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PetroFrontier Corp V.PFC

Alternate Symbol(s):  PFRRF

PetroFrontier Corp. is a Canada-based junior energy company focused on resource development in partnership with First Nations and operates heavy oil projects in the Cold Lake and Wabasca areas of Alberta. This development consists of the primary recovery of heavy oil utilizing conventional perforated wells (vertical and horizontal) and the intentional production of sand with the oil; a process referred to as cold heavy oil production with sand (CHOPS). The Company has interests in approximately 4,368 gross (4,072 net) hectares arising under several joint operations with the wholly owned energy companies of the Cold Lake First Nations (CLFN). It also has a joint venture agreement with the wholly owned energy company of the Bigstone Cree Nation (BCN), covering four sections under which 512 gross (462 net) hectares in the Wabasca area of north-central Alberta.


TSXV:PFC - Post by User

Bullboard Posts
Post by oilspringson Jun 05, 2012 8:00am
274 Views
Post# 19980175

Petrex

Petrex

also noticed  that the property in saskatchewan was sold off to Petrex (owned by texaltas founder Bill Nixon) i wondered if that was the case, makes you wonder if us average texalta shareholder got ripped off for the price they sold to Petrofrontier, at the time of the deal the only asset petrofontier had that texalta didn,t was the farm-in on barakas permits, which you could argue wasn,t worth anymore than texaltas canadian assets

Bullboard Posts