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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.


TSXV:PFC - Post by User

PetroFrontier Corp
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Comment by ShareSeekeron Jun 29, 2013 7:01pm
28 Views
Post# 21581646

RE:No News about JV Amendments

RE:No News about JV AmendmentsI don't think the approval process should not be an issue.  We are looking at one foreign company transfering ownership to another foreign company.. And not away from a domestic, in this case. Plus the foreign company (Statoil) is a well recognized O & G company with operations in more then 30 countries. I'm looking forward to a well recognized company like Statiol steering this ship towards success.  
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