Petrus Resources Ltd T.PRQ

Alternate Symbol(s): PTRUF

Petrus Resources Ltd. is a Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta. The Company has an inventory of low-risk oil and natural gas development assets in its Ferrier, North Ferrier and Thorsby operating areas. Its core area, Ferrier, is a resource play. The Ferrier is a liquid rich Cardium gas play. North Ferrier is an extension of its core Ferrier area. Its Thorsby asset is located in the central part of the province. Its properties, located in the foothills of Alberta, are a more minor area for the Company. The Company is also evaluating Kakwa, an early-stage Dunvegan oil play, for potential further long term development.

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Petrus Resources Ltd > Head Winds

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Comment by geezer21on Apr 06, 2022 9:13pm

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Post# 34582702

RE:RE:RE:Head Winds

With natural gas on a steady rise through Q1 up to $6.13 at the moment and with
Petrus pouring $50 - $55 million into drilling and producing about 67% natural gas expect Q1 to be a record quarter.

Petrus is outperforming all others with a profit margin of 161% and can be had for just 1.5 x earnings and 0.9x book.

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