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PetroFrontier Strikes $15M Deal for Cold Lake Development

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PetroFrontier Strikes $15M Deal for Cold Lake Development

PetroFrontier (TSE:PFC) has released an update.

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PetroFrontier Corp. has secured a $15.1 million funding partnership with DeerGarden Resources Ltd. to advance its energy interests in Alberta’s Cold Lake region. The deal involves the formation of a limited partnership to manage the Cold Lake assets, with an initial focus on drilling and workovers aimed at increasing production.

For further insights into TSE:PFC stock, check out TipRanks’ Stock Analysis page.

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