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Frontera Energy
333 Bay Street, Suite 1100 , Toronto, Ontario, Canada

Memberships : NA
Industry : Oil & Gas
Basic Member
Since Dec, 2019
About Company

Frontera Energy Corporation is a Canadian public company and a leading explorer and producer of crude oil and natural gas, with operations focused in South America. The Company has a diversified portfolio of assets with interests in more than 40 exploration and production blocks in Colombia, Peru, Ecuador and Guyana. The Company’s strategy is focused on sustainable growth in production and reserves. Frontera is committed to conducting business safely, in a socially and environmentally responsible manner. Frontera’s common shares trade on the Toronto Stock Exchange under the ticker symbol “FEC”.

Frontera’s Values

  • INTEGRITY: To live with integrity is to always act with honesty and transparency. It also means following the laws of the countries in which we operate and working within the corporate governance framework of the Company
  • RESPECT: To live with respect is to recognize the value of each person and treat them kindly and empathetically. It means promoting an environment in which everyone feels included and recognized, whereby all employment-related decisions are made without personal bias.
  • COMMITMENT: To live with commitment is to foster a work environment where we act as a team, with honest communication and cooperation among all of us. It means being accountable for our own decisions and working toward the goals of the Company.
  • SUSTAINABILITY: To live with sustainability is to conduct our business in a safe, ethical and socially responsible manner, to promote the development of our communities, to work in harmony with the environment and maximize our economic development, and to ensure reliable results that generate long-term value.

Corporate Governance   

   Frontera Energy is committed to the highest standards of Corporate Governance and fully complies with applicable Canadian securities regulations.  In accordance with its mandate, the Board of Directors of Frontera Energy meets at least four times annually, and more frequently as required. At each regularly scheduled meeting, independent directors meet without members of management present.  The Board of Directors of Frontera Energy delegates certain responsibilities to the following standing committees:

  • The Audit Committee is mandated to monitor audit functions, the preparation of financial statements, review press releases on financial results, review other regulatory documents as required, and meet with outside auditors independently of management.  The primary role of the Audit Committee is to ensure that the Company’s management has designed and implemented an effective system of internal financial controls, and to review and report on the integrity of the consolidated financial statements of the Company and related financial information. In pursuing these objectives, the Audit Committee maintains effective working relations with the Board of Directors and management; monitors the relations with the external auditors; and reviews the effectiveness of the internal audit function.
  • The Compensation and Human Resources Committee determines the compensation for the Chief Executive Officer, and monitors the compensation for other senior executives and makes recommendations to the Board of Directors. It also reviews and recommends to the Board on compensation policy, including the determination of incentive programs, for the whole Company.
  • The Corporate Governance, Nominating and Sustainability Committee assists the Board by providing it with recommendations relating to corporate governance in general, including, without limitation: (a) all matters relating to the stewardship role of the Board in respect of the management of the Company, (b) Board size and composition, including the candidate selection process and the orientation of new members, (c) Board compensation, and (d) such procedures as may be necessary to allow the Board to function independently of management. The committee also oversees compliance with policies associated with an efficient and effective system of corporate governance. They assist the Board in carrying out the Company’s corporate sustainability policies, including environmental, social, health, safety and ethical matters, and is responsible for advising the Board, committees of the Board and executive management on such matters.

Strategy

The Company’s strategy is focused on sustainable growth in production and reserves. Frontera is committed to conducting business safely, in a socially and environmentally responsible manner.

Sustainability and responsible use of natural resources

Frontera Energy Corp. has the opportunity to use the natural resources of the countries where it operates in a responsible manner, generating sustainable development and greater social, regional and inter-generational equity, while achieving its goal of providing society with energy.  To achieve this goal, the Company seeks to exceed expectations for the area and reach beyond economic results.  Frontera Energy’s corporate vision aims to create value, hand-in-hand with its stakeholders, in order to build a mutually beneficial relationship that enhances everyone’s competitiveness and obtains the best results and innovative solutions to meet the needs of the surrounding areas, as well as creating opportunities for present and future generations.

Sustainability and Shared Value Model

In order to guarantee the sustainable and profitable performance of the business, Frontera Energy is continuously working to generate shared value while encouraging prosperity in the areas of influence. The Company has focused its efforts on seven commitments that promote value for its internal and external stakeholders:

Company NameFrontera Energy
Business CategoryOil & Gas
Address333 Bay Street
Suite 1100
Toronto
Ontario
Canada
ZIP: M5H 2R2
PresidentNA
Year EstablishedNA
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Crude Oil And Natural Gas Production
  • Crude Oil And Natural Gas Development
  • Crude Oil And Natural Gas Exploration
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***CEOLocked content
***CFOLocked content
***Corporate Vice President, Supply, Transportation & TradingLocked content
***Corporate Vice President, Operations, Development & Reservoir ManagementLocked content
***Corporate Vice President, Legal & Head of Legal ColombiaLocked content
***Corporate Vice President, Strategy & PlanningLocked content
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