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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.


TSX:PRQ - Post by User

Post by llerrad5on Apr 22, 2022 11:41am
148 Views
Post# 34623863

GAs and Share price outlooks

GAs and Share price outlooks
The winter top in Natual Gas has occurred in the month of April given a very late ending winter at above $8 validating the long-standing bullish forecast we made over a year ago.
 
A correction into June is expected and we will be looking to reload in this market for a move above $10 by the late fall of 2022.

I will hold my PRQ but have lightened up on others and await a June buying opp.
It's time for some sector consolidation of share prices.

 


 

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