CND 14.3% 3.2¢ condor energy limited

what's on for bkp in the very near future

  1. SBG
    28 Posts.
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    As per PFC's 16th Jan Announcement:
    "Although PetroFrontier has not set a definitive deadline, it anticipates completing this search by late March, 2012 so that it can coordinate such third party participation with its current exploration program. PetroFrontier does not intend to disclose developments with respect to the search process until its Board of Directors has approved a definitive agreement with a joint venture partner, or otherwise determines that disclosure is required"

    Then Mcquarie Capital has this (please note the proposal due date at the bottom) :

    Confidentiality Agreement
    ?? Confidential information is available in the Data CD,
    the Confidential Memorandum, the Data Room and
    the Virtual Data Room
    ?? Download at www.macquarietristone.com
    Evaluation Materials
    ?? Available mid February 2012
    Data Rooms (Calgary, AB)
    ?? Open mid February 2012
    ?? Shelly Hopp (403-539-4348) will contact you
    to schedule a Data Room appointment after
    receipt of TWO signed Confidentiality Agreements
    Proposals Due:
    ?? Due March 29, 2012

    PFC has since mentioned delay in mobilizing Ensign's rig #918 and have anticipated likely extention of the proposal due date - although in no definitive terms that it will be extended.
    Does this mean that they now have the proposals and are considering their options? But what ever the case... I am anticipating a few announcements during the coming few weeks.....
 
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