Oil, Gas and Consumable Fuels
Company Overview of Frontier Oil Corporation
Frontier Oil Corporation is engaged in the exploration and development of oil and gas properties in the Philippines. It holds interests and/or rights to interests in four active exploration service contracts in the areas of Northwest Palawan, Cagayan Valley, Southwest Palawan, and East Visayas. The company is headquartered in Makati, the Philippines.
102 Gamboa Street
Key Executives for Frontier Oil Corporation
Corporate Secretary and Treasurer
Vice President and Director
Compensation as of Fiscal Year 2014.
Frontier Oil Corporation Key Developments
Frontier Oil Defers IPO To End Of 2013
Jul 4 13
Frontier Oil Corporation has deferred its initial public offering (IPO) to the end of 2013 instead of the original June 2013. Kristoffer Fellowes, Chief Executive Officer of Frontier Oil, said "The company has already sparked the interest of a number of known business individuals and is planning to further strengthen the Company's board ahead of a what promises to be successful float on the exchange prior to year end. Frontier is now moving rapidly towards commercially exploiting both Service Contract 52 and the second of its major projects, the Calauit oilfield, which lies in Service Contract 50 offshore north-western Palawan and is also operated by Frontier."
Frontier Oil Plans IPO In May Or June 2013
Mar 11 13
Frontier Oil Corporation is considering an initial public offering (IPO) in May 2013 or June 2013 to raise PHP 1.6 billion. Frontier Oil Chief Executive Officer, Kris Fellowes, said, "The economy at the moment is extremely robust. In terms of an IPO, it’s a brilliant condition. The timing is perfect. Fifteen to 18 months from the IPO we would focus on the onshore gas find in Service Contract 52 and offshore gas find in Service Contract 50." Fellowes added that the proceeds of the fundraising activity would focus on bringing their onshore gas project and offshore oil field into commercial operations within the next two years.
Frontier Oil Plans IPO
Feb 16 13
Frontier Oil Corporation is planning for initial public offering before the third quarter of 2013. Kristoffer Fellowes, Chief Executive Officer of Frontier Oil, said, "Along with the recent encouraging results shown by the SC 52 competent person’s report, the company stands well placed in anticipation of its IPO in late second quarter 2013."
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