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Bullboard - Stock Discussion Forum Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in... see more

TSX:FEC - Post Discussion

Frontera Energy Corp > Back of the napkin estimate …
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Post by Frank007 on Nov 18, 2023 6:17pm

Back of the napkin estimate …

The oil sands in Alberta have 10% oil in place per cubic meter ...if this area is as the kawa well showed is over 100 ft in all zones then there is potentially ...900 million to a billion barrels of recoverable oil.....so I would hang in or buy  a few more shares right now as it sure seems to me by the number of shares traded daily that there is something going on behind the curtain ...I obviously am a bull.... ..wonder how cgx originally picked these area to bid on since they were here before Exxon or anyone else ....did not have very good geologists I guess ....oh well ....Christe I believe estimated about a billion too ....fingers crossed she and I are right ....
Comment by jello65 on Nov 22, 2023 11:07am
Thanks you Frankie!!
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