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.

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PetroFrontier Corp

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Post by Fernando2010on Nov 11, 2012 4:56pm

402 Views

Post# 20586815

Technical question about Owen

Dir sirs:

On oct 12, Petrofrontier issued a press release stating the following:

"A successful hydraulic stimulation was performed on the Owen-3H well over ten open-hole stages. PetroFrontier is very encouraged by the low fluid injection pressures and high injection rates evident during the stimulation."

Can someone with a technical background please explain (in simple words, please) why Petrofrontier is encouraged because of "low fluid injection pressures" and "high injection rates"? what does it mean for the potential outcome of the well?

Apologies for my ignorance

Thanks in advance

Fernando

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