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Petrus Resources Ltd T.PRQ

Alternate Symbol(s):  PTRUF

Consumer Cyclical Energy Advertising Agencies Oil & Gas E&P
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

Petrus Resources Ltd > This is good to hear…
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Comment by llerrad5on Dec 09, 2024 12:47pm
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Post# 36352964

RE:This is good to hear…

RE:This is good to hear…While the dividend is safe this, particulary, when we are coming off  a 20 year historical low for Nat Gas.

The overall  trend for gas is up.

PRQ must keep up it's capital progam.

As the wells deplete, they keep drilling and bringing on new ones to maintain the flow to the processing plant.



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