Frontera Resources Corporation announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue - crude oil & natural gas sales of $3,116,970 compared to $3,712,058 a year ago. Loss from operations was $14,398,278 compared to $14,967,006 a year ago. Net loss and comprehensive loss was $14,967,006 or $0.004 per basic and diluted share compared to $20,519,661 or $0.007 per basic and diluted share a year ago. Net cash used in operating activities was $8,084,058 compared to $7,944,926 a year ago. Investment in oil and gas properties was $2,238,407 compared to $1,039,962 a year ago. Investment in property and equipment was $95,855 compared to $411,165 a year ago.