09:56 AM EST - Frontera Energy Corporation : Has approved the commencement of a substantial issuer bid pursuant to which the Company will offer to purchase from shareholders for cancellation up to $65 million of its outstanding common shares. The Offer will proceed by way of a "modified Dutch auction" procedure with a tender price range from $11.00 to $13.00 per Share. Frontera Energy Corporation
shares T.FEC are trading up $0.15 at $10.71.
