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

Comment by oilandgas111on Oct 11, 2011 12:46pm

250 Views

Post# 19137290

RE: Oilandgas111 is correct

Honestly I am not here to bash.
I just want to temper some pumper who does not see the reality.
This is a stock with high reward YES but this is a stock with high risk YES (5% chance for the unconventional part to economically flow oil). If the risk was low the sock would be priced 10 times more than this. But this is not the case.....
As I said before we already know there is oil from 29 wells drilled so to say there is oil is a non information. But the 1 million dollar question is Can we make it flow economically ????? Result due in 1.5 to 2 months.
But honestly I will buy just only if IP is over 1000bpd otherwise uneconomic.
Best

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