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 13.6 million acres with an 85.5% working interest within four exploration permits. 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 is pleased to announce that it has secured Rig #918 with Ensign Australia Pty. Limited, a subsidiary of Ensign International Energy Services ("Ensign") for the drilling of two horizontal wells in the Southern Georgina Basin, Northern Territory, Australia.
PetroFrontier Corp. (“PetroFrontier”) is pleased to announce that as a result of inquiries from third parties and to maintain its financial flexibility, it has retained Macquarie Capital Markets Canada Ltd. as its exclusive advisor to assist it in seeking a suitable joint venture partner.
PetroFrontier Corp. today released its financial and operating results for the third quarter 2011.
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