On May 9, 2025, Frontera Energy Corporation announced a cash tender offer and consent solicitation for up to US$65 million of its outstanding 7.875 percent senior secured notes due 2028. The offer aims to repurchase a portion of the US$400 million notes issued in 2021, enhancing the company's financial flexibility. Noteholders who tender their notes by the early deadline of May 23, 2025, are eligible for a total consideration of US$700 per US$1,000 principal amount, which includes an early tender and consent payment of US$50. Those who tender after this date but before the expiration on June 9, 2025, will receive US$650 per US$1,000 principal amount. The offer is subject to conditions, including obtaining satisfactory debt financing and receiving requisite consents for proposed amendments to the indenture governing the notes. Citigroup Global Markets Inc. and Itaú BBA USA Securities, Inc. are acting as dealer managers and solicitation agents, with Morrow Sodali International LLC serving as the information and tender agent.