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. 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 Corp. 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.
PetroFrontier Corp. announces that its Board of Directors has commenced a strategic review process to identify, examine and consider strategic alternatives for the Corporation.