Despite Parex's offer to acquire Frontera's assets, the board of directors recommends continuing business with GeoPark
GeoPark will take over Frontera Energy's business. Photo: Courtesy: Parex
TL;DR
- GeoPark will acquire Frontera Energy's business.
- Frontera Energy's board of directors recommends the GeoPark deal.
- Parex had also made an offer to acquire Frontera's assets.