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Frontera reported a Q4 2025 net loss of $663 million, including a $603 million non-cash impairment from the Colombian E&P divestment. The company met its guidance with 2025 average production of 39,011 boed and operating EBITDA of $308 million.

A definitive agreement was signed with Parex for the sale of Colombian assets for approximately $750 million, expecting to return $470 million to shareholders. Frontera will focus on infrastructure, leveraging its interests in ODL and Puerto Bahía, and pursuing growth opportunities including an LNG regasification project with Ecopetrol.