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 > 4 x Gray siblings

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Comment by kavern23on Mar 20, 2024 9:40pm

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Post# 35944138

RE:RE:4 x Gray siblings

A possible exit strategy could be merging with Yangarra.

Land base is complementary and could add value for a merger sending some of Ygr ng to Petrus natural gas plant that has lots of room. Cheaper to run a gas plant fuel on a per unit cost as well.

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