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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Post by silverbaronalbeon Sep 18, 2015 8:18pm

152 Views

Post# 24117645

Status of search for a transaction -

Mar 2/15 GMP Securities retained to help management find some kind of transaction. I know they
would not offer updates but surely management must start to consider winding down this company if
a deal is not found soon or if not by Mar 2/16. Otherwise they would be wasting shareholders money
on rent and their salarlies. I can't believe GMP has not found something, especially a reverse take-
over or joint venture.

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