10:15 AM EST - Frontera Energy Corporation : Announced a third-quarter 2019 operational update and notice of financial results and conference call. All values in this news release and the Company's financial disclosures are in United States dollars, unless otherwise noted. Frontera delivered estimated third quarter 2019 production of 70,200 boe/d in-line with 2019 year to date production of 70,820 boe/d, both of which are above the high end of the Company's annual production guidance range of 65,000 to 70,000 boe/d. So far in October, production is over 73,000 boe/d reflecting stable production from Colombia and Peru. Production was weighted over 97% to Brent exposed oil prices, which averaged $62.03/bbl, with Colombia production receiving Vasconia prices, which averaged $2.30/bbl discount to Brent during the third quarter of 2019. This compares to an average Brent oil price in the second quarter of 2019 of $68.47/bbl and a Vasconia discount of $2.03/bbl. Frontera Energy Corporation
shares T.FEC are trading unchanged at $10.86.
