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Bullboard - Stock Discussion Forum 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... see more

TSX:PRQ - Post Discussion

Petrus Resources Ltd > Updated capex
View:
Post by Seppelt on Sep 19, 2022 9:03pm

Updated capex

Doubling the capex compared to December 2021 guidance, would increase 2022 exit production by about 2,000 boed only. A lot of the increase must be an adjustment for higher service cost due to inflation.
Comment by WRig33JN on Sep 20, 2022 11:42am
Great news.. Thought a news release like this would move share price yet it remains unphased. Oh well ill keep buying.
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