|Bid||12.25 x N/A|
|Ask||12.64 x N/A|
|Day's Range||12.29 - 13.06|
|52 Week Range||9.00 - 15.95|
|Beta (5Y Monthly)||2.10|
|PE Ratio (TTM)||1.31|
|Earnings Date||Feb 28, 2023 - Mar 06, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Apr 01, 2020|
|1y Target Est||16.63|
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Oil and gas producers CGX Energy Inc and Frontera Energy Corp said on Monday their joint venture had begun drilling Wei-1 well offshore Guyana. The joint venture was scheduled to begin drilling last year November, but delayed it as contractor Noble Corp was tied up with obligations in Trinidad. Wei-1 is one of two wells on Guyana's Corentyne block that the companies have committed to drill.
CGX Energy Inc. (TSXV: OYL) ("CGX") and Frontera Energy Corporation (TSX: FEC) ("Frontera"), joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne block offshore Guyana (the "License"), announce today that the Joint Venture has spud the Wei-1 well, on the Corentyne block, approximately 200 kilometres offshore from Georgetown, Guyana.
Today we will run through one way of estimating the intrinsic value of Frontera Energy Corporation ( TSE:FEC ) by...