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

Post by Fernando2010on Dec 19, 2012 9:52am

200 Views

Post# 20749837

average purchase price of HOC?

has any calculated the average purchase price of Heritage Oil? I understand that Heritage has been a periodic buyer from the 3 SP´days-

I think any take over intent by Statoil (or Total) would need to start at the average purchase price of HOC at a minimum, ir order to have any change of success.

Fernando

Bullboard Posts

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