To: Brinks who wrote (48919 ) 8/9/2012 12:18:36 PM From: Brinks Respond to PetroFrontier Corp. provides "Owen-3" drilling update in Southern Georgina Basin, Australia Press Release : PetroFrontier Corp. – 3 hours ago ( PFC.V - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the vertical section of the "Owen-3" horizontal well has been drilled to a measured depth of 1,180 metres. Drilling of the horizontal sidetrack is underway and is expected to reach up to 1,000 metres in approximately three weeks. This will be PetroFrontier's third horizontal exploration well in the Southern Georgina Basin, Northern Territory, Australia . PetroFrontier is very encouraged by the initial assessment of the cores which seeped oil upon retrieval and had extensive florescence throughout. The well was also wire line logged with equally encouraging results indicating over 25 metres total vertical depth ("TVD") of hydrocarbon bearing formation. Completion operations are expected to commence later in August . PetroFrontier intends to conduct ten-stage fracture stimulations at each of its three wells: MacIntyre-2H, Baldwin-2Hst1 and Owen-3H. In order to maximize operational efficiencies, the wells will then be flow tested after all wells have been fracture stimulated. About PetroFrontier Corp.
