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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 llerrad5on Jun 17, 2022 11:58am
109 Views
Post# 34764774

RE:RE:Suggestion-Modified Royalty Trust

RE:RE:Suggestion-Modified Royalty TrustThe whole Nat GAs sector was over bought.

Usually when that happens there is a correction caused by some small or large event.

Freeport was the catalyst this time.

I own 5 or 6 intermidiate O and G stocks.
They all needed a wake up call. I'm holding.

Now to find a bottom and work our way up again hopefully to higher highs.

PRQ is relatively small and the market would love to see the debt paid down.

Due to the climate change activists, it's not easy finding financing these days.

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