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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 oilspringson Jan 18, 2013 6:58am
192 Views
Post# 20855027

RE: Heritage Oil has bought a steak in PFC Not ROZ

RE: Heritage Oil has bought a steak in PFC Not ROZ

thanks fiscal,  rodinia was always considered a very high risk venture, which is why management of roz invested in the georgina basin to begin with, it took them nearly six months last year from the time of the initail announcement that pfc was searching for a partner until they announced the statoil deal in june, so although im hoping something happens quicker this year , im not expecting it, i think it would have to be a pretty good offer for pfc to sell at this point and not try and find the money to complete what little is left in the phase one committment

Bullboard Posts

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