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Frontera Energy Corporation

11:14 AM EST - Frontera Energy Corporation : And CGX Energy Inc. joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana announce today its continued commitment to drill the Wei-1 well and that final preparations are complete in advance of spudding the Wei-1 well, which follows the discovery of light oil and gas condensate at the Kawa-1 well earlier this year. Frontera Energy Corporation shares T.FEC are trading down $0.21 at $10.50.