Frontera Energy Corporation (TSX: FEC) (“Frontera” or the “Company”) announced today the release of its interim condensed consolidated financial statements for the third quarter of 2017, together with its management discussion and analysis (“MD&A”). These documents will be posted on the Company’s website at www.fronteraenergy.ca and SEDAR at www.sedar.com. The financial information contained herein is reported in United States dollars and is in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board, unless otherwise noted.
As quoted in the press release:
Barry Larson, Chief Executive Officer of the Company, commented:
“Earlier this year Frontera undertook a comprehensive reservoir optimization and technical review of its producing assets. During the third quarter, these studies have begun to exhibit successful results. Additional value creating operational practices including pressure maintenance projects, dual completions and multi-lateral field development will be implemented over the next twelve months.