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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

International Frontier Resources Corporation (IFR) is a Canadian company that is focused on advancing oil and gas projects. The Company, through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera), is advancing the development of petroleum and natural gas assets in Mexico. IFR also has projects in Canada and the United States, including the Northwest Territories and Montana.


TSXV:IFR - Post by User

Comment by sebastian2on Oct 19, 2010 10:44am
306 Views
Post# 17581686

RE: IFR status

RE: IFR statusYou raise exactly the same points I'm struggling with 

   I don't understand  why MVP is a must for them though.  It would run parallel to the existing pipeline which is stated to have excess capacity of 60% (only 405 utilized).  Looking at the map of the discovery of economic wells and the existing pipeline the wells are about 30-50 km outside the existing pipeline.  Looking at the proposed MVP it would not bring them closer as for all the well locations it would be parallele to the existing pipeline so I don't see how a tie in into a new MVP is a must.  Why not tie into exisiting pipeline?  Is the cost of running 50 km too high?   It seems that they would still need to run a long tie in for the proposed pipeline anyways.   

    The only advantage I could see would be for further fields north of Norman Wells but there are no economic discoveries there with only one well P-45 drilled past this point designated D&A so what am I missing here??



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