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Tamtam

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Friday, 07/19/2013 9:42:48 AM

Friday, July 19, 2013 9:42:48 AM

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PetroFrontier Corp. obtains approvals for Amended Farmin Agreement with Statoil


CALGARY, July 19, 2013 /CNW/ - (TSX-V: PFC) - PetroFrontier Corp. ("PetroFrontier") is very pleased to announce that the Foreign Investment Review Board of Australia ("FIRB") has no objection to, and the TSX Venture Exchange ("TSXV") has conditionally approved, the Amended Farmin Agreement between Statoil Australia Theta B.V., a wholly owned subsidiary of Statoil ASA ("Statoil") and PetroFrontier. Subject to final approval of the TSXV upon filing of final documents, these approvals satisfy the last condition precedent of the Amended Farmin Agreement announced on June 11, 2013.

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