CALGARY, July 22, 2013 /CNW/ - (TSXV: PFC) - PetroFrontier Corp. ("PetroFrontier") announces that it has begun recording the "AMY" 2D proprietary seismic acquisition program (approximately 385 km in length) on its four exploration permits ("EP"), EP 103, EP 104, EP 127 and EP 128, in the Southern Georgina Basin, Northern Territory, Australia. This seismic survey, contracted to Terrex Seismic of Australia, will fulfill [...]
CALGARY, July 19, 2013 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the Foreign Investment Review Board of Australia ("FIRB") has no objection to, and the TSX Venture Exchange ("TSXV") has conditionally approved, the Amended Farmin Agreement between Statoil Australia Theta B.V., a wholly owned subsidiary of Statoil ASA ("Statoil") and PetroFrontier. Subject to final [...]
CALGARY, June 11, 2013 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to announce that it has agreed to amend the existing farmin agreement with Statoil Australia Oil & Gas AS ("Statoil") whereby Statoil has committed to spend the next US$50 million throughout the remainder of 2013 and 2014 to fully fund up to a 385 km 2D seismic program and the drilling and stimulation of four to six vertical [...]
CALGARY, May 28, 2013 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") today released its first quarter 2013 financial and operating results. A copy of PetroFrontier's unaudited condensed consolidated financial statements and related management's discussion and analysis ("MD&A") can be obtained through PetroFrontier's website and on SEDAR at www.sedar.com.About PetroFrontier Corp.PetroFrontier is an [...]
CALGARY, April 26, 2013 /CNW/ - (TSX-V:PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to announce the release of its 2012 year-end financial and operating results. A copy of PetroFrontier's audited consolidated financial statements and related management's discussion and analysis ("MD&A") can be obtained through either PetroFrontier's website or SEDAR at www.sedar.com.PetroFrontier has also made available for all [...]
CALGARY, Jan. 14, 2013 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") announces, further to its press release dated December 4, 2012, that it has retained GMP Securities L.P. ("GMP") as the Corporation's exclusive financial advisor. GMP will assist the Corporation in identifying and evaluating a range of strategic alternatives, which could include a recapitalization of the Corporation, a [...]
CALGARY, Dec. 4, 2012 /CNW/ - (TSXV: PFC) - PetroFrontier Corp. ("PetroFrontier" or the "Corporation") announces that its Board of Directors has commenced a strategic review process to identify, examine and consider strategic alternatives for the Corporation. Such strategic alternatives could include a recapitalization of the Corporation, a merger or other business combination of the Corporation with another entity or the [...]
CALGARY, Nov. 27, 2012 /CNW/ - (TSXV: PFC) - PetroFrontier Corp. ("PetroFrontier") today released its third quarter 2012 financial and operating results. A copy of PetroFrontier's unaudited condensed consolidated financial statements and related management's discussion and analysis ("MD&A") can be obtained through PetroFrontier's website and on SEDAR at www.sedar.com.About PetroFrontier Corp.PetroFrontier is an [...]
CALGARY, Nov. 9, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to provide the following operational updates.Operational UpdateOwen-3HAt PetroFrontier's third horizontal well, Owen-3H (located in EP104, Northern Territory, Australia), a high capacity jet pump has been installed, along with the necessary surface tankage and piping to conduct the cleanup and production testing on this [...]
CALGARY, Oct. 12, 2012 /CNW/ - (TSXV: PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to provide an operational update regarding its current well completion operations in the Southern Georgina Basin, Northern Territory, Australia.Owen-3H A successful hydraulic stimulation was performed on the Owen-3H well over ten open-hole stages. PetroFrontier is very encouraged by the low fluid injection pressures and high [...]
CALGARY, Sept. 17, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the second tranche of its $10.0 million non-brokered private placement (the "Offering") was oversubscribed and has now closed. Pursuant to the second closing of the Offering, PetroFrontier issued 7,913,613 units (the "Units") at a price of $0.65 per Unit for gross proceeds of $5,143,848. Each Unit consists [...]
CALGARY, Sept. 10, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") announced today that it has closed the first tranche of its previously announced non-brokered private placement of up to $10 million in gross proceeds (the "Offering"). Pursuant to the first closing of the Offering, PetroFrontier issued 7,471,002 units (the "Units") at a price of $0.65 per Unit for gross proceeds of $4,856,151. Each Unit [...]