http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 10 Mar 2026 23:42:00 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/Press+Releases/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/ca.ab.calgry" idsrc="xmltag.org" >CALGARY, AB</location></span>, <span class="legendSpanClass"><chron>March 10, 2026</chron></span> /PRNewswire/ - Frontera Energy Corporation (TSX: <span>FEC</span>) ("<b>Frontera</b>" or the "<b>Company</b>") announces it has entered into a definitive arrangement agreement with <span value="Toronto:PXT" idsrc="xmltag.org" >Parex Resources Inc.</span> (TSX: PXT) ("<b><span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span></b>") (the "<b>Parex Arrangement Agreement</b>"), pursuant to which <span value="ACORN:1057608756" idsrc="xmltag.org" >Parex</span> will acquire Frontera's upstream Colombian exploration and production business (the "<b>Frontera E&amp;P Assets</b>") for an equity consideration of up to <money>$525 million</money> (the "<b>Parex Arrangement</b>" or the "<b>Transaction</b>"), including <money>$500 million</money> payable upon closing and a <money>$25 million</money> contingent payment payable upon execution of the contractual http://www.streetinsider.com/PRNewswire/FRONTERA+ANNOUNCES+DEFINITIVE+AGREEMENT+WITH+PAREX+TO+DIVEST+ITS+COLOMBIAN+E%26amp%3BP+ASSETS+PORTFOLIO+FOR+A+FIRM+VALUE+OF+APPROXIMATELY+%24750+MILLION%2C+INCLUDING+%24525+MILLION+EQUITY+CONSIDERATION/26141523.html Tue, 10 Mar 2026 23:42:00 -0400 A.00136918 A.10576087 A.10842323 A.32764620 A.42870292 A.50205007 A.50216707 FEC O.00428636 O.00650319 O.00786556 O.00787329 O.01200362 O.03258580 O.08199374 O.09898978 O.22327358 PXT