FRONTERA'S For more financial and operational information, we recommend you review our 2016 Management Discussion & Analysis on our website: http://www.fronteraenergy.ca/es/reportes-y-presentaciones/. On November 30, 2016, the Company and CEPSA (Compañía Española de Petróleos) Peru entered into an agreement whereby CEPSA agreed to acquire the Company’s 30% participating interest in the Licence Agreement for Block 131, in which CEPSA Peru is the operator.