July 11, 2014 8:06 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Frontier Oil Corporation

Company Overview

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.

Zaragoza Building

4th Floor

102 Gamboa Street

Legaspi Village

Makati,  

Philippines

20 Employees

Phone:

63 2 478 5854

Fax:

63 2 817 2755

Key Executives for Frontier Oil Corporation

Chief Executive Officer
Age: 36
Chief Operating Officer
Age: 56
Corporate Secretary and Treasurer
Age: 55
Administration Officer
Age: 37
Vice President and Director
Age: 67
Compensation as of Fiscal Year 2014.

Frontier Oil Corporation Key Developments

Frontier Oil Defers IPO To End Of 2013

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

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

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."

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 7, 2013
--
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Frontier Oil Corporation, please visit www.frontieroilcorp.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.