Bullboard - Stock Discussion Forum International Frontier Resources Corp V.IFR

Alternate Symbol(s): IFRTF

Energy Oil & Gas E&P

International Frontier Resources Corporation is a Canadian company, which is focused on advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. It also has projects in Canada and the United States, including the Northwest Territories, and... see more

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TSXV:IFR - Post Discussion

International Frontier Resources Corp > Tecolutia permiting

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Post by DrHoliday on Apr 09, 2021 4:11pm

Tecolutia permiting

Once IFR gets the permit for Tecolutia from the Mexican Energy Regulators, I think the stock should respond very positively, and after Simmons gets paid out on the first well, we will have a producing asset and then we can proceed to drilling the next exploration license on the block.

The uncertainty is the timing of this permit and just how many barrels per day Tecolutia will yield. I think the permit approval will come sooner than people expect.

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