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 [...]
CALGARY, Sept. 4, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to provide the following operational and corporate updates.Operational UpdateMacIntyre-2HCompletion operations at PetroFrontier's second horizontal well, MacIntyre-2H located in EP 127, Northern Territory, Australia are currently underway but not yet completed.Owen-3HPetroFrontier's third horizontal well, Owen-3H, located [...]
CALGARY, Aug. 29, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") today released its second 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 the PetroFrontier's website and on SEDAR at www.sedar.com.About PetroFrontier Corp.PetroFrontier is an [...]
The Semi-Annual Review of the S&P/TSX Venture 30 IndexTORONTO, Aug. 10, 2012 /CNW/ - S&P Canadian Index Services announces the results of the semi-annual review of the S&P/TSX Venture 30 Index effective after the close of trading on Friday, August 17, 2012.ADDITIONS Issue NameSymbolChesapeake Gold Corp.CKGEnergold Drilling Corp.EGDGoldQuest Mining Corp.GQCGreat Western Minerals Group Ltd.GWGIona Energy Inc.INAMart [...]
CALGARY, Aug. 9, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the vertical section of the "Owen-3" horizontal well has been drilled to a measured depth of 1,180 metres. Drilling of the horizontal sidetrack is underway and is expected to reach up to 1,000 metres in approximately three weeks. This will be PetroFrontier's third horizontal exploration well in the Southern [...]
CALGARY, July 16, 2012 /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 the joint venture between Statoil Australia Oil and Gas AS ("Statoil") and PetroFrontier. This approval satisfies the last condition precedent of the Farm-In Agreement announced on June 20, 2012."We are thrilled that this [...]
CALGARY, July 11, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") announces that it has received a notice of termination from Macquarie Capital Markets Canada Inc. ("Macquarie") terminating its obligations pursuant to the Underwriting Agreement made effective June 20, 2012 (the "Underwriting Agreement"), whereby Macquarie had agreed to purchase on a bought deal basis 15,000,000 subscription receipts at a [...]
CALGARY, July 9, 2012 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is pleased to announce the spudding of its third horizontal well, "Owen-3", in the Southern Georgina Basin, Northern Territory, Australia. Owen-3 is located in the eastern part of Exploration Permit ("EP") 104 where PetroFrontier currently holds a 100% operated working interest and is included in the recently announced joint venture area [...]