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 14, 2011 11:09am

203 Views

Post# 19149295

RE: RE: RE: 1.42 now

We are down 22% on huge volume (already 1 million shares). This is mainly due to president resignation.
Investors just ask themselves why a president is resigning at 1.5 months before historical test result if he feel that they can crack the code. Investors see it as a lack of confidence from the president that they can make it flow economically. That's all.
It dont bode well for the future of PFC.....
Anyway we will see in 1.5-2 months time....... Nobody knows for sure.
Best
J.

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