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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

Energy Oil & Gas E&P
International Frontier Resources Corporation is a Canadian company, which is focused on advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. It also has projects in Canada and the United States, including the Northwest Territories, and Montana.


TSXV:IFR - Post by User

International Frontier Resources Corp
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Comment by davidmb4on Jul 28, 2011 11:16pm
365 Views
Post# 18885838

RE: 35 wells are on IFR lands

RE: 35 wells are on IFR landsI believe you are not reading it correctly.
Here is what is on their website: (I placed the bold)
"As of April 15, 2011 there have been 34 wells licensed, and or drilled, on the Blackfeet Reserve"


"Our title acreage is located in the heart of the play and within close proximity, and in some cases, directly offsetting discovery wells drilled by Anschutz, Newfield and Rosetta."


You must understand that IFR owns a small portion of land in the Blackfeet Reserve. They own prospective ground but no wells have been drilled on their property yet. Their lands have been leased out to major oil drillers. The closest well being drilled is 1/2 mile away (but not on their property). Just peruse through their past few news releases.


David.


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