BRIEF-Parex Resources Announces Proposal To Acquire Frontera Energy’S Colombian E&P Assets For $500 Mln

Feb 23 (Reuters) - Frontera Energy Corp FEC.TO:

PAREX RESOURCES ANNOUNCES PROPOSAL TO ACQUIRE FRONTERA ENERGY’S COLOMBIAN E&P ASSETS
PAREX RESOURCES- PROPOSAL TO BUY FRONTERA'S COLOMBIAN BUSINESS FOR $500 MILLION
PAREX RESOURCES- PROPOSAL REPRESENTS $125 MILLION PREMIUM COMPARED TO THE EXISTING ACQUISITION AGREEMENT

Source text: ID:nGNX2rDfqP

Further company coverage: FEC.TO

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