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acquisitionAnnounced · Feb 23, 2026Oil and GasSource · CredibleArticle · Factual
Parex Resources acquires Frontera Energy
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$500M
Target
Frontera Energy
OTC: FECCF · Calgary, Alberta
Acquirer
Parex Resources
Full Acquisition
Status
Proposed
Parex Resources agreed to acquire Frontera Energy. Reported deal value: $500M. Status: Proposed. Sector: Oil and Gas. Target headquarters context: Calgary, Alberta, Canada.
This page summarizes publicly available information about the transaction as of 2026-02-23. Figures and status may change as filings and press coverage update.
Parex Resources Inc. , announced today that it has submitted an acquisition proposal to the Board of Directors of Frontera Energy Corporation to acquire all of Frontera Colombian upstream business in an all-cash offer for
Deal timeline
Announced
Feb 23, 2026 · boereport.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Oil and Gas with a reported deal value of $500M. Figures and status may change as sources update.
Sources: boereport.com · Primary article · FireStrike proprietary index