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

Bullboard Posts

Comment by Schillon Nov 26, 2012 11:07am

275 Views

Post# 20643587

RE: RE: RE: RE: RE: Question about wet season

Not so fast with the young horses.

I think new highs would come, if all three holes would show +100 bpd production rates. All three holes hitting would indicate a very big potential of the concessions PFC has.

I don't think, that with only the first well showing potential economic production, that this would be enough. Even if the first well would show surprisingly high production rates for shale oil, i.e. ~500 bpd i don't think we would come even close to the ATH. But above 1,00 should be in the reach.

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