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PetroFrontier Corp V.PFC

Alternate Symbol(s):  PFRRF

Energy Oil & Gas E&P
PetroFrontier Corp. is a Canada-based junior energy company. The Company is engaged in exploring for and the production of petroleum and natural gas in western Canada. It is focused on developing two Mannville heavy oil plays in the Cold Lake and Wabasca areas of Alberta. The Company has interests in approximately 16 gross (15 net) sections arising from several joint operations with the wholly owned energy companies of the Cold Lake First Nations (CLFN). The Company also has a joint venture agreement with the wholly owned energy company of the Bigstone Cree Nation (BCN), covering 1,024 gross (922 net) hectares in the Wabasca area of north-central Alberta, of which half has been earned as a leasehold interest. Those interests are located between CNRL’s prolific Brintnell enhanced oil recovery project producing approximately 50,000 bop/d of heavy oil and Cenovus’ proposed 10,000 bop/d thermal heavy oil project.


TSXV:PFC - Post by User

PetroFrontier Corp
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Comment by mining_pays_my_billson Jun 06, 2014 7:49am
234 Views
Post# 22636378

RE:I say to each and everyone on this board

RE:I say to each and everyone on this boardStockeditor- I'm sorry my last post about you was a little harsh. In any event oil has been discovered as link on Roadsters last post shows- cores that PFC drilled in 2012 were seeping oil. Problem is at this point it is not RECOVERABLE oil. Ozboil had stated many times the challenges associated with extracting oil with PFC sspecific set of conditions. Does Statoil have the technology to do it, or a different approach that will work? No one can confirm that, that is where all the speculation lies. Personally I am hopeful, but I could be wrong. If they fail I think this goes down to 7 or 8 cents. It went from 35 to 9 last time PFC said they weren't able to recover oil from Owen well (dec 2012)
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Dealroom for high-potential pre-IPO opportunities
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