Prospera Energy Announces a +500 bbls per Day Flowing Well 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 testing. This above gradient pressure reservoir will typically flow for a few months and will transition into an artificial lift system production of approximately +150 bblspd of stabilized rate. A second well is also to come online within the next few days expecting similar production rates. Prospera will continue the medium light oil drilling development to increase production and diversify the heavy-light oil product mix to increase shareholder value.
Prospera Energy Announces a +500 bbls per Day Flowing Well (globenewswire.com)