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 > Majorly Undervalued

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Comment by texholdemon Sep 17, 2022 6:08pm

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Post# 34969293

RE:RE:Majorly Undervalued

texholdem wrote: Important to understand very different plays.
PFC is in heavy oil using CHOPS with initial flow rate perhaps 35-65 barrels per day.
I am not an expert but I do know Clearwater plays are very different and not comparable to PFC.

This oil is worth much less.
PFC needs financing which has obviously been hard to come by.
Hard to get things done because of shortages everywhere and costs have sky rocketed.

Rhino must have had difficulty pulling off what they had hoped when oil corrected and recession talk cranked up.

I am optimistic PFC shareholders will be rewarded at some point as I beleive this is the very early stages of multi-year bull market for oil.

Frustrating to have most of my energy holdings be 10 baggers off the Covid lows and we sit here at a dime on a good day. Let's see if anyone comes knocking when oil is over $100 at year-end and most balances sheets in the patch are as clean as every with free cashflows over 30% all over the place.

Don't worry the corporate presentation for PFC is "coming soon" accordling to the website.....four years later I am still waiting for something to happen.

I am hoping for 25-35 cents in the next few years.....hoping and trying to be patient.

Just when Putin went off the deep end...oil skyrockts to $120....Rhino then shows up....in OZ....ask yourself with PFC's history in Oz and huge taxes losses that can only be used in OZ what are those loses worth....if only we had better communication and direction.....I have no choice at this point but to have faith they have our best interests in mind. Cheung hasn't bought in ages and who knows what exposure management reallly has with Kasten. How many of them are in on those 99 million shares. If I get diluted anymore though......I like good old traditional management exposure I can see with insiders buying occassionally.

GLTA