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Bullboard - Stock Discussion Forum 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... see more

TSX:PRQ - Post Discussion

Petrus Resources Ltd > Monthly Activity Update
View:
Post by Seppelt on Mar 31, 2023 8:12am

Monthly Activity Update

February production is slightly lower than January. March should be higher.
https://static1.squarespace.com/static/61785537e5f7ac63ee886fa0/t/6425cf35c1bfd23ebb5de3d8/1680199479117/February+2023++Activity+Update.pdf
Comment by sportstermathew on May 16, 2023 10:23am
Things have not looked so good since they posted putting a hold on CAPEX till they figure out what they want to do longer term. They spent a lot of money in the 1st quarter, 2nd quarter was supposed to do some drilling in a new area? Short sellers are around. Dividend not so sure now for a while at least. NG prices heading back to $2.50 for NYMEX at least.  Whether Canadian companies are ...more  
Comment by Kadiddelhopper on May 17, 2023 8:28am
Concur with all your points, . Stepped away from the " falling knives" until ???The mood for the remaining balance of this year seems especially dour across the general spectrum of the Market as a whole.
Comment by Kadiddelhopper on May 30, 2023 3:58pm
Can Petrus ever recover from this slump? ...very drastic turn downward these last couple of months now.
Petrus Resources Ltd
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