Frontera Energy Corporation (TSX: FEC) announced its third quarter 2019 operational update. Colombia production decreased in 3Q19 compared to previous quarter, while the firm’s drilling campaign is advancing satisfactorily.
This was not a good quarter for oil prices and investors seemed to take it out on oil stocks. The good news is that Colombia-focused shares were not punished any worse than their global peers.
Eight ‘social leaders’ of Casanare are currently under arrest because, according to the Attorney General’s Office, they are part of an organized crime group that has been harassing Frontera Energy (TSE: FEC) in the region.