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Frontera Energy says Parex offer superior proposal to previous Geopark bid

BOGOTA, March 6 (Reuters) - Frontera Energy Corporation said in a statement late on Thursday that its board, in consultation with its external legal counsel and independent financial advisors, has determined that the binding offer received from Parex Resources Inc. to acquire its Colombian upstream operations is superior proposal to another bid previously received from Geopark.

(Reporting by Julia Symmes Cobb)

((julia.cobb@thomsonreuters.com))

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