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PetroFrontier completes seismic program on Southern Georgina Basin permits


Published Sep 9, 2013
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PetroFrontier Corp.

PetroFrontier Corp. announce that it has completed the "AMY" 2D proprietary seismic acquisition program consisting of 304 km on its Southern Georgina Basin exploration permits in the Northern Territory, Australia. Interpretation of the data gathered will be the next step in determining drilling locations for conventional and unconventional exploration wells as part of the 2013/2014 capital exploration program in the Southern Georgina Basin to be announced at a later date.

Pursuant to the Amended Farmin Agreement announced on June 11, 2013, Statoil Australia Theta B.V. ("Statoil") has assumed operatorship of PetroFrontier's four exploration permits (EP 103, EP 104, EP 127, EP 128) and exploration permit applications (EPA 213 and EPA 252) effective September 1, 2013. Consequently, PetroFrontier has released all staff in its operations office in Adelaide, Australia and that office is now closed.

Tags: PetroFrontier Corp.




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