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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
Post by zendaon Dec 06, 2012 8:56am
300 Views
Post# 20691405

Heritage buying

Heritage buying

LONDON, Dec 6 (Reuters) - Heritage Oil PLC :
 * Heritage Oil announces acquisition of common shares of
petrofrontier corp.
 * Acquired 1,800,000 common shares of Petrofrontier Corp
representing 2.27% of
             

the outstanding shares
 * Shares acquired through facilities of tsx venture exchange
for a price of
             

CDN$166,320

 

Bullboard Posts