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

Bullboard Posts

Post by oilandgas111on Oct 11, 2011 9:32am

310 Views

Post# 19136289

Market not very excited in a up market

Market is not very excited by this result in a up market because as it stated in the news release it is still "high risk". As I said before we knew there is oil so the one million dollar question is will it flow at economic rate ??? We will have the answer in about 1.5-2 months. But the chance of success is still at 5%.....

Bullboard Posts

The deep connection between mining and First Nations in Canada