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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 Rostic5on Apr 16, 2014 1:17pm
210 Views
Post# 22459110

RE:RE:RE:bullish forecast

RE:RE:RE:bullish forecast
What i like about PFC is they only have shares out: 79.6m
No dept / Cash in the bank - 10mil
and Statoil farmin - next 3 years no cash obligation

doing a comparison - this still looks far more attractive than many other companies ive seen in same position

28days to complete first well - should have some news in next two weeks

with  production testing in Q3 - anything is possible
Bullboard Posts