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Frontera Energy Corporation

09:53 AM EST - Frontera Energy Corporation : Announced today that the joint venture with CGX Energy Inc. has successfully reached total depth (TD) of 20,450' on the Wei-1BP1 (Wei-1 bypass exploration and appraisal well or the "Well"). The original Wei-1 wellbore reached a depth of 19,142'. A bypass well (Wei-1BP1) was drilled from 18,757' to total depth and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block. Frontera Energy Corporation shares T.FEC are trading up $0.39 at $11.88.