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IFR International Frontier Resources Corp

0.055
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
International Frontier Resources Corp TSXV:IFR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.055 0.055 0.06 14 01:00:00

Frontier Acquires Acreage in Southeast Alberta

03/08/2011 2:00pm

Marketwired Canada


International Frontier Resources Corporation ("Frontier" or the "Company") (TSX
VENTURE:IFR) today reported that it has acquired 1,120 acres (100%) located in
the Manyberries area of southeast Alberta. The lands are prospective for an oil
accumulation in the Sawtooth and Sunburst channel sands. The prospect was
identified with 2D seismic, to firm up drilling locations Frontier plans on
obtaining partner(s) to participate in shooting a 3D seismic survey and in the
drilling of the initial well. 


In the Company's Glacier County, Montana prospect area Newfield Exploration
(NFX-Z) reported on July 20, 2011 the following operating results for the
Southern Alberta Basin "To date Newfield has drilled seven vertical wells and
has completed and placed on production two horizontal wells. Fracture
stimulation services are in the region executing on a program to stimulate and
test multiple geologic horizons in up to four of the vertical wells. All of the
wells to date have encountered oil. Newfield has approximately 320,000 net acres
in the play, located in Glacier County, Montana." As previously reported
Frontier has oil and gas leases issued to Newfield that are in close proximity
to recent vertical and horizontal wells licensed by Newfield. 


Scouting reports confirm that Rosetta Resources (ROSE-Q) are currently drilling
a horizontal well and that Anschutz Exploration (private) are preparing a
surface lease for the drilling of a horizontal well on the Pine Ridge prospect.
Both wells are being drilled on the north end of the Blackfeet Reserve in
Glacier County where Frontier holds a significant fee acreage position.


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