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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 Aug 03, 2014 11:25pm
257 Views
Post# 22806618

RE:Touching Vugs, et al……….

RE:Touching Vugs, et al……….@Oz- thanks so much for that info. Very helpful. I still believe PFC has tremendous upside. If, after this is all over, its a failure I'll be the first to admit I made a bad bet with this company. But for now I see no reason to draw that conclusion, like some on this board already have. Ive been in this company for 2 years ive read every line of every NR, and since the JV with Statoil, PFC has accomplished every single thing they've set out to do, right down to the estimated net pay thickness of the areas they were targeting. I can see why they and Statoil are 'very happy' with the drilling thus far. They know what theyre after and theyre getting it. Unfortunately investors want it in a different time frame, they want it now. Rome wasnt built overnight.
Bullboard Posts

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