Petrus Resources Ltd T.PRQ

Alternate Symbol(s): PTRUF

Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid 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. The Company is also evaluating Kakwa, an early-stage Dunvegan oil play, for potential further long term development.

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Petrus Resources Ltd

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Post by schmoltzieon Oct 12, 2010 12:51pm

594 Views

Post# 17554320

I'm in

I have been watching this one for over a year, and it's time to buy.

Excellent takeover target, great drilling success, operates lean, 3.5% divi, estimated cold winter coming.

Scotia has a one year price target of 15.75.

Long's are probably a little tired of spining their wheels, but hang in there.

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