Frontera signs deal to supply crude oil to Chevron unit for up to $120 million
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Frontera Energy's Colombian unit has signed a prepayment and commercial agreement with Chevron worth up to $120 million to supply crude oil over two years. The deal includes an initial $80 million advance, with the possibility of an additional $40 million advance. This agreement replaces an existing prepayment arrangement set to expire in January 2026. Frontera operates mainly in Colombia and Ecuador.
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