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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 mining_pays_my_billson Mar 26, 2014 11:19pm
113 Views
Post# 22373757

RE:question not answered

RE:question not answeredWell the work plan says ' drilling results' in Q3, so I guess many have interpreted that to mean actual drilling in Q2 with an additional quarter for interpretation. Drilling might start in April (key word 'might') and that might pop the share price a little, but results or anything that will really pop the share price long term will be in Q3. This play is high reward but patience is needed, it really is for longs.
Bullboard Posts