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Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells at Brazeau and Continued Successful Development (click to learn more)
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Bullboard - Stock Discussion Forum
Prospera Energy Inc
GXRFF
Primary Symbol:
V.PEI
Energy
Oil & Gas E&P
Prospera Energy Inc. is a Canada-based energy company. The Company specializes in the exploration, development, and production of crude oil and natural gas. Its core properties include Cuthbert, Luseland and Heart Hills in Saskatchewan; and Red Earth and Pouce Coupe in Alberta. Its Phase II restructured development program intends to increase production. The Phase II development entails the...
drilling of 10 horizontal wells in heavy oil and 8 slanted wells in medium-light oil to accelerate growth and capture the remaining reserves (400 million bbls). It also seeks to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path.
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Company Website
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Bullboard (TSXV:PEI)
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(83)
•••
goldboyz2
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Comment by
goldboyz2
on Dec 14, 2023 9:54am
RE:RE:New Press Release - Prospera Energy Announces a +500 bbls per Day Flowing Well and Continued Horizontal Drilling Success
Great Results, nothing but selling so far on the news......dang tax loss. Could offer a prime opportunity to pick up cheap shares GB
(19)
•••
Trademark11
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Comment by
Trademark11
on Dec 14, 2023 5:13am
RE:New Press Release - Prospera Energy Announces a +500 bbls per Day Flowing Well and Continued Horizontal Drilling Success
1577 boe/d + 500-ish second Brooks well + 100-ish 9th horizontal + 600-ish restart Cuthbert field shut in production = 2777 boe/d - ish ?? Granted 1000 boe/d is IP from Brooks but what a huge
...more
Saturn Oil & Gas Inc. Announces its First Development of Cardium Wells at Brazeau and Continued Successful Development
posted May 02, 2024 9:00am by
Saturn Oil & Gas Inc.
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Saturn has followed up its success in previous years drilling in Southeast Saskatchewan to enhance its IP30 initial production rates and overall return on invested capital. Saturn has recently finished drilling one gross (1.0 net) Open Hole Multi-Lateral ("OHML") well in the Viewfield area of Southeast Saskatchewan with eight horizontal legs of up to two miles each ...read more
(0)
•••
PressRelease
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Post by
PressRelease
on Dec 14, 2023 2:00am
New Press Release - Prospera Energy Announces a +500 bbls per Day Flowing Well and Continued Horizontal Drilling Success
CALGARY, Alberta, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE).Prospera Energy Inc. is pleased to announce a medium light oil +500 barrels per day flowing well from a full day of production...
read article.
(60)
•••
geric
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Post by
geric
on Dec 10, 2023 10:09pm
Update on YouTube
Prospera Energy December Oil Production Set to Hit Post-Restructure High with CEO Samuel David (youtube.com)
(3)
•••
Beast1005
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Comment by
Beast1005
on Dec 08, 2023 1:55pm
RE:Well 8 SPUD
wonder if there going to stop at ten horizontal wells or keep going. curious how there plan with brooks there map showing 8 wells he said there was 20 targets how far there going to take that
...more
(19)
•••
Trademark11
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Comment by
Trademark11
on Dec 07, 2023 5:00am
RE:RE:Well 8 SPUD
Really? Dec 5 news release
(3)
•••
Beast1005
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Comment by
Beast1005
on Dec 06, 2023 1:01pm
RE:RE:RE:RE:Well 8 SPUD
really the only thing I don't understand is they whole brooks deal. ceo owns 50% gives 50% to the company. said its under the books. the value for 50% should be spelled out for
...more
(3)
•••
Beast1005
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Comment by
Beast1005
on Dec 06, 2023 12:34pm
RE:RE:RE:Well 8 SPUD
ya but if they pay it off in a year then I think it is more than manageable. hope they hit there goals. ya its 14% then gets higher if they don't pay it off how im reading it in a year
...more
(45)
•••
borne2run
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Comment by
borne2run
on Dec 05, 2023 7:50pm
RE:RE:Well 8 SPUD
Re1ndeer, pump & dumpers will say anything. Did you notice the terms of the Royalty agreement? The royalty owners will earn approx 20% per annum on their investment. Sweet deal.&
...more
(139)
•••
Re1ndeer2
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Comment by
Re1ndeer2
on Dec 05, 2023 5:29pm
RE:Well 8 SPUD
Where did you see Davids buy .
(19)
•••
Trademark11
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Post by
Trademark11
on Dec 05, 2023 4:06am
Well 8 SPUD
Well 8 Spudded Dec 3rd at 14:30. Two more after that before year end. Huge insider buy by Samuel David in most recent financing... boots-on-the-ground CEO continuing to support the cause
(0)
•••
PressRelease
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Post by
PressRelease
on Dec 05, 2023 1:59am
New Press Release - Prospera Energy Inc. Secures $3.5 Million in Development Financing and Announces Strategic Appointments to Strengthen Leadership Team
CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE).Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) is a publicly traded energy company based in Western Canada...
read article.
(60)
•••
geric
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Comment by
geric
on Dec 03, 2023 1:01pm
RE:PEI is healthy, rgrowing and undervalued...
However the article states an error in reserves. " The potential is almost inexhaustible, with an estimated half a million barrels of oil equivalent (BOE) still in the ground
...more
(158)
•••
Gringotts
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Post by
Gringotts
on Nov 29, 2023 10:37pm
PEI is healthy, rgrowing and undervalued...
This is an insightful article posted yesterday by Mining Discovery. https://lnkd.in/d4-9MaUs
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