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PetroFrontier, Statoil To Explore Unconventional Plays

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June 20, 2012

 

PetroFrontier Corp. (TSX VENTURE:PFC) announced that through its two wholly-owned subsidiaries (PetroFrontier (Australia) Pty Ltd and Texalta (Australia) Pty Ltd), it has entered into a binding farm-in agreement (the "Farm-in Agreement") with Statoil Australia Oil and Gas AS ("Statoil"), a wholly-owned subsidiary of Statoil ASA of Norway whereby Statoil will farm into PetroFrontier's four exploration ...

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