Replies to post #13954 on Frontier Energy Corp. (FRGY)

[RickInv]

Well, for starters - Revenues, from 30 clients!!

From the cancenoil.com website:

The ace that Cancen has up their sleeve is the 1-B disposal well. Cancen has full capability and licence to safely dispose of various used water associated with oil. This means that Cancen has low overhead costs and is very flexible in meeting the needs of clients in a cost effective manner. Currently, Cancen is handling approximately 30 clients at a time, but has the capacity for more. Their unique in-house process is safe, environmentally friendly, and efficiently increases throughput, Cancen combines management expertise, low overhead and a unique process to deliver premium product and services to their clientele, while adhering to ERCB regulations and being fully licensed.

[rheddle]

Revenues question: - "Cancen mostly gets rid of oil waste...clean up."

An old saying I like applies here:

"Where there's muck, there's brass"

Cancen's new project (permits have been linked in past posts (xbigshot was the first to find it and I have also pasted the link) will process 6000 barrels of oil a day once at full capacity and generate 5 megawatts of electricity. $$$ - revenues.

Cancen has 30 clients on the go at any one time as well (Cancen website), so they are all paying customers.

R

[Stevenvegas]

Would imagine this is an expansion for them. They do blends and clean oil transport as well so makes complete sense. We will see their financials soon, as they are private now going into a public company. As for our bottom line, I believe right out of the gate we've gone way into the black.