September 26, 2017

Frontera Energy Corp (FEC.TO) is seeking to declare force majeure due to protests by Amazonian tribes in Peru that have halted its operations in the country’s biggest oil block, Peru’s energy regulator Perupetro said Tuesday…Perupetro said it was evaluating the Canadian company’s request to allow it to legally suspend contractual obligations due to an event outside of its control, after indigenous protesters seized its oil wells in Block 192 last week over a dispute with the government…Frontera did not immediately respond to requests for comment…Frontera has not produced oil from Block 192 since September 18, when the protests began, according to Perupetro. The oilfield produced some 9,500 barrels per day in August…The pipeline, which transports crude from Amazonian oilfields to the Pacific coast, was shut down in early 2016 after spilling oil in the Amazon and only became fully operational earlier on Tuesday.