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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...
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.
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TSX:PRQ - Post Discussion
Petrus Resources Ltd
> Reasonable
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topdop
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Post by
topdop
on Apr 26, 2024 9:44am
Reasonable
Quarter of reduced CapEx; and almost 1/3 of Total production now = liquids = favourable Pricing.
Not much more to do here except wait to see what the Grays' "Bigger Picture" looks like.
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