEMENT WITH GOVERNMENT
OF
GUYANA TO RELINQUISH DEMERARA BLOCK
    * WEI-1 EXPLORATION WELL, EXPECTED TO BE SPUD IN 3Q'22

Source text for Eikon:  ID:nCNWl3RkMa 
Further company coverage:  FEC.TO 

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