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Frontera Energy Corporation

10:03 AM EST - Frontera Energy Corporation : Has declared a dividend of C$0.205 per common share, which will be paid on or about January 17, 2020 to shareholders of record at the close of business on January 3, 2020. The Company's Board of Directors dividend policy is to pay a quarterly dividend of approximately $15 million U.S. during periods in which Brent oil prices sustain an average price of $60 U.S. /bbl or higher. Frontera Energy Corporation shares T.FEC are trading up $0.11 at $11.25.