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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
Comment by oilandgas111on Dec 18, 2011 5:26am
380 Views
Post# 19332595

RE: RE: Heritage just keeps on buying!!!

RE: RE: Heritage just keeps on buying!!!Don't know but if they keep buying at the same speed they will own over 20% of PFC within few months. I am betting on a takeover by heritage oil. They have a billion $ cash and don't know what to do with this cash.....
I just hope the takeover will be over $2.....
Anyone guess???
Bullboard Posts