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Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

Petrus Resources Ltd. is a Canadian energy company. The principal undertaking of the Company is the investment in energy business-related assets. The operations of the Company consist of the acquisition, development, exploration and exploitation of these assets. Its assets include Ferrier, North Ferrier, Thorsby and Foothills. Its core area, Ferrier, is a resource play. The Ferrier is a liquids rich Cardium gas play. North Ferrier is an extension of its core Ferrier area. Its Thorsby asset is located in the central part of the province. Its properties, located in the foothills of Alberta, are a more minor area for the Company.


TSX:PRQ - Post by User

Comment by Seppelton Jan 28, 2022 10:55am
158 Views
Post# 34371217

RE:RE:North Ferrier first operated well results

RE:RE:North Ferrier first operated well results

On its presentation, the well in north Ferrier drilled by Peyto (Petrus 17.5% WI) came out at 1138 boe/d IP30. I was expecting better results from its 100% owned well but realize it is producing at restricted rates.
Not clear if any follow up wells are planned in the near future. The focus this year is on Ferrier and will probably continue next year until its 100% owned processing facility is fully utilized.

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