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PetroFrontier Corp PFRRF


Primary Symbol: V.PFC

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

Post by TheodoreVeisson Sep 13, 2022 1:39pm
147 Views
Post# 34959883

Market Cap

Market Cap
Questions to be answered:

1.) Are CEO/CFO contacing brokerages/funds/other funding sources, if so which ones and has management done so over time and documented same?

2.) Is management acting in the best interest of all sharholders?

3.) Management seems to be saying that poor market conditions cause a too low share price and difficuly raising funds Why would an ethical management team and board authorize options to managment when they are fully aware and state that the market price of shares is irregular and too low? Would it not be ethical to issue options at a price reflective of the value of the shares, not the trading price, which managment could influence by way of market awareness but refuses to do so?

4.) Are the Australian regulators looking into how a proposed financing is priced at COVID levels when oil and gas and all fossil fuels are trading much higher?

5.) Has someone contacted CRA and regulators and First Nations to find out what is going on?

6.) Are offshore entities involved in the company's trading and valuation and disclosure methods?

7.) Who controls this company; management  on behalf of all shareholders or management and key shareholders on behalf of some shareholders?



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