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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.


TSX:PRQ - Post by User

Post by llerrad5on Dec 09, 2024 12:51pm
62 Views
Post# 36352977

When is the next polar vortex due?

When is the next polar vortex due?Another round of much colder air is coming from late December into Mid-January from a stratospheric warming polar vortex event.

Thus, this type of cold at the maximum demand time of the year should be enough to propel February natural gas prices to $4 resistance.


A La Nina Modoki remains.
 
A temporary warming up phase in the US has caused another opportunity for an even larger tradeable rally than the one which was just seen in Natural Gas.
 
An even colder air mass is coming for back half of December especially Christmas week and that should continue through mid January as a very serious Sudden Stratospheric Warming event leads to a major polar vortex intrusion in the US especially the eastern portion.
 



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