PetroFrontier Corp. is a publicly traded (TSX-V: PFC) oil and gas company exploring for both conventional and unconventional onshore petroleum and natural gas in the Northern Territory, Australia. PetroFrontier is one of the first companies to undertake extensive exploration in the Southern Georgina Basin. Founded in 2009, the first two years of operations concentrated on amassing a large land position, which currently sits at 14.1 million acres with an 87% working interest within four exploration permits and two exploration permit applications. A drilling program commenced in late 2011 targeting significant unconventional hydrocarbon potential. Headquartered in Calgary, Alberta, Canada, PetroFrontier employs a highly experienced management team and Board of Directors with expertise in international oil and natural gas exploration and development.
Petrofrontier Corp. today released its third quarter 2013 financial and operating results.
PetroFrontier Corp. announces that Mr. Paul Bennett, its President and Chief Executive Officer, who has served the Corporation since its inception in early 2009, has decided to retire from those positions effective October 31, 2013. Mr. Bennett will also be leaving the Board of Directors of PetroFrontier, but has agreed to consult to PetroFrontier until June 30, 2014.
PetroFrontier Corp. announces that all of the resolutions put forward in the Instrument of Proxy were passed at its Annual and Special Meeting of shareholders held earlier today.