Yellow Jersey29 Oct 2018 16:33
. In our opinion, this should be seen as a preliminary step towards a potential full-scale partnership between Frontera and BHGE, which would incorporate both a commercial/funding element and technical/operational element. We are not surprised that a global leader in oilfield services has entered an MOU with Frontera given our positive appreciation of Frontera’s assets and their meaningful scale. We believe BHGE would be an ideal partner for Frontera given the breadth of their expertise, global operations and technical leadership in the oilfield services sector.