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Petromin Resources Ltd. V.PTR.H

Energy
"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property."


TSXV:PTR.H - Post by User

Petromin Resources Ltd. > Valuation for PTR's Gilby & Morningside just doubled
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Comment by shaker13on Feb 11, 2017 12:20am
179 Views
Post# 25832257

RE:Valuation for PTR's Gilby & Morningside just doubled

RE:Valuation for PTR's Gilby & Morningside just doubledhttps://boereport.com/2017/02/09/february-8-alberta-landsale-result-is-best-in-over-2-years/

This is close to where I live and it's what everyone is talking about.
The word going around is the Prince from the Middle East who bought the Nova Chemical plant at Joffre (by Red Deer)
https://www.novachem.com/Pages/home.aspx
wants to build it up to three times the size and use the gas rich liquids from the Duvernay for feedstock.

Also rumours that Dow Chemical at Prentiss (by Red Deer) has plans afoot to do the same
https://www.dow.com/canada/prentiss/

Bets are on that the Alberta oil patch will twice as busy as it's ever been by 2020 with the rise of the Duvernay just as decline rates start to kick in on U.S. 
Shale Play
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