Oil and Gas
Parex Resources to Acquire Frontera Energy’s Colombian E&P Assets
Parex Resources (TSX: PXT) said March 10 that it entered into an agreement to acquire 100% of Frontera Energy's (TSX: FEC) exploration and production assets in Colombia for $500 million in upfront cash, the assumption of $225 million in net debt and a contingent payment of up to $25 million. The deal supersedes a prior […]