Frontera Energy to Sell Colombian Assets to Geopark for Up to $400 Million

Frontera Energy will sell its Colombian exploration and production assets to Geopark for up to $400m. The deal, expected to close in H2 2026, includes an immediate payment of $375m and an additional $25m contingent on development milestones. Frontera will retain its infrastructure operations, including its stakes in ODL and Puerto Bahía, and plans to distribute approximately $370m to shareholders pending approval.