May 9 (Reuters) - Frontera Energy Corp FEC.TO :
* FRONTERA ANNOUNCES STRONG FIRST QUARTER 2019 RESULTS
* QTRLY EARNINGS PER SHARE $0.47
* QTRLY PRODUCTION AVERAGED 67,974 BOE/D, A DECREASE OF 5% COMPARED TO Q4 OF 2018
* QTRLY COLOMBIA PRODUCTION INCREASED 4% COMPARED TO Q4 OF 2018
* OPERATING NETBACK DURING Q1 WAS $30.23/BOE, 28% HIGHER THAN IN Q4 OF 2018
* QTRLY PRODUCTION COSTS OF $70 MILLION WERE 17% LOWER THAN Q4 OF 2018
* QTRLY TRANSPORTATION COSTS OF $72 MILLION WERE 5% LOWER THAN BOTH Q4 OF 2018 AND Q1 OF 2018
* QTRLY REVENUE $378 MILLION VERSUS $284 MILLION
* BRENT OIL BENCHMARK PRICE AVERAGED $63.83/BBL DURING Q1 VERSUS $68.60/BBL IN Q4 2018
* FRONTERA ENERGY - REITERATES ANNUAL GUIDANCE METRICS FOR PRODUCTION BETWEEN 65,000 TO 70,000 BOE/D
* ALSO REITERATES ANNUAL GUIDANCE METRICS FOR OPERATING EBITDA AND CAPITAL EXPENDITURES
* Q1 EARNINGS PER SHARE VIEW $0.39, REVENUE VIEW $402.5 MILLION -- REFINITIV IBES DATA