CALGARY, March 3, 2016 /CNW/ - (TSX-V: PFC) –
PetroFrontier Corp. ("PetroFrontier" or the "Corporation") is
pleased to announce that Mr. Paul
Cheung has joined PetroFrontier's board of directors,
subject to regulatory approval. Mr. Cheung is a geologist with an
undergraduate in Geology from the University
of Calgary and a Master of Science degree in Geology from
Oklahoma State University. Mr. Cheung
has been an independent businessman since January 2001. He has founded multiple drilling
and oilfield services companies since 1997, including Alliance
Drilling and Oilfield Services Ltd., Partner Drilling Ltd., Advance
Drilling Ltd. and Independent Well Servicing Ltd. Additionally, Mr.
Cheung has been involved with Grand Bow Petroleum Ltd. and Alliance
Energy Ltd., both private oil and gas exploration companies.
Annual and Special Meeting of Shareholders
PetroFrontier's Annual and Special Meeting of shareholders will
be held Tuesday, April 26, 2016, at
1600, 333 - 7th Avenue SW, Calgary
Alberta, T2P 2Z1, at 11:00
a.m. (Calgary time).
About PetroFrontier Corp.
PetroFrontier currently has in excess of $9 million in cash and no debt and has focused
its attention on identifying and evaluating a range of options,
which could include a recapitalization of PetroFrontier, a merger
or other business combination of PetroFrontier with another entity
or the sale of PetroFrontier as a whole.
PetroFrontier's head office is in Calgary, Alberta and its common shares are
listed for trading on the TSX Venture Exchange under the symbol
"PFC".
SOURCE PetroFrontier Corp.