PetroFrontier is pleased to announce its financial and operating results for the twelve months ended December 31, 2016 and the results of its 2016 year-end reserves evaluation. PetroFrontier acquired interests in 18 highly contiguous sections (16.5 net) of heavy oil properties in the Cold Lake area of northeastern Alberta for approximately $17.83 million.
PetroFrontier is pleased to announce that it has successfully completed the drilling of the first three wells that are part of the next phase of its development program in the Cold Lake area of Alberta. These three wells consist of two horizontal wells and one slant well. In the first horizontal well (PFC HZ 109 BEAVRDM 13-15-61-02 W4), a 774 metre horizontal leg was drilled targeting the Sparky zone. The well has been [...]
PetroFrontier is pleased to announce that it has now spudded the first of up to four wells that will form part of the next phase of its development program in the Cold Lake area of Alberta. Because of delays in obtaining the required drilling licenses and the increased costs of drilling over the holiday season, the drilling of these wells was deferred to early 2017. PetroFrontier also announces that its reconstructed [...]
PetroFrontier today released its third quarter 2016 financial and operating results. A copy of PetroFrontier’s condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) can be obtained on SEDAR
CALGARY, ALBERTA--(Marketwired - Jul 21, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) is pleased to announce that it has closed its previously announced acquisition of certain resource assets (the "Assets") in the Cold Lake area of northeastern Alberta (the "Acquisition") from Kasten Energy Inc. ("Kasten"). The Acquisition price was approximately $17.49 million for the Assets payable as follows: by the [...]
CALGARY, ALBERTA--(Marketwired - Jul 19, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) announces that the resolution to approve Kasten Energy Inc. ("Kasten") as a new Control Person (as such term is defined by the policies of the TSX Venture Exchange) of PetroFrontier was approved at the reconvened annual and special meeting of shareholders held on July 19, 2016 by a vote of 89.45% of the independent [...]
CALGARY, ALBERTA--(Marketwired - Jul 12, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) is pleased to announce that further to its news release dated June 1, 2016, PetroFrontier and Kasten Energy Inc. ("Kasten"), have entered into a definitive agreement dated July 12, 2016 (the "Definitive Agreement") for the acquisition of certain resource assets of Kasten (the "Assets") in the Cold Lake area of [...]
CALGARY, ALBERTA--(Marketwired - Jun 24, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) announces that all of the resolutions put forward at PetroFrontier's Annual and Special Meeting of shareholders held on June 24, 2016 (the "Meeting") other than the resolution to approve Kasten Energy Inc. ("Kasten") as a new Control Person (as such term is defined by the policies of the TSX Venture Exchange (the [...]
CALGARY, ALBERTA--(Marketwired - Jun 1, 2016) - PetroFrontier Corp. ("PetroFrontier") (TSX VENTURE:PFC) is very pleased to announce that it has entered into an arm's length non-binding letter of intent with Kasten Energy Inc. ("Kasten"), an Alberta corporation, effective May 17, 2016, to acquire certain resource assets of Kasten (the "Assets") in the Cold Lake area of northeastern Alberta (the "Acquisition [...]
PetroFrontier today released its first quarter 2016 financial and operating results. A copy of PetroFrontier’s condensed consolidated interim financial statements and related management’s discussion and analysis (“MD&A”) can be obtained on SEDAR.
CALGARY, ALBERTA--(Marketwired - Apr 8, 2016) - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") (TSX VENTURE:PFC) announces that, subject to regulatory approval, Mr. Robert Gillies CPA, CA has been appointed as Chief Financial Officer and Secretary of the Corporation effective immediately. Mr. Gillies has extensive experience with public corporations and has been an independent CPA since 2005. About [...]