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PetroFrontier Corp V.PFC

Alternate Symbol(s):  PFRRF

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

Bullboard Posts
Post by Firetrainon Mar 22, 2011 5:38pm
885 Views
Post# 18324201

Maquarie Target - 12 mo

Maquarie Target - 12 mo
RENAV $ 20.24/share

Unrisked - $ 393.56/share - Whoa Betsy!  Only the P50 estimate too!

I have not come across any other play with this much upside potential while still at the ground floor, ever.  How many untested basins remain in politiaclly stable countries?

TAG oil is great, but only has 4.6% of the OOIP that PFC has.  If TAG is sitting at $7, PFC is handing out money up to ....well...you be the judge.  $40+???  TAG used to trade at $3 before anything was drilled.  2 weeks until the drill hits the ground? 

All I can say is wow.  Anyone else have a potential 112 bagger that's still cheep?

GLTA
Bullboard Posts