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PetroFrontier Corp V.PFC

Alternate Symbol(s):  PFRRF

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

Bullboard Posts
Comment by geomeanon May 05, 2005 4:08pm
209 Views
Post# 9002413

RE: T. Boone Pickens

RE: T. Boone Pickens Boone knows oil, but doesn't understand the economics of wind power. The National Academy of Sciences report in spring last year on the Hydrogen economy correctly ID'd wind powered hydrogen generation as the lowest cost long term energy solution. Having been deeply involved in the industry for over 30 years, including personal ownership of a first mortgage on a lot of desert land around Palm Springs now holding wind turbines, I a very comfortable in saying that Boone is wrong on nuclear and doesn't understand hydrogen economics. If he is going to be a long term player in oil, he better learn. GE has figured it out. I predict the first key area will be in Northern Alberta for the oil sands projects, which requires billions for hydrogen infrastructure.
Bullboard Posts