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Greenfire Resources Ord Shs T.GFR

Alternate Symbol(s):  GFR | GFRWF

Greenfire Resources Ltd. is an energy company focused on the production and development of thermal energy resources from the Athabasca region of Alberta, Canada. Its business is the production and development of upstream energy resources from the oil sands in Canada, using in situ thermal oil production extraction techniques, such as steam assisted gravity drainage (SAGD). Its operations include Thermal Oil Operations, Tier-1 Oil Sands Reservoir, Hangingstone Facilities, Infrastructure & Pipelines and Cooperation with Trafigura. Its operations in the Canadian oil sands leverage in situ thermal oil development to access Western Canada’s energy resources. It operates two SAGD oil production facilities within the same Tier-1 reservoir at Hangingstone, situated 50 kilometers (km) south of Fort McMurray in Northern Alberta. Its Demo Asset is located 50 km south of Fort McMurray, Alberta. The Expansion Asset and Demo Asset (together the Hangingstone Facilities) have a Tier-1 SAGD reservoir.


TSX:GFR - Post by User

Greenfire Resources Ord Shs
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Post by ztransforms173on Aug 15, 2024 9:38am
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Post# 36180292

CC: GFR Are TRYING HARD But Have LITTLE BROKERAGE INTEREST

CC: GFR Are TRYING HARD But Have LITTLE BROKERAGE INTEREST- ONLY a COUPLE of questions from IMPERIAL CAPITAL on PROPERTY ACQUISITIONS and BOP GROWTH in July and August

* GFR bought a VERY SMALL NG PRODUCER on GFR LEASED LAND to have 100% CONTROL of LAND DEVELOPMENT for BITUMEN PRODUCTION

* GFR bought a BITUMEN RESOURCE PROPERTY OUT of BK for FUTURE DEVELOPMENT

* BOP GROWTH in JULY and AUGUST was ENTIRELY DUE to NEW PRODUCING WELLS

TURNAROUNDS:

- September: EXPANSION asset

- October: DEMO asset

z173
 
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