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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
Post by benjamin37on Apr 28, 2014 1:38pm
274 Views
Post# 22498758

Re fourth Quarter

Re fourth QuarterThe $10, million raised in return for 15.3 million shares works out to approx. 69 cents a share. A bargain for the lender. When stat hits oil these Shares will move up rapidly to the $3.00 dollar mark and higher depending on the size of the pool. If it is another bakken Sky is the limit. Current stock trading price @ .31 is way to low. Do not understand anyone selling at this price. Trade should now be at min. 60 - 75 cent range and higher. Hold and you will be well rewarded. The potential is huge, why do you think stat oil is involved, they know what is there. They are the Experts in this field look at their success story.
Bullboard Posts